When will the huge spending deficit of the US have most impacts?

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Martin Signer activities: Managing Director, IR, test, Testing, Testing, Participant, Partner, Media partner, Media partner, Event manager, Events, Tester, Event listing, Tester, IR, IR, Test, Managing Director, IR, IR, IR, IR Partner

Dec 30, 2019

The annual US-deficit is around $1Tr, e.g. around $3,000 per capita.

The U.S. military spending is greater than those of the next 10 largest government expenditures combined. It's four times greater than China's military budget, and 10 times bigger than Russia's defense spending. It's difficult to reduce the budget deficit without cutting U.S. defense spending.

It's easy to see here and here that these investments are not really in the interest of the society, also when women dominate this industry.

These huge overspendings - not only in the U.S. - lead to a debt crisis and unhealthy capital allocation with the low-interest rates (politicians/central bankers want to please the stock markets).

 


Pavel Forostovskiy activities: Real estate agent
Pavel Forostovskiy
Jan 14, 2020 02:02pm

Real estate agent in Russia (Moscow) WhatsApp: +79660590707

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