Revelation 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.
Important Takeaways:
- Rising global threats force ‘epoch-making’ shift in world order
- The return of great power competition across the globe is forcing countries to adapt, spurring major changes to alignment and spending from Europe to the Indo-Pacific to the Middle East.
- The change is everywhere on the map — but most evident in countries like Sweden and Japan as the nation’s make dramatic changes to meet rising threats from Russia and China.
- “I’ve described the security environment as the most dangerous I’ve seen in 40 years in uniform,” said U.S. Adm. John Aquilino, head of Indo-Pacific Command, before the House Armed Services Committee this month.
- The rise of new tensions has driven up defense spending worldwide. In an annual report this year, the International Institute for Strategic Studies found defense spending was up 9 percent worldwide last year, reaching $2.2 trillion.
- European countries collectively drove spending up from about $350 billion in 2021 to more than $388 billion in 2023, while Asian nations bumped that from more than $500 billion to higher than $510 billion in the same time frame.
- The spending bumps go hand-in-hand with public opinion. A November Ipsos poll of 30 countries found 84 percent of people believe the world is becoming more dangerous, up from 74 percent in 2018
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