Tag Archives: defence spending

…except in the UK

While global military spending seemed recession proof as it continued its upward climb in 2009 (see previous post), fiscal reality has finally closed in on the UK in 2010 – and the Ministry of Defence will not escape the consequences. Military … Continue reading

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No recession for global military forces

It seems the military is one economic sector that is pretty much recession proof. While global government spending generally fell in 2009 in the wake of the great recession, and while budgetary deficits soared, there was little interruption to the … Continue reading

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