Global military spending surges amid war, rising tensions and insecurity

cross-posted from: https://lemmygrad.ml/post/4355006

Some key takeaways:

• NATO represents 55% of the global military spending, while only representing ~20% of the global population.
• An increase in military budget comes with a decreases of budget in education, healthcare, etc which will inevitably lead to worsening of living conditions.
• Saudi Arabia and Israel continue being the largest military spenders in the Middle East.
• 37% of Ukraine total GDP goes to military spending.