The War on Terror, regular upgrades to weapons systems and the ongoing competition with China and Russia all fuel this massive spending spree. Indeed, many nations on this planet have some sort of military rivalry with a neighbor which fuels spending and development of large armed forces.
The USA spends around $600 billion a year on its military. Not only is that three to four times more than the next closest spender – China – that’s also more than the next several highest spenders added together
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