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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (503)5/13/1998 11:59:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Military Spedning-TOP 30 LIST

Peter,

I don't know the current figures but here is something I found which
might be of interest.The data is from 1993 and should give an idea.

infomanage.com

We all would be better off with less military spending, the U.S. as much as India. But the U.S., to a substantial degree, is a force behind worldwide military build-up.

Very ture and applicable in the sub-continent considering Pakistan's Air Force is flying F-16s and India's Russian Migs and French Mirages. What I don't understand is then these 'powers' turn around and talk about 'world peace'-do you see a paradox somewhere here.It is all very amusing to say the least.



To: peter michaelson who wrote (503)5/13/1998 11:59:00 AM
From: tom  Read Replies (1) | Respond to of 12475
 
Defence spending is 2.8% of GDP in India (and rising I imagine if they get into an arms race with Pakistan). I don't know what the equivalent figure is in the US but I'm sure they can beat 3%! They spend $150bn/year keeping US troops in Europe so they can spend their time drinking beer and chasing girls. Apparently they don't even have enough bullets to fight a thirty day war. And what about sugar farmers etc etc