The United States, NATO, PRC and Japan are all in that category and have military forces that can act on it. An indication of how threatened Russia feels by this would be that the Russians have been openly hinting of a presence in the Western Hemisphere. That is a huge strategic geopolitical no no that the Russians are all too familiar with. Russians historically only act out this way when they perceive a threat.The wolf?
Who is this wolf which is threatening Russia's territory to any degree?
It is very hard to directly PPP due to socialistic nature of USSR - most vital services were either completely free (medicine, lodging/apartments, education, some entertainment) or so heavy subsidized it could be considered nearly free - partially tourism, sport, some kinds of food, etc.How about in PPP to modern dollars? Anyone here an econ major to translate that for us?
It is very hard to directly PPP due to socialistic nature of USSR - most vital services were either completely free (medicine, lodging/apartments, education, some entertainment) or so heavy subsidized it could be considered nearly free - partially tourism, sport, some kinds of food, etc.
Still, depending on computing method, 320 billions $ in 1988 ~ 700-800 billions $ now. Just keep in mind, these 320 billions which allegedly USSR spend in 1988 is also very doubtful figure, most likely having little touch with reality. More conservative estimation, based on actual USSR archive data, is about 5-6% of USSR GDP, or ~ 150 billions in 1985 dollars. Note, this share remains nearly unchanged since 70x, so this defeats common myth about SDI program affecting USSR defense spending.
However, to this figure we should add some "reserve" and "double-purpose" civilian facilities which produced civilian good but were build with "military mobilization" possibility in mind. This of course negatively affected they economical effectivity. This is gray and almost completely unresearched USSR fenomen.
Are you joking? It was one of usual propaganda myths. Now researchers have actual archive data and have pretty good estimation of USSR GDP and defense spending. Also keep in mind, USSR / US GDP per capita and living standard index were constantly improving from 40x to 80x - i.e. USSR slowly catched up rich West. On average, in 80x USSR citizens already lived better than "2nd-grade" West countries like Italy or Spain.5-6% of USSR GDP? I thought it was more like 20-23% of USSR GDP?
Why not? Remember - compared to America USSR was still pretty poor, and USSR engineers always prioritized very practical and cost effective approach.And based on ur estimate that would be USSR's ~150 billions to US ~425 BIllion? That doesnt make sense.
Pretty much yes. Of course, 700-800 billions in PPP, that means 300-400 billions in natural $$.Adding to that, its much more cheaper to to R&D and produce something in USSR than it is in the west.
And MY GOD!!.. if the PPP is correct, Russia has to spend ~700-800 Billion on Defence in todays money to keep the Soviet Era Military capability? H** S***.
Yes. After cold war, America dramatically reduced defense spending. Iraq war and corresponding "war against terror" greatly raised military spending again, although probably still not up to cold war level.But Even the US is spending 600+ million on defence, and considering its much more cheaper in Russia than in US, does it mean there is a slowdown on defence spending by the US?
Why not? US already spend obsense amount of money on "national security" on the matters which were unthinkable even 10 years ago. Like checking everyone in airports for 3-inch scissors, confiscating electronic media from everyone on border, telephone tapping and spying on own citizens without court decision - all this currently do not add on military budget, but in fact nearly serve same purpose of national security.Hence had the Soviet Union survived to this day, the US military spending would have breached $1 Trillion!!
Doubt so. We shouldnt underestimate the economic burdens of such laws and government behavior. Generally, i have strong suspicion what recent US economic troubles take roots in that "national security" strengthing.It's still cheaper then having another couple of skyscrapers downed.
Don't forget the economic shock that followed it immediately. Cut down on travel, hysteria about terrorist attacks.GWOT is causing some of the economic problems-i.e. the massive increase in the budget deficit under Bush since 9/11.
Feanor, in cash terms it is cheaper to lose the Skyscrapers in a Terrorist attack-but the human cost is even more intolerable. And I would not call invading Iraq part of the GWOT! (But going any further is too political).
That hysteria was exactly used (and later maintained!) by US government to tighten "national security", gain much more power, issue laws which violate human rights, attack innocent (at least in 9/11) countries, etc.Cut down on travel, hysteria about terrorist attacks.
I dont think so mate, the spending behaviour of the credit sector and lack of adequate regulation had a hell of a lot more to do with the US's financial woes than the Patriot act. In that case it was private institutions (which funnily enough it usually is in free market economies) and a lack of or bad regulation/law that allowed the sub prime morguage market to implode, not larger draconian laws. National defence spemnding had stuff all to do with it. In that case most of the spending acts as an economic stimulous because all of the money goes to americans/ US corporations.Doubt so. We shouldnt underestimate the economic burdens of such laws and government behavior. Generally, i have strong suspicion what recent US economic troubles take roots in that "national security" strengthing.
Thats too, but as i said - we shouldnt underestimate economic burdens of GOAT, GW2, Patriotic act and likes. At very least they greatly amplified the "behaviour of the credit sector and lack of adequate regulation" problem.I dont think so mate, the spending behaviour of the credit sector and lack of adequate regulation had a hell of a lot more to do with the US's financial woes than the Patriot act. In that case it was private institutions (which funnily enough it usually is in free market economies) and a lack of or bad regulation/law that allowed the sub prime morguage market to implode, not larger draconian laws. National defence spemnding had stuff all to do with it. In that case most of the spending acts as an economic stimulous because all of the money goes to americans/ US corporations.
Agree. We'll see how it turns out.The post 911 hysteria was the driveing factor behind legislation like the partiot act, and it is reminicent of the dark MaCarthy days (notably in the rantings of men like Bill O'riely). Time will pass and the wounds will start to heal, and (unconsititutional IMO) legislation like the patriot act will be repealed. We passed a similar act in my country (much less extreeme) which was due to the similar mood, hopefully things will change here too.
I just saw an interview of the Indian Navy's chief yesterday, he made a very good point :If Russia could continue on the path of economic growth it is having right now, and reduce/stop the brain drain and improve its living conditions, its military could improve a great deal in 20-30 years, and those carrier projects would be a reality.