Godfrey6428h ago

AUKUS
The dead duck.
This outstanding article 👇says everything and more about just how badly Aus govt has been played for utter fools.

All that money down the American drain. Its probably gone to Trump for missiles and his fcking ballroom, when we need it here for housing, hospitals, wiping HECS, aged care, NDIS, govt schools, building rail networks and oh yes green tech to disinvestment from oil.

https://www.theguardian.com/world/2026/mar/20/the-weakest-link-australias-submarine-hopes-depend-on-the-uk-but-britannia-no-longer-rules-the-waves

#AUKUS
#Albanesegovernment
#australiangreens
#greentech
#NuclearFree
#militaryexpenditure
#dumpaukus
#aukusisbullshit

The weakest link: Australia’s submarine hopes depend on the UK, but Britannia no longer rules the waves

If the US is unable to provide Virginia-class submarines and the UK’s timeline to build the Aukus class falters, Australia could be left with nothing

The Guardian
Red Global NewsMar 12
The Pentagon has reported to Congress that the initial week of military operations against Iran incurred expenses of $11.3 billion. #MilitaryExpenditure #IranConflict
Red Global NewsMar 8
The first week of the Iran conflict cost the U.S. approximately $6 billion, with around $4 billion allocated to munitions and missile defense systems. #IranConflict #MilitaryExpenditure
Kyiv Independent Daily HeadlinesJun 28, 2025

Saturday, June 28, 2025

Ukrainian drones strike 4 fighter jets in Russia’s Volgograd Oblast — [vlog/video] Warfare in Ukraine has changed… again — Clashes ongoing in eastern Ukrainian village near lithium deposits, as military rejects claims of Russian capture — Ukrainian manufacturers able to produce 4 million drones per year — North Korea deployed 20% of Kim’s elite ‘personal reserve’ to fight against Ukraine in Russia … and more

https://activitypub.writeworks.uk/2025/06/saturday-june-28-2025/

JensJun 28, 2025
About #NATO and their spending of 5% of #GDP. Is all insane. Is 5% meaning a 5% stronger military force? Nope. Every country are going to spend to achieve 5% goal instead of investing in the right gear to get a 5% Steiner force. Once again, what you measure vill give you either inflation and money that goes into wrong pockets or a better, stronger military force.
Why have spending as a goal in the first place?
#economy #MilitaryExpenditure #investments
Headlines AfricaApr 28, 2025
Global military expenditure tops $2.7 trillion in 2024 - Report http://newsfeed.facilit8.network/TKQPkf #MilitaryExpenditure #GlobalSpending #DefenseBudget #MilitaryInvestments #UnitedStates
Desarma MadridApr 28, 2025

🔴 Aumento sin precedentes del #GastoMilitarMundial 🔴

📢 📢 "Alcanzó los 2️⃣,7️⃣1️⃣8️⃣ billones de dólares en 2024, un aumento del 9️⃣,4️⃣ % en términos reales con respecto a 2023 y el mayor incremento interanual"

#GastosMilitaresParaFinesSociales
#NOalRearme
#GDAMS25
#MilitaryExpenditure
#SIPRI

Más información ⤵️
https://www.sipri.org/media/press-release/2025/unprecedented-rise-global-military-expenditure-european-and-middle-east-spending-surges

Unprecedented rise in global military expenditure as European and Middle East spending surges

(Stockholm, 28 April 2025) World military expenditure reached $2718 billion in 2024, an increase of 9.4 per cent in real terms from 2023 and the steepest year-on-year rise since at least the end of the cold war.

SIPRI
P'tit TôlierMar 8, 2025

"800 billion for war, and for the rest?"
The EU has just approved a military budget of 800 billion. Meanwhile, the budget for health, education and ecological transition is struggling to keep up...
War or prosperity? The question is no longer economic, but philosophical.
Read here
#Geopolitics #EU #MilitaryExpenditure #PoliticalPhilosophy
#war#warukraine
#ursulavonderleyen

https://medium.com/@ptit.tolier/the-recent-announcement-by-the-european-union-concerning-the-allocation-of-800-billion-euros-b08e0a9fdbd2

The recent announcement by the European Union concerning the allocation of 800 billion euros

This decision, taken in a global context already marked by geopolitical tensions and socio-economic challenges, deserves a thorough analysis. Would it not be wise to question the appropriateness of…

Medium
Mojo ♻️Mar 4, 2025

The world's 15 largest defence budgets

#DefenceSpending #MilitaryBudget #GlobalDefence #MilitaryPower #Geopolitics #DefenceEconomy #GlobalSecurity #MilitaryExpenditure #DefencePolicy #GlobalAffairs #NationalSecurity #MilitaryStrategy #DefenceIndustry #MilitaryFinance #WorldPolitics

Donald RoyFeb 16, 2025
There have been changes over my professional life in the treatment of #militaryspending in the system of national accounts. Originally it was regarded as collective/government #consumption and thus current expenditure. At some stage - I think in the 1990s - much of it was reclassified as #investment . This attracted less attention than the inclusion of some illegal activity which occurred at the same time. Classifying some #militaryexpenditure as investment could justify borrowing to do so !