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The Board · Verdict CardMar 17, 2026
Defense & Security
NATO Defense Spending 2026: Can Europe Afford the 5% Target?
NATO raised its target to 5% of GDP by 2035. Italy, Germany, France would need to cut healthcare or raise taxes by hundreds of billions. The math is brutal.
Risk
medium
Confidence
75%
Depth
2,204
Read
9 min
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