This Chart Shows How The Rest Of The World Doesn't Even Come Close To US Military Spending

http://www.businessinsider.com/us-military-spending-chart-2014-4


Staff Sgt. Brendan Mackie/DVIDS
An infantryman returns to his base after an eight-day mission in Afghanistan.

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According to the report, a decrease in American spending is due to the reduction of overseas military operations, chiefly in Afghanistan and Iraq.

The report also notes the role of territorial disputes, namely Russia's recent grab of Crimea and China's assertive behavior towards Japan in the East China Sea as well as Vietnam in the South China Sea.

Russia's confrontations with the West over Crimea alludes to Moscow's larger resurgent military objectives — namely, The State Armaments Plan 2011-2020.

Within this plan, Russia aims to replace 70 percent of military equipment with 'modern' weapons by devoting approximately $705 billion for expenditures.

China's healthy economic growth and steady military spending shows a more long-term defense policy.

The following chart shows how the top 15 nations in defense expenditures rank:




Read more: http://www.businessinsider.com/us-military-spending-chart-2014-4#ixzz2zQY2Vpuu