Steeljaw Scribe

Notes and commentary on things present, reflections on a career in naval aviation and serendipitous items as strike me at the moment…

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What 1.8% of GDP Buys These Days…

March 3rd, 2008 No Comments

 
Very little in the way of defense forces…
 
1.8% of GDP allocated to defense is a hard sum to work with these days – harder still if you decide to freeze it in place and not adjust annually for inflation. In such a coffin corner, what is one left with? If you are France and deep [...]

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