MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Military Spending’

a-liberal-because…

Posted by M. C. on October 12, 2019

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Russia Drops Out of Top Five in Global Military Spending – News From Antiwar.com

Posted by M. C. on April 30, 2019

https://news.antiwar.com/2019/04/29/russia-drops-out-of-top-five-in-global-military-spending/

The latest Stockholm International Peace Research Institute (SIPRI) data on global military spending showed a surprising shift, as while the US remained predictably far ahead of everyone else, the Russian Federation has fallen completely out of the top five.

This wasn’t expected, but also shouldn’t be a huge shock. Despite the US hyping Russia as a threat for decades, Russia hasn’t spent deeply on its military in years, and drawing down from Syria, they don’t have much costly overseas engagement.

By contrast, after the usual top two of the US and China, of which US is by far spending the most, third is Saudi Arabia, which has been spending about 10% of their GDP annually on the military since invading Yemen. Fourth on the list is India, which is spending heavily to gear up for confrontations against Pakistan as well as China…

NATO

 

 

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Rand Paul, Fiscal Hypocrisy and Military Spending-Is There a Method to the Madness?

Posted by M. C. on February 9, 2018

We were having a light hearted on Rand Paul’s fiscal hypocrisy/government shutdown comments. I mentioned the only way out of the debt crisis was reneging on all the debt.

A colleague mentioned that is a good reason to keep up the military spending, we would need it. Think China and Russia.

Reneging is not an unheard of debt solution. Is this a scenario in the deep, dark, dank, decaying recesses of the pentagram, CIA and the CIA branch office-congress?

Be seeing you

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