Comment on A kick right in the selbstbild
DragonTypeWyvern@midwest.social 4 months agoIf anyone’s interested in further reading the MEFO Bills are definitely interesting from an economic perspective.
I’m sure it wasn’t the first army built on credit, but it was definitely the biggest.
Bernie_Sandals@lemmy.world 4 months ago
en.wikipedia.org/…/Military_budget_of_the_United_…
DragonTypeWyvern@midwest.social 4 months ago
The Nazis had about 4 million people in uniform at the start of the war, America has about 1.5 million today, but it’s not a bad comparison considering the last time American debt exceeded the GDP was the end of WW2.
Bernie_Sandals@lemmy.world 4 months ago
Yeah, by manpower Germany’s was definitely larger, by budget though, our annual military spending blows theirs out of the water.
At the height of the war, Germany spent about 380 billion dollars adjusted for inflation to the year 2021
In 2021, the U.S. spent about 700 billion dollars on it’s military.