Fabien Hug

Economic Distress and Geopolitical Risks

The problem with military budgets is that when you buy all these toys you want to use them. One one side, I don't see a global threat neither from Russia nor from China. There is a effectively a risk that a future Pakistani launches an atomic bomb (let's use the toy) or that Russia gets nostalgic about Ukraine or anything else (Ukraine would not be fun since I think they still have the third atomic arsenal in the world courtesy of former UDSSR). However, a real threat like a Japan/Germany alliance with enough manpower and technology to threaten the States is out of the question.
Now, see how much is spent to control two military small countries like Irak and Afghanistan and you quickly see that it is useless to try to control the world. What will be will be and, in the meantime, keep your money close.