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Cake day: August 27th, 2023

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  • But we also sell a lot of that military equipment to allies, making everyone stronger and recouping some of that spending at the same time.

    A quick search shows about $300b in sales last year with a spending budget about $800b. Of course, that depends on whether Ukraine survives to be able to repay its debt. But even if it can’t, all the military spending goes to US owned companies or citizens (our soldiers) which circulates in the domestic economy.