(Click on Image to Enlarge)A telling graphic from the International Institute for Strategic Studies's newly released report on global military spending (click here for the original).
The Military Imbalance: How The U.S. Outspends The World -- Aol Defense
The International Institute for Strategic Studies (IISS) has released its annual series of reports on international defense spending, The Military Balance 2012. The full text is subscriber-only, but a summary press release, detailed table of contents, and a very useful overview of one of the more interesting volumes, "Comparative Defence Statistics," are free online. The content of the comparative volume is important; it gives a view of the gigantic girth of the American defense budget.
First, however, to better appreciate what these figures reveal about the huge size of the US defense budget, a short discussion is needed about the caveats that some articulate to adjust the optics of the spending comparisons.
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My Comment: A very detailed and comprehensive look. The above graph says it all.
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