Is The U.S. Losing The Arms Race To Russia And China?

REUTERS/Valentyn Ogirenk

Here’s Proof We’re Losing The Arms Race To Russia And China -- David Francis, Fiscal Times

The United States still has the largest defense budget in the world, some three times more than China’s and over $500 billion more than Russia’s – and it will have the largest for years to come. The nature of spending in each country, however, gives Russia and China an advantage over the United States in a brewing global arms race.

U.S. defense spending went up dramatically during the war on terror, but barring any dramatic strategy shifts, DOD spending is set to go down some $600 billion in the next decade. The chart below illustrates the trend. - See more at: http://www.thefiscaltimes.com/Articles/2014/09/16/Here-s-Proof-We-re-Losing-Arms-Race-Russia-and-China#sthash.YdqWHamG.dpuf

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My Comment: The trend reveals a growing Russia - China military capability .... but will Russia and China continue to spend the monies that they have been spending in the past decade .... and is this spending sustainable .... on these questions I have my doubts.