Putin’s Economic Solution: Military Spending – Bloomberg Business

June 25, 2015 at 6:30 pm Leave a comment

Putin’s Economic Solution: Military Spending – Bloomberg Business. The United States relies on it and it’s worked quite well. Take a look at LMT and how it’s doing (for instance). However, the hilarious part is “Putin, who warns of a threat from the West and the need for more self-sufficiency, has vowed to spend the full amount budgeted for the military. He’s already ended the Russian military’s purchases from abroad, so the army will buy only from Russian suppliers”, and ‘State-run defense contractors stand to benefit: … (Each tank costs about $4 million to $5 million to make. Mass production won’t start anytime soon.)’
Destroyers and planes run more, incidentally.

Entry filed under: current news, economic determinism, military news. Tags: , , , , .

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