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> Yet somehow they have built up more infrastructure in a year then we did in decades We spend most on military, social security and medicare. China doesn't.
by RealGeek 10y ago
> Yet somehow they have built up more infrastructure in a year then we did in decades
We spend most on military, social security and medicare. China doesn't.
- mememachine 10y agoI think our spending on social security and medicare is certainly a problem. Don't know much about military spending though.
- RealGeek 10y agoUS Government spending: https://lh5.googleusercontent.com/Rv5UHrNsvcucvflDwwz_pqEjjHnbQeE_HoAgEM44mGOwutlLCyMopUBTlKW_j1krJ775qI5DGZLYlEB8z7I3mD5BllP27Iq4URRWPE-vV3hfqv4wYgLtmDm3D_Z_hAlEMc-s1yA https://lh5.googleusercontent.com/Rv5UHrNsvcucvflDwwz_pqEjjH...
- qaq 10y agoHaving dominant military is a key component is having USD as world's dominant currency which in turn drives about 30-40% of our GDP, so even aside from security aspect it's a very good investment.