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During the cold war the US needed markets in Western Europe. Countries like Germany were literally supposed to stop communist armies until the US troops arrive
by tw1231656 2y ago
During the cold war the US needed markets in Western Europe. Countries like Germany were literally supposed to stop communist armies until the US troops arrive and possible get nuked in the process.
That does not sound like a win at all, except for the US.
Furthermore, without US military spending and protection claims, the dollar would collapse.