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NATO's new 5% spending target - US pressure, rearmament, loopholes and Russia's dilemma

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  1. l_one
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    Description copied from Perun's page on YouTube. Links do not copy properly, if you wish to click through to sourcing please use links on the YouTube description page. ... Before Russia's 2022...

    Description copied from Perun's page on YouTube. Links do not copy properly, if you wish to click through to sourcing please use links on the YouTube description page.

    ...

    Before Russia's 2022 invasion, many NATO states spent less than 2% of GDP on defence. In the last few weeks, those same states agreed to more than double that target to 5%...kind of.

    In this episode, I look a little deeper into what the allies actually agreed at the June NATO summit and what it might mean for the future of the Alliance, Russia, and U.S. - EU relations.

    Patreon:
    / perunau

    Reading and Sourcing:

    The Hague Summit Declaration:
    https://www.nato.int/cps/en/natohq/of...

    NATO's role in capability development
    https://www.nato.int/cps/en/natohq/to...

    NATO agrees new capability targets
    https://www.nato.int/cps/en/natohq/ne...

    Defence Expenditures and NATO's 5% commitment
    https://www.nato.int/cps/en/natohq/to...

    Unless otherwise noted, Military Purchasing Power Parity Multipliers per
    https://militaryppp.com/blog/ &
    Robertson, Peter .E., (2022). The real military balance: International comparisons of defense spending. Review of Income and Wealth, 68(3), pp.797-818

    European Defence White Paper 2030
    https://www.eeas.europa.eu/eeas/white...

    Reporting on Spain and the 5% target
    https://apnews.com/article/donald-tru...

    NATO Pipeline System
    https://www.nato.int/cps/en/natohq/to...

    Eurobarometer data
    https://europa.eu/eurobarometer/surve...

    Kiel Institute Ukraine Support tracker
    https://www.ifw-kiel.de/topics/war-ag...

    Headline on Russian defence spending overtaking Europe
    https://www.politico.eu/article/russi...

    Germany embracing the 'Danish model' of Ukraine support
    https://www.pravda.com.ua/eng/news/20...

    German planned long term ammunition order
    https://militarnyi.com/en/news/german...

    Trump reportedly questioning whether the US should be bound by NATO spending targets
    https://www.barrons.com/news/trump-sa...

    Graph of Russian military spending ramp up per Pavel Luzin
    https://cepa.org/article/russias-year...

    Featured or relevant coverage:
    https://www.theguardian.com/us-news/2...

    https://www.bbc.com/news/world-us-can...

    https://www.bbc.com/news/articles/cj4...

    https://apnews.com/article/ukraine-us...

    https://www.politico.eu/article/repor...

    https://www.airandspaceforces.com/nat...

    https://www.forbes.com/sites/siladity...

    https://www.theguardian.com/us-news/b...

    https://www.politico.eu/article/italy...

    https://www.aljazeera.com/economy/202...

    https://www.theguardian.com/world/202...

    https://www.reuters.com/business/medi...

    https://thediplomat.com/2025/01/the-u...

    https://thediplomat.com/2025/01/the-u...

    Caveats & Comments:

    All normal caveats and comments apply. In particular – I would like to note as always that this material has been created for entertainment purposes and is not intended to be a complete or comprehensive examination of the topic in question and should not be relied upon to inform financial or other similar decisions.

    Any content relating to the conduct, views, activities or any aspect of any person or character in this video is included for entertainment purposes and does not represent an assertion of fact on those matters or any matters in relation to that person or character.

    Care has been taken in compiling data, quotes, and other inputs from various sources but errors can occur. Quotes and included data should be
    considered illustrative, not definitive and their veracity should not be relied on.

    Timestamps:
    00:00 — Opening Words
    00:57 — What Am I Talking About?
    03:10 — Tensions & the 5% Figure
    07:51 — the Summit and Formula
    11:16 — That Does This Mean?
    17:55 — Ukraine and This Agreement
    22:51 — Mobility and Soft Spending
    33:50 — Unambiguous Winners and Losers
    38:12 — European Outlook
    45:40 — the US Play
    52:23 — So What?
    53:22 — Channel Update

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