World Military Spending at All-time High
Global defense spending reached an all-time high of $2.2 trillion last year, according to a report published Monday by the Stockholm International Peace Research Institute (sipri). This marks a 3.7 percent year-on-year increase, another all-time record, as nations continued to spend on guns, bullets, bombs, personnel and military aid.
The United States led the way, spending $877 billion; China followed at a distant second with $292 billion. Ukraine’s spending soared with defense spending increasing by 640 percent due to Russia’s invasion. India nearly doubled its defense spending (46 percent), and Israel also saw a significant rise (26 percent).
Much of the spending was impacted by inflation, but a much bigger cause was Russia.
For a lot of European countries, it’s really about how to beef up all aspects of defense. The higher military spending is a sign of deterrence to Russia.
—Nan Tian, sipri’s head researcher
Most European countries increased spending by 15 percent. The sipri data does not include Germany’s additional $100 billion pledge made last year. Europe’s de facto leader is determined to act the part; it plans on spending more money on new equipment and weapons, as well as finding ways to integrate European defense institutions. It has already started: The Dutch land forces now effectively a part of the German military.
The Trumpet said:
Many nations have weapons of mass destruction—including nuclear bombs. The Prophet Daniel called this “the time of the end”—or as Moffatt translates it, “the crisis at the close”—the crisis of all crises! …
How many traditional Christians heed His warning? How many Christian leaders do you hear even discuss Matthew 24? It is the most important prophetic message Christ gave when He was on this Earth! They talk about the person of Christ continually—but not His message.
One third of your Bible is prophecy. Yet traditional Christians virtually ignore it all!
—Gerald Flurry, Trumpet editor in chief, Nuclear Armageddon Is ‘At the Door’