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Comment by sarchertech

13 hours ago

In terms of PPP, China spends about 60% of what the US does. And looking at the trend over the last 15 years, that number will overtake the US fairly soon.

> Since the collapse of the USSR in 1990 its not clear to me why US spending on military continues to grow. It's not fear of attack; there is no threat to the US itself. It has to be a desire to project power and influence.

The exact same thing is true for China. They can’t be afraid of attack. They have the 3rd largest nuclear arsenal and the 2nd or 3rd most powerful military in the world. Yet they keep growing their military.

> The dismantling of USAid (or more accurately the manner of the dismantling) has destroyed 75 years of goodwill. Coupled with punitive tarifs (which are paid for by US consumers) they make the US an unreliable trade partner.

We have an idiot in the White House. Even when I (very rarely) agree with him on things like tariffs are useful for preventing foreign state sponsored companies from wiping out important domestic industries, he implements them in the most inept way possible.