Happiness is a warm military-industrial complex.
June 14, 2006 12:19 AM Subscribe
According to the Stockholm International Peace Research Institute, military spending for 2005 increased by 3.4% from 2004, and now tops US$1.12 trillion. Spending has however declined as a proportion of gross world product, from 2.6% to 2.5%. Naturally, the USA is No. 1 all the way, with 48% of total expenditure. China is in the top five with a bullet , although their guns are different, apparently, because they 'promote peace and stability'.
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