Atilla
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Investing in powerful weapons has kept Europe safe from Soviet invasion and keeps Putin's Russia at bay. A positive (unintended) side-effect of the Cold War arms race was the economic deterioration of the USSR and its bloc, and this played a part in the collapse of Soviet communist system and the liberation of Russian and eastern European citizens from Soviet autocracy.
The arms produced by the west has also enabled us to bolster the west's allies in various regions of the world to enable them to maintain their safety and freedom from aggressive and particularly totalitarian neighbouring regimes.
Rubbish.
There are many countries with not many powerful weapons at all.
Simply that there are offensive power hungry and countries with colonial ambitions who wish to pursue their old ways to stay on top instead of working hard like everyone else.