While we previously noted the relative stability (but absolute surge) in US military spending over the past few decades [3], the scale of what the world's peace-keeping, red-line enforcing, hypocrisy-packed nation spends in context to the rest of the world...
[4]
Source: AFP
We previously put the US military budget in context over time [3]...
[5]
And unless we get some serious military conflict to blame a reflation on, and if U.S. military spending were to revert to its 2000 level over the next five years, as President Obama had proposed [6], and the rest of the world were to continue spending the same portion of its GDP on the military, U.S. military spending as a share of the global total would decline sharply, to just under 30 percent.
