Global Military Balance Shifts as Economic Winter Hastens Europe’s Decline -- International business Times
An eventual shift in the global military balance is one of the inalienable fallouts of the economic winter experienced by the Western world. While military spending in the U.S., the reigning super power, is increasingly coming under the scanner, the extended defense holiday in Europe signals that the continent's global influence is on irreversible decline.
Even as the U.S. and Europe tend to spend less on military, China, serious contender for the superpower status, is ramping up spending. Russia is aggressive in its defense strategy despite the fact that a weary NATO looks a lesser threat than before.
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My Comment: The U.S. has such a huge military infrastructure lead that they will be the dominant player on the world scene for a very long time.