Mises Wire
Author:
Stefan Karlsson
Online Publish Date:
Global Military Spending Tops $1T in 2004 : STOCKHOLM, Sweden -- For the first time since the Cold War, global military spending exceeded $1 trillion in 2004, nearly half of it by the United States, a prominent European think tank said Tuesday. As military operations in Iraq, Afghanistan and the war on terrorism continue, the world spent $1.035