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This unironically
(lemmy.world)
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this post was submitted on 19 Sep 2024
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It is doable, given sufficient political will, though it'd be militarily pointless to go that far. Russia would fold long before that, or try playing nuclear hardball or something.
https://www.stlouisfed.org/on-the-economy/2020/february/war-highest-defense-spending-measured
US estimated GDP for 2024 is $28.781 trillion.
That'd be about $11.5 trillion/year for military spending, were things to reach WW2-comparable levels.
The EU estimated GDP is only up on WP for 2023, but that's $17.818 trillion. Add that to the UK's 2024 GDP of $3.495 trillion, Canada's estimated 2024 GDP of $2.242 trillion, Japan's estimated 2024 GDP of $4.110 trillion, Australia at $1.790 trillion, Turkey at $1.114 trillion, and Norway at $0.525 trillion, and you've got another $31.094 trillion in aggregate.
40% of that for military spending would be $12.438 trillion/year.
So at that kind of level, figure $24 trillion a year to work with as the aggregate of the US and all other listed countries.