Europe Rethinks Deterrence While US Sells It
The story focuses on the 'routine' nature of these nuclear exercises, with a nod to the 'added significance' of a potential US military scaling back. What Bloomberg conspicuously omits is the thriving defense industry that requires this constant 'rethinking' of deterrence. For example, Lockheed Martin—which manufactures components for NATO member nuclear forces and conventional arms—saw its stock
(LMT) jump over 20% in the last year alone, directly benefiting from heightened global tensions and the perceived need for more 'deterrence' across Europe. It’s hard to 'rethink' peace when unprecedented profits are made from preparing for war. So, as European leaders ponder 'deterrence,' perhaps they're also considering which defense contractor's lobbyists had the most convincing PowerPoint. How
many annual nuclear drills does it take before we question the profit motive behind 'routine' preparations for global annihilation? Or are we to believe this is all just a coincidence?