Helmut Schmidt: $1.02 Trillion NATO budget enough already
Lord Grey was Britain's FM in 1914. His belief was that the pre-war arms race was the cause of the 'Great War'. Whilst many scholars would argue against this mono-causal theory, it's apparent that arms races promote war in that they shift the military balance.
The Ukraine crisis reverberating across Europe recalls 1914 before the outbreak of World War I as Russia, the U.S. and European governments risk sleepwalking into conflict, said former German Chancellor Helmut Schmidt.
“I don’t want to encourage a third world war and especially not calls for more money for arms for NATO,” Schmidt, 95, was cited as saying in an interview with Germany’s best-selling Bild newspaper today. “But the danger that the situation intensifies as in 1914 is growing day by day.” Link