top of page
Search
snitzoid

US defense spending vs everyone else (one chart)

I don't suppose any US defense contractors are enthusiastic to be shipping massive amounts of Military Hardware to Ukraine. Nope. No money in that. The IMP thing is to fight for freedom, no matter what the cost. So long as the cost enriches the pockets of the brave men and women who run General Dynamics, Raytheon, Northrup Grumman, Lockheed etal. God bless you!


Eisenhower saw this coming before Vietnam, Iraq, Syria, Afghanistan...blah blah blah. Being the world's policeman is license to print money for some. For instance, the US bravely supported freedom in Afghanistan for 20 years at a reasonable cost of only $2.3 trillion before bravely exiting and turning the nation over to our good friends the Taliban.





The Finnish line


Yesterday, the Finnish flag was raised outside the NATO headquarters in Brussels as the nation officially became the 31st member of the defensive alliance. Despite adding less than 1% to the total population of NATO member countries, Finland’s admission is monumental as the country shares an 832-mile border with Russia — doubling the length of the border between NATO and its largest adversary.


Following Putin’s invasion last year, Finland’s swift application to join NATO marked a sharp departure from the Finnish public’s historical apathy towards joining, with 76% of Finns supportive of NATO membership by May 2022. That application became the fastest to be approved in the organization's history. Sweden’s application, however — which was submitted at the exact same time — is yet to receive the unanimous approval needed from all member states, as both Hungary and Turkey are blocking it.


Article 5 assurances


NATO was formed in 1949 with 12 founding members, including the US, UK, Canada and France, when leaders were fearful of Soviet expansion. Article 5 of the alliance’s charter — a collective agreement to treat an attack against one ally as an attack against all allies — is the key tenet of NATO.


For the threat of invoking Article 5 to be meaningful, NATO's guideline is that each member should spend at least 2% of its GDP on defense. Although just 7 of the members actually do so, the collective total still accounts for a whopping 56% of total global military expenditure — the US alone accounts for nearly 40%.

7 views0 comments

Recent Posts

See All

Inside the Four-Day Workweek Experiment

Results in conflict with the Spritlzer Report controlled work experiment. Arl Hts, Il. Last July a group of 1,000 Spritzler employees...

After the Fall of Syria’s Assad

Let's not declare victory just yet. Iran's government and support for it's terrorist proxies are funded by massive oil revenues...ergo...

Comments


Post: Blog2_Post
bottom of page