Zero Hedge: These Are The World’s Top 40 Largest Military Budgets
In the final year of World War II, the U.S. spent about 38% of its GDP on its military.
When adjusted for inflation, the military budget over those four years of war came to a staggering $4.1 trillion in 2020 dollars.
And as Visual Capitalist’s Pallave Rao and Joyce Ma detail below, almost 80 years later, modern day military spending isn’t much of a far cry from World War II budgets.
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WNU Editor: Here is an easy prediction. 2023 will break what was spent in 2022.