Originally Posted by
bigsmelly
Soo... isn't everyone's defense budget gonna be hit by COVID?
China won't sell as much to the west.
Russia is heavily dependent upon the oil price.
Playing devils advocate - perhaps there will be less sabre rattling, and hence a safer world...
I'd venture that, as is often the case when national economies get all wobbly & promises of "Jam tomorrow" ring hollow, there will likely be MORE sabre rattling, not less.
Anyhoo, it's all an illusion. The money isn't real, the majority of 'debt' is internal and interest rates are at historic lows. Print more of the stuff and move on. There are plenty bigger issues looming on the near & medium horizons for this Ponzi scheme to occupy overly much of the national hand - wringing resource. As the 'yout' of today might opine; "Meh"...