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On the other hand the US is running a large deficit and has a large debt - >120% of GDP - so that spend is in part other people's money. With the foreign count
by DrScientist 2y ago
On the other hand the US is running a large deficit and has a large debt - >120% of GDP - so that spend is in part other people's money.
With the foreign countries holding the most US debt being Japan, China, UK, Luxembourg and Canada.
I would also point out that you could view US bases in places like Japan or Chagos Islands as 'subsidising' local defence or it could be viewed as simple occupation.