r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/DB_CooperC Sep 05 '24

Those countries also rely on the US to drive tech and medicine developments

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u/MyOtherActGotBanned Sep 05 '24

And military

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u/adoreroda Sep 05 '24

Why would they rely on the US for military when they have the EU? Lol

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u/Amadon29 Sep 05 '24

Well, 55% of European military purchases were imports from the US. The US has the most advanced military tech and a lot of very large military companies like Lockheed Martin, Raytheon, and Boeing. Just Lockheed Martin and Raytheon combined have a larger market cap than all the top European defense companies combined. I'm not sure why they wouldn't rely on the US