What threat? Do they have military bases off the coast of continental US? Do they have nuclear weapons or ICBMs? Be reasonable plz.
The big difference is whether a country has universal healthcare and education, or only healthcare and education for military servicemembers like citizens vs civilians in Starship Troopers.For military it's a combination of both, always use consumer PPP for personnel costs but for equipment it depends on the country. For a country that imports all its weapons from the West (e.g. Saudi) then use nominal for equipment. For a country like China then use PPPi for equipment. For India it would be a blend. Of course this omits R&D and military construction. Operations cost is I suspect mainly fuel so use nominal.
Am I incorrect for saying that if you account for inflation, cost of goods/services and labor, etc., then the Chinese military s̶p̶e̶n̶d̶i̶n̶g̶ funding in real numbers is higher than the US'? i.e. $2 in China can buy more than $5 in US.
it also helps that the PLA has access to the lions share of the rare earths of the world.In simple layman terms, yes, it seems apparent that the PLA gets a bigger bang for the buck for each $1 spent.
Those Pentagon audit reports are like completely whacko.
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Russia and China to collaborate on confronting US bioweapons activities.
Good. Please look into investigating Fort Detrick and the initial outbreaks of Covid in the US and Europe before it appeared in China.
If this disaster spreads from the Ohio River downstream to the Mississippi and contaminates the US breadbasket, China should blanket ban all agricultural imports from that region.
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Make them undergo inspection by Chinese authorities before selling in China. Good way to repay the US for their Xinjiang ban. Turnabout is fair play.
"The new administration is taking bold actions to restore macroeconomic stability and begin to address long-standing impediments to growth," said IMF Managing Director .
For military it's a combination of both, always use consumer PPP for personnel costs but for equipment it depends on the country. For a country that imports all its weapons from the West (e.g. Saudi) then use nominal for equipment. For a country like China then use PPPi for equipment. For India it would be a blend. Of course this omits R&D and military construction. Operations cost is I suspect mainly fuel so use nominal.