TheBalticWord
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In 2023 Lithuania’s national defence budget will reach 2.52 percent of GDP and even more if a necessity arises to further increase defence spending.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Lithuanian spending to defense is totally worthless if anything real big happen. Same with Estonia, Latvia and ALL Scandinavian countries + Finland. The ONLYONES winning from that brainless spending are MILITARY INDUSTRIAL COMPLEX (MIC) companies. The term military-industrial complex (MIC) refers to the combination of the U.S. armed forces, its arms industry, and the associated political and commercial interests that grew rapidly in scale and influence in the wake of World War II and throughout the Cold War to the present. WHO OWNS IN USA 6 OF 10 WORLD LARGEST MIC ? Lockheed Martin Corp. (LMT) – HIMAR “Wonder weapons”… Read more »
Good information about the MIC. Nowadays I suppose we would want to include the Intelligence Agencies (CIA, M16, etc) as crucial players in the groups who want to keep the world stirred up and fighting so they can get their Bloated Budgets approved,
Lithuania needs to put itself under the Russian Umbrella.
Tell America, the EU, and NATO to take a hike.