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2025-02-23 22:20:59

Emeritus Prof Christopher May on Nostr: Its not just commentators talking about Military Keynsianism (see earlier post), in ...

Its not just commentators talking about Military Keynsianism (see earlier post), in the last six weeks BAE Systems - Europe's largest arms manufacturer & sixth largest in the world (the top five are American) - has seen its share price rise by around 40%; Thales (a French arms firm) has seen its shares rise by 20% in the same period.

'investors' (speculators?) have heard the commentary & think Govts will be ramping up defence spending after Trump's declarations on NATO.

#security #arms
h/t FT
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