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forumposter123@protonmail.com's avatar

China has done some really terrible things like sell me cheap products and buy my countries debt at subsidized rates. The horror!

If we don’t watch out they might start selling me cheap electric vehicles!

Look, if we didn’t have nukes then maybe I would be all worried about them taking over the world. But we do have nukes. An invasion of Taiwan would end 5 minutes after it started. And they don’t even have a good reason to try.

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Amicus's avatar

There are some issues with the Soviet military spending numbers here

- They're cited as coming from Holzman (https://doi.org/10.2307/2538679), but they're actually CIA estimates he's quoting. Holzman explicitly states that he thinks they're 1-2% too high

- They are contemporary estimates of spending in the 1982 budget - deep into the cold war, and well past its hottest point. CIA estimates from 1973 are 6-8% of GNP.

- CIA estimates at the time were based on direct costing - which is extremely sensitive to how you do dollar-ruble comparisons, when you get your index prices from, etc. And is questionably meaningful, in a Soviet-style planned economy. Realistically, we don't actually know what the Soviet military cost them, and neither did the Soviet government.

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