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Is It THAT Much?
Porkopolis Economics: Episode 163
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Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Did you know the US military spending over the past 20 years equals the combined military budgets of the next seven biggest spenders? In this episode, we dive deep into the world's military expenditures!
The numbers tell a compelling story: The US leads with a staggering $13.8 trillion, while China follows at $3.3 trillion. Despite its aggressive posturing, NATO's Western European allies contribute $3.2 trillion, and Russia has spent $1.3 trillion - roughly equivalent to the UK's investment.
Contents:
00:00:00 - Military Spending of Major Nations
00:02:37 - China's Military Spending Surpasses NATO Europe
00:05:00 - NATO Spending Disparity: The Divide Between West and East
00:06:30 - Military Spending of Major Powers
00:08:35 - Military Spending Comparisons: Taiwan, Ukraine, and Russia
00:10:37 - Finland's Massive Military Reserve and Bitcoin-Backed Lending
00:12:01 - The Importance of NATO Protection for Eastern Europe
00:13:41 - The Costly US Involvement in Afghanistan
Host: Matthew Mezinskis
https://porkopolis.io
Twitter: https://x.com/crypto_voices?lang=en
Show content is not investment or financial advice in any way.
#military #spending #MilitarySpending #GlobalSecurity #defensebudget #usa #russia
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