[TrapLord_Rhodo]

serious question... How does that not help? The USD is a stable currency because we have f35's and the most powerful military in the world. How does Germany spending over the next 10 years, what we spend a year change that? Our ally is stronger because trump has been pressuring europe to invest more in military, why does that not increase our military capability now that our allies are a bit stronger?

[tobias3]

Previously we were spending on US weapons. E.g. F-35 or Patriots. We might phase that out. Your allies might not help you with the next Afghanistan.

Germanies foreign reserves are nearly all treasuries. We might (naturally) diversify away. By taking on a large amount of debt we will simultaneously create an alternative safe asset (bunds).

[surgical_fire]

Who are these allies you speak of?