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by nbhuik 2838 days ago
This is obviously a long discussion, but in summary the world is changing and if one wants to have a say in that new world one can't pretend that it isn't happening. China is working on all fronts while the west is coming up with excuses why it doesn't matter.
1 comments
exelius 2838 days ago
Jack Ma summed it up pretty well — the US spent something close to $15 trillion fighting wars over the last century. China has been taking that money and investing it in building future economic advantage instead because it believes the wars of the future will be economic rather than kinetic.

Who do you think has a brighter future?

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seanmcdirmid 2838 days ago
If you subtracted $15 trillion from the US GDP over the last 16 years (no need to go last century), it would still have been higher than china’s.

So I’m not sure what this factoid is proving about bright futures.

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dionian 2837 days ago
The elite of china spend their time protecting their power from the people. That's why they can't really project outward as much.
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tcbawo 2838 days ago
There is waste and fraud everywhere, including China. You can also find anecdotal evidence everywhere. It's impossible to piece this together into a singular narrative.
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luckydata 2837 days ago
I think it's fair to say fraud is pervasive in China in a way that's not in many other western countries. Every time I have to do anything with China businesswise I'm reminded of that reality.
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dragontamer 2838 days ago
A lot of US Military spending is wrapped up in infrastructure too.

US Army Corps of Engineers for example maintains levees and dams throughout the USA. https://en.wikipedia.org/wiki/United_States_Army_Corps_of_En...

Yeah, that's part of the DoD budget. Really weird, but that's how we budget for things in the USA.

Then there are mixed-projects, like Military colleges and schools. Officers are all college-educated, so when they leave the military, they still benefit private industry all the same. Or DARPA's contributions to the advancements of science (Adoption of TCP/IP and other long-term research projects)

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freyr 2837 days ago
> Yeah, that's part of the DoD budget.

$4.8 billion / $639.1 billion = 0.75%

It's a minuscule part of the DoD budget. A rounding error.

The majority is spent by the army, navy, and air force. The biggest expenditure category is operation and maintenance, followed by personnel, then procurement.

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pertsix 2838 days ago
Wars are not one dimensional. Having a superior economy also doesn't mean you'll have a strategic advantage in the field.
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