France, which has a large defence industry, has often complained when other European Union members have opted to buy U.S. weapons when French or European alternatives exist.
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As Europeans we have spent trillions on buying American defence products and buying American debt.
While China has been divesting from US debt, the UK and other European countries have been picking up the slack and now own more than 2 trillion of US debt.
I think we have to seriously stop subsidizing the USA and start investing in ourselves.
https://en.macromicro.me/charts/81306/top-10-countries-holding-us-debt
He is not wrong.
