Is the World preparing for WAR? Let’s look at the spending

Revelations 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:

  • Global Military Spending at Record High with Europe Leading the Way
  • The world has never spent so much on military muscle. Figures released Monday show $2.24 trillion was outlaid globally in 2022 with Europe leading the way due to Ukraine’s demands for continued supplies of battlefield hardware.
  • There was a 13 percent rise in Europe, the steepest in at least 30 years, coming on the back of the Russian invasion of Ukraine and broader insecurity around the world.
  • Some of the sharpest increases were seen in Finland (+36 percent), Lithuania (+27 percent), Sweden (+12 percent) and Poland (+11 percent).
  • “The continuous rise in global military expenditure in recent years is a sign that we are living in an increasingly insecure world,” Nan Tian, senior researcher with SIPRI’s Military Expenditure and Arms Production Programme, said.
  • Overall the United States remains by far the world’s biggest military spender.
  • S. military spending reached $877 billion in 2022, which was 39 percent of total global military spending and three times more than the amount spent by China, the world’s second largest spender.
  • India’s military spending of $81.4 billion was the fourth highest in the world. It was 6.0 percent more than in 2021.
  • In 2022 military spending by Saudi Arabia, the fifth biggest military spender, rose by 16 percent to reach an estimated $75.0 billion, its first increase since 2018.
  • The United Kingdom had the highest military spending in Central and Western Europe at $68.5 billion

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