Part 4/11:
While Europe has ramped up its defense budgets, these efforts pale in comparison to Russia's military expenditures. Recent reports underscore a stark reality: although Europe’s total defense budget exceeds that of Russia, the latter’s military investments are escalating at an alarming rate. Furthermore, Russia's ability to produce military equipment at a cheaper cost skews comparisons when taking purchasing power into account. As Europe grapples with this imbalance, it encounters a disheartening trend of U.S. interest in European security waning, underscoring the necessity for Europe to reevaluate its position in global defense paradigms.