Who pays the piper?
I, said John Bull.
Whoever plays the Fool,
I pay the piper!
For the past 80 years, whoever has “played the fool” on the world stage, it has been the United States that has paid the piper.
While MAGA supporters decline to accept that exercising the leadership of democracies has advanced American political and economic interests, most economists believe that dominance of NATO, and of its costs, hasn’t been a downside transactional burden for the US.
Yet even assuming this is true, what is for sure is that this era is ending. Europe is preparing for a new life, almost certainly further distanced from the US than at any time since Pearl Harbor in December 1941. Though it is likely to be many months before we know the detail — just how deep could become the strategic divide between the continents — the big picture is plain. If President-elect Donald Trump makes good on his promise to work with Russia’s Vladimir Putin to foreclose on Ukraine, the future for NATO and collective Western security is bleak.
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