GrimeOfTheAncients
GrimeOfTheAncients t1_j26c1by wrote
Reply to comment by Suspicious-Feeling-1 in [OC] Defence budgets around the world by giteam
There is an applicable term here... "Opportunity Cost" what is the cost of lost opportunities to advance peaceful technologies?
GrimeOfTheAncients t1_j21whrz wrote
Reply to comment by Suspicious-Feeling-1 in [OC] Defence budgets around the world by giteam
GDP is generally regarded as a "more is better, everyone benefits, the economy thrives" thing.
Military Expenditure is black hole into which you pour money and misery emerges.
GrimeOfTheAncients t1_j20khwi wrote
Reply to comment by ferrel_hadley in [OC] Defence budgets around the world by giteam
There is a twist.... Military Expenditure contributes to GDP.
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I know, weird, not the way I'd do it... but economists aren't ordinary people.
GrimeOfTheAncients t1_j08m61s wrote
Reply to comment by MyaheeMyastone in [OC] World collective security arrangements for the United States, China, and Russia, with each's share of world GDP. by MST3KTFCCTRT
Good old propaganda cool aid that line....
I bet you're talking about Europe vs the Big Bad Russian Bear right?
https://en.wikipedia.org/wiki/List_of_countries_by_military_expenditures
UK alone is spending more than the Big Bad Bear. France and Germany combined dwarfs the Big Bad Bear's expenditure.
Look at graph 5 of https://www.nato.int/nato_static_fl2014/assets/pdf/2022/3/pdf/220331-def-exp-2021-en.PDF
It's clear that NATO allies expenditure is disproportionately large compared to the threat it's facing.
GrimeOfTheAncients t1_j05nyz6 wrote
Reply to [OC] World collective security arrangements for the United States, China, and Russia, with each's share of world GDP. by MST3KTFCCTRT
It's a bit of a self fulfilling prophecy thoug.... expenditure on military bizarrely enough contributes to GDP.
So the USA pumps trillions into it's military industrial complex which shows up as a marvelous gdp whilst many of it's citizens are homeless and without medical care.
GrimeOfTheAncients t1_j26ccz2 wrote
Reply to comment by 77Gumption77 in [OC] Defence budgets around the world by giteam
Once the US stops bombing the rest of the planet into peace, they'll commence their Next Grand Plan... Fucking for Virginity.