Trump Demands a NATO Defense Spending Step Up – July 15, 2018

According to Article 5 of the NATO treaty, members are expected to spend 2% of their GDP on defense. Only six of the current members actually hit that target:  The U.S., then…Greece, Estonia, the U.K., Romania, and Poland do so today.  So the only impactful spending is coming from the US and the UK. Wes discusses the global growth industry of aerospace and defense. Calls include the “big account good, little account bad” conundrum.

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