Can the West build up its armed forces on the cheap?

A world a boom in defence spending is under way. Roused from their complacency by Russia’s invasion of Ukraine and China’s designs on Taiwan, the 24 of 31 members that do not meet the club’s 2%-of- defence-budget target have promised to make good. China’s own military spending grew by 4.2% in real…#ukraine #taiwan #sovietunion #williambaumol #lockheed #unclesams #western #southchinasea #iranian #economist
Source: Reuters: Health - Category: Consumer Health News Source Type: news