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Military spending resembles insurance to some extent--sure, the returns are normally terrible, but unexpected events that the spending covers are even more terr
by hx87 10y ago
Military spending resembles insurance to some extent--sure, the returns are normally terrible, but unexpected events that the spending covers are even more terrible.
- aninhumer 10y agoDon't forget all the events that don't happen because of your military spending. A country with a weak military could be an attractive target.