SWIFT sits in Belgium, why would anyone in Europe need to switch away from it? Is the US able to handle their (international) financial transactions without access to SWIFT?
The financial market being significantly smaller, sure, but will it stay like that?
Quickly summing up total spending of the European countries on this list, the Europeans seem to spend about half of what the US spends on the military, quite a lot more than I expected. [https://en.wikipedia.org/wiki/List_of_countries_with_highest...]
