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NEWS: World Military Spending Passes $1T, Nears Cold War Peak

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posted on Jun, 7 2005 @ 04:40 PM
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Global military spending topped the $1 trillion mark in 2004 with the United States accounting for nearly half of that figure, the Stockholm International Peace Research Institute's 2005 Yearbook reports. The global figure rose 5 percent to come just 6 percent shy of the 1987-88 Cold War peak. The top five spenders on military endeavors were the United States, Britain, France, Japan and China.
 



news.yahoo.com
"The major determinant of the world trend in military expenditure is the change in the United States."

U.S. military spending accounted for nearly half the global figure, rising 12 percent last year to $455 billion, the Swedish government-funded institute said.

That was more than the combined total of the 32 next most powerful nations, SIPRI said. The figure was set to rise still further to $502 billion in 2010.

Based on data for the past five years, Russia has overtaken the United States as the world's leading supplier of conventional weapons. Russia, the United States, Britain, France and Germany accounted for 81 percent of all conventional weapons delivered in 2000-2004.


Please visit the link provided for the complete story.


Well, no surprises here. If the War on Terrorism has been good for anybody, it's definitely been good for the weapons makers.

SIPRI's website can be viewed here:
www.sipri.org...

The 2005 Yearbook:
yearbook2005.sipri.org...

The relevant chapter on military expenditure:
yearbook2005.sipri.org...

Related News Links:
news.yahoo.com
www.abc.net.au
www.usatoday.com




posted on Jun, 7 2005 @ 05:40 PM
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Russia, the United States, Britain, France and Germany.

Isn't that interesting. look at those countries. Did they learn anything from 2 world wars other than how to become more efficient at killing?

If you add in the Iraq war supplement I bet the US accounted for about 55% of the worlds total spent on weapons.



posted on Jun, 8 2005 @ 04:57 AM
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And China is the threat for spending a 10th of what the United States does on its military



posted on Jun, 8 2005 @ 05:05 AM
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A Wise Man learns from His Mistakes - a Fool repeats them until His End.

Wow - Imagine what you can do with 1 Trillion Dollars...

But HEY - Lets invent and build More machines to Kill each other!

Thats a Smart Idea!

Evolution my A**!



posted on Jun, 8 2005 @ 12:57 PM
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If someone did attack your country and you had to defend/offence i think you will be glad that 1 Trillion is well spent

However, if we wern't gonna use it to smash eachother up i could think of a lot more "benifical" things the 1 Trillion could be used for



posted on Jun, 8 2005 @ 04:40 PM
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If you look at percentage increases, you can look to India and China as the big "winners" of this. India's been ramping up for a long time now, developing new MBT's and other armored units, in what used to be explained as a response to China's buildup. Now, it's the US that's the reason. In a few years, it'll be blamed on Britain or Germany or the EU buildup, if that ever gets off the ground.

Of course, when you look into military spending, how much of that is R&D, including grants to your favorite colleges? Or spending on all those bases in your particular state that you don't want closed? How much of that is benefits paid out to soldiers currently serving or retired? How much for security for foreign dignitaries and UN denizens? Does the momey sent for infrastructure rebuild in Iraq count as military spending? How about the pallets of cash sent to attept to buy off local warlords over there?

And my personal favorite, costs for Air Force One and other craft to fly administration officials (current and former) around so they can campaign for their Party and collect donations?

The other side of the coin-in the US there are thousands of watchdog groups looking over military spending and making sure the world knows everything that is spent. Which is a good thing. But other nations, if any, do not. If the members of the still-unformed EU will lie to each other about their GNP's, why would we expect them to be honest to the world about their military budgets? Much less trust the results from overtly hostile nations and various oil-soaked nations that simply buy their hardware and save a fortune in R&D.



posted on Jun, 8 2005 @ 04:46 PM
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How does that legend go? A young man asked his father one day of how to get rich. His father told him, "Find a way that lets Europeans kill each other off faster. Invent that and you'll be a millionaire".

So Henry Maxim invented the machine gun. Quickly adopted by Germany and utilized in combat, then the rest of Europe soon followed. Thus the trench hell of WWI was created. From there, the developement of armored tanks, and aircraft as reconnaisance, then bombers, and then a whole new combat arena, the sky.

America didn't invent armies, or military spending. The lesson we learned from two world wars is this:

"He who turns swords into plowshares, does the plowing for those who kept their swords".




Originally posted by Souljah
A Wise Man learns from His Mistakes - a Fool repeats them until His End.

Wow - Imagine what you can do with 1 Trillion Dollars...

But HEY - Lets invent and build More machines to Kill each other!

Thats a Smart Idea!

Evolution my A**!



posted on Jun, 8 2005 @ 06:59 PM
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Originally posted by subz
And China is the threat for spending a 10th of what the United States does on its military



It is quite strange when you think about it - what really justifies the US spending ten times more than their next closest 'competitior' - is this really neccercary? - Its tied in with the way Imperialism works (thats for certain) - In order to grow, the US needs more investors - to get more investors, the US needs more resources - to get more resources, the US needs more wars - to get more wars they need a bigger budget, to get a bigger budget they need more investors...

So it just goes around in this destructive cycle until the people begin to realise and/or feel the effects of this destructive cycle - thats when a revolution happeneds its called Scientific Socialism



posted on Jun, 8 2005 @ 09:08 PM
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Oh yeah Phugedaboudet, I see. The old maxim of "they did it first" that some how disavows the United States from any wrong doing. If you cant win on the "we are not evil, you are" argument you trot out the old "others have done it, so give us a break" argument.

All of which neatly sidesteps the right/wrong segment of the whole discussion.

You think Europe spending money on wars and killing by the millions 60+ years ago justifies whats carried out today? Well geewizz that should give carte blanch to one and all to kill whomever and do whatever they like!

Oh happy days



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