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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: grusum who wrote (687919)	7/20/2019 8:03:14 AM
From: skinowski	Read Replies (1) \| Respond to of 793885

Agree. We have many examples of nations with relatively strong militaries - and even with nuclear weapons - and lousy economies and currencies. Russia/former USSR... Pakistan, North Korea. Iranian regime seems to be willing to sacrifice and risk everything in order to become a “great power”. OTOH, Iceland, which spends on Defence 0.1% of their GDP (which is probably close to $55K per capita) is a free, comfy nation. Actually, in their case the GDP probably underestimates their real wealth, since about 90% of their energy needs are supplied by their abundant geothermal sources.