U.S. military slams ‘unsafe’ Russia fighter jet maneuver near Alaska
NBCOCT 2024
Irrespective of the war in Ukraine and whether it comes to a close or not, the latest budget shows that Russian Pres. Putin is seeking a form of military Keynesianism — excessive spending on defense in the hopes it will revive Russia's fledgling economy.
Russia's budget is well thought-through and takes into consideration all the needs of the state so that all sectors are adequately funded to meet their needs.
There's a 50% chance that at least 2.5% of world GDP will be spent on military expenses in 2030, according to the Metaculus prediction community.