That would lead European Union to make its own army, within 10-20 years they would make army so big and powerful that it would dwarf any other army in the world. US is a world superpower because Europe is fine with it, not because it is something US decides.
I doubt we'd be fine with the necessary increase in expenditure needed to overtake the US.
2012 expenditure:
$689bn United States ($682bn in 2013)
$272bn EU (combined)
$129bn China ($166bn in 2013)
$ 64bn Russia ($90bn in 2013)
Edit: make it easier to read.
Re-edit: sources were for different years.
Last edited by Kalis; 2013-06-22 at 11:31 AM.
I think it would be good for us to isolate ourselves somewhat, at least until we get our crap together. It may not be good for our allies, though.
That they could do it, doesn't mean that they would do it.
I think the rest of the EU would have issues with Germany spending huge amounts on their military - at the moment they spend about $45bn, compared to the UK and France with about $60bn each.
Edit: I'm not sure that Germany could do it on any practical level - to get to 70% of US spending they'd need to increase GDP spend on the military from the current 1.5% ish to around 15%. For comparison, the US spends about 4.5%, Russia about the same, and (with the exception of Saudi Arabia), every other country in the top 15 spends between 1.5-2.5%.
Last edited by Kalis; 2013-06-22 at 11:47 AM.
For the world as a whole it would be good, for America not so good.
Without strong military presence you cannot say print out money in mass and not have your currency go to shit.
The leach that is the dollar would no longer sustain its artificial value.
Short term that would suck balls for Usa, long term I think it would be rather healthy (a weak dollar will greatly benefit American industry).
It would be impossible, as USA economy is built upon ravaging the third-world countries. It is impossible to do without military threat.
Well, that's another topic. Cultural differences in Europe have always been a problem, but I think Europe has a capacity today to overcome that challenge if need be. I am very sure that EU has a contingency plan if something like this happened. Fact is EU could transform itself very quickly into a huge army state if it was threatened somehow. You can rest assured EU will not allow to be devastated again like it has been in WWII.
No, because it would cause this:
http://en.wikipedia.org/wiki/Samson_Option
ah, the age-old question.
Would being more like North Korea be good for America.
I do not think so.
People keep talking about China. as a major player. Fact is if it came to a war with japan. they would loose big time.
And they know it.
Same with would prolly happen against south korea.