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Trillions? Military industrial complex takes down the USA? Stop hyperventilating John Oliver’s talking points and look into the numbers. Each big military co
by FredPret 2y ago
Trillions?
Military industrial complex takes down the USA?
Stop hyperventilating John Oliver’s talking points and look into the numbers.
Each big military contractor is a public company. You can read their detailed financial reports online, for free, right now.
The big ones range from 50B-120B each. At best they all add up to about 1T - absolutely nothing compared to total US wealth.
- shrimp_emoji 2y agoNothing compared to Apple or Nvidia.
- lupusreal 2y agoThat doesn't include their innumerable contractors and suppliers, spread out across the country. In many cases these are the major employers in that region and their collapse would trigger the collapse of that whole local economy. The economic harm of the big MIC companies going kaput would be immense.
- JumpCrisscross 2y ago> their collapse would trigger the collapse of that whole local economy Yes, but why would they collapse? General Motors also had a web of suppliers when it went bankrupt. Preserving the value of a struggling company while it reörganises is why we invented modern bankruptcy.