Post
Topic
Board Economics
Re: Military complex and weapons and defence companies getting now all the money
by
icalical
on 30/09/2024, 06:16:05 UTC
Countries pay now for military companies like lockhead maartin and baes.
Imagine for example NATO countries pay for equipment now and later when those countries struggle financially they need to borrow money and they get money from the same companies who they pay now.
So why pay that money lol ....If they have to borrow the same money back later.
So it's like i steal your money and then i offering to you Im generous i give you with low rate loan lol 😁 your own money.
World is in money crisis only ones who got fat wallets of money will be military companies but they will not help.

The reality is there has been huge profits for the defense contractors-including Lockheed Martin in light of increased military spending. For instance, record military budgets are now recorded throughout NATO countries, with more than 20 members likely to meet their respective target of 2% of GDP for the defense budget. For one thing, this is not exactly the same money taken out and lent back, because military spending is another budget, and when countries take loans, they usually are from global financial institutions, not directly from the defense contractors.

But yes, you do have a point in that aspect of an increasing financial burden: growing military expenses because of conflicts like Ukraine; smaller economies may not be able to balance military spending with other priorities in terms of finance. It does not mean that the system is so contrived as to exploit these countries financially, but surely, choices have to be made that will pit security against financial stability.