‘Too Much Money Invested in War’: US Defense Industry Drives Global Military Spending Spree
- ‘Too Much Money Invested in War’: US Defense Industry Drives Global Military Spending Spree
by https://www.rt.com/
Global military expenditures reached their peak in 2018, and the driving force behind this increase is the growing appetite of the US military-industrial complex rather than real threats, analysts say.
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The world spent $1.8 trillion on its military in 2018, the latest report by the acclaimed Stockholm International Peace Research Institute (SIPRI). The US and its NATO allies – the self-proclaimed defenders of freedom and democracy – account for more than half of this whopping amount. Washington’s other close friend Saudi Arabia is the third largest military spender, coming ahead of India.
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“A lot of this spending, particularly in the case of Saudi Arabia and India, is for political reasons,” Michael Maloof, a former senior security policy analyst at the Pentagon, told RT. New Delhi and Riyadh seek to “curry favor” with Washington by purchasing the US weapons in hope for concessions in other areas, he explained.
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Washington’s NATO allies have seen pressure from the US related to their military spending ever since Donald Trump came to power in the White House. Maloof believes it has less to do with security of the alliance and more with the interests of the US arms manufacturers.
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“A lot of that is aimed at trying to help the US defense industry to stay ahead [of their competitors] and hire more people,” he explained, adding that the issue of the military expenditures has a “clear economic dimension.”
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In its desire to sate the always-hungry domestic military industrial complex, the US risks escalating tensions on the international arena, analysts warn. Washington’s hawks typically justify the need for ever-increasing military expenditures with some perceived threats from Russia or China, portraying them as war mongers.
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“There is no good reason” for larger defense budgets, Ted Seay, a former US diplomat and senior policy consultant with the British American Security Information Council (BASIC), told RT. It is the West’s fear of the perceived ‘Russian threat’ that has in fact led to destabilization on the European continent, he noted.
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