Archive for October 8th, 2008

Problems In Military

Wednesday, October 8th, 2008

The world military spending got reduced since the cold war ended but there are exceptions like the US retains a high level spending. Global military expenditure has increased in recent years and now comparable to cold war levels again with the recent data showing global spending at over a trillion annually. The US is the highest military spender accounting for under half of the worlds spending than the rest of the countries.