Monday, June 08, 2009

My Way News - Global arms spending rises despite economic woes

AP reports: "World governments spent a record $1.46 trillion on upgrading their armed forces last year despite the economic downturn, with China climbing to second place behind top military spender the United States, a Swedish research group said Monday."

Comment: The politicians love to talk peace, but they budget for war, with funding levels for new weapons now at record levels.

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