IBM
What are the economics of war?
What are the economics of war?
#economics #war
“CNBC International”
Last March, Thierry Breton, the EU’s commissioner for internal market, advocated for a shift of the European defense industry toward a war economy.
Europe is facing an “existential threat,” he said, as the Commission announced a new defense strategic plan, with a minimum of €1.5 billion ($1.6…
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“IBM famous for its data processing systems” – I think you forgot to mention their most profitable business unit😅
Why don’t cover America’s wars
If your country does not have a strong military and a decent military-industrial complex, one day you may wake up and learn that your country has been a part of historical Russia and Vlad is there to collect. 🤣
Seriously though, spending 3-4% of your GDP is not too much to ask especially in our current realities of Cold War 2.0. Preparation is the best prevention. Of course it would have been better if the tensions had melted and we grew to trust each other and build bridges but we live in a different timeline now. Sad but we are where we are. We cannot turn the time back, we gotta adapt to our reality and hope that in the future things will turn out for the better again. But it will take a few more decades for the pages of history to turn…
" 20 years of relative peace" lmao
Is everyone else getting the vibe we're being prepared as a society for a large global conflict?
I recommend Smedley Butler's "War is a racket" if you do.
Yeah Americans don’t support this
disgusting.
The elites and bankers are having $1000 steaks, whilst the rest of us fight amongst one another!!!
Sometimes you get new territory…
The war in general cost human lives that is great loss.
USA 🇺🇸 is a war economy. US Dollar 💵 as the global reserve currency helps run the economy. It is actively involved in war with one country or another either directly or by proxy. Its defence industry is the largest in the world. The same cannot be said for other countries as neither Euro 💶 nor Chinese Yuan are accepted as reserve currencies due to the SWIFT Banking System.
Watching this you’d think nobody dies in war.
BalanceSheet.
There is always money in war 🤦
A misallocation of means
Guns and Butter is the trend for decades since it is easier to increase debts than to ask citizens to make sacrifices.
It costs 11 dollars to give a soldier a box of bubble gum.