Global Military Spending - NEWS ONLY

Thanks to the banks in 2008 the US national debt is 50% of GDP higher than it otherwise would be. They pay 5% interest on debt, so the US is wasting an extra 2.5% GDP just on interest payments, which is >$700bn.
hell yeah we got MMT bros in this forum

I think MMT is inevitable - as it gives an actionable path to weakening the US dollar as we re-arm for WW3 while "paying" for medicare.

Of course, a weak dollar means that probably 50-70% of Americans are worse off...
 


Not good. Whilst they've performed badly recently, I don't think having less defence companies would be a benefit to competition.
 
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