More than $2.2 trillion⦠Thatâs how much the planet spent on defense last year. [Outsider Club Header]
Nov 01, 2023 By Jason Simpkins for the Outsider Club We're in the Driver's Seat of a $2.2 Trillion Trend More than $2.2 trillion⦠Thatâs how much the planet spent on defense last year. Thatâs the largest amount spent since the end of the Cold War â even when adjusted for inflation. And 2023 will register an even higher figure⦠as will 2024, 2025, and so on. That is the direction defense spending is going, and when you look at whatâs happening in Eastern Europe (Ukraine), the Middle East (Israel), and the Pacific (China), thereâs no mystery as to why. Itâs a trend you see reflected in the U.S. defense budget, which topped out at a record $858 billion for the current fiscal year â and which is on track to hit $1 trillion itself before long. But you can also see it in Americaâs arms sales to the rest of the world. Remember, America is the largest arms dealer in the world, and itâs not even close. The U.S. accounts for 45% of global arms sales, which is magnitudes more than any other country and up from 30% a decade ago. Last year, government-to-government foreign military sales totaled $52 billion. Additionally, direct sales between foreign countries and American military contractors were nearly triple that â $154 billion. And in just the first nine months of 2023, foreign military sales topped $90.5 billion, which puts it on track to double last yearâs total. URGENT: Look at This Map of America... [TWA EV Payouts after map] Thereâs a silent invasion happening. Those black dots you see are electric vehicle charging stations â but theyâre not like any chargers youâve seen before. Because every one of those units could soon be putting money directly into your bank account... Twenty-four hours a day, seven days a week. [Click here to discover what may be the biggest income opportunity of your lifetime.]( Again, you can really see that tailwind from weapons sales to Ukraine and other allies in Europe who are now suddenly extremely worried by Russiaâs belligerence. Former Soviet satellite states, in particular, are (rightfully) lining up for American firepower. Weâre talking about countries like Latvia, Lithuania, Czechia, and especially Poland, which has pledged to devote 4% of its GDP to defense â double NATOâs 2% guidance. Poland has been cleared to buy $41.7 billion in weapons from the United States so far this year, doling out $10 billion for Lockheed Martinâs HIMARS and Hellfire missile systems, $12 billion for Apache helicopters made by Boeing, and $15 billion for RTXâs Integrated Air and Missile Defense system. Poland has made other big-ticket purchases as well in recent years, including orders for Abrams tanks and F-35 fighter jets. Countries like Poland have been demanding so much weaponry, in fact, that American defense contractors havenât been able to keep up. Between supply chain issues, an industrial base thatâs shrunk since the Cold War, and the sheer volume of demand, Americaâs arms manufacturers just canât fill orders fast enough. Thatâs driven billions of dollars of overflow demand to other foreign suppliers like South Korea, Turkey, and France. As a result the Pentagon has made a concerted effort to expedite foreign military sales by cutting red tape and working with contractors to expand production facilities. The Pentagon even created a special âTiger Teamâ to streamline the FMS process. That team delivered a full report in June and more reviews are currently underway in every branch of the military. [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela
- Saudi Arabia
- Canada
- Russia Think you know the answer? [See if youâre right!]( That could carve out an even larger share of the $2.2 trillion global defense market for the United States. Especially since, the gains weâve made over the past decade have come at the expense of Russia and China, which have seen their share of the global arms market recede. [Share of Global Arms Sales] This is good for the United States economically and politically, as it enhances diplomatic relations and takes money from the pockets of our adversaries. Indonesia is one example of that. The Pacific nation has traditionally relied on Russia for its military purchases, but is now reorienting more toward the United States in Europe. After backing out of a deal to buy Russian Sukhoi Su-35S fighter jets, Indonesia went on to strike deals with the United States for F-15s and Black Hawk helicopters. Again, this strengthens the U.S. foothold in the Asia Pacific region both diplomatically and militarily. Similarly, the $164 billion in arms sales the United States has struck with Saudi Arabia over the past several decades has made the Middle Eastern oil magnate more amenable to U.S. policy concerns and military cooperation in the region. Finally, and obviously, this massive trend has been a boon to the defense contractors and technology suppliers Iâve long covered at Secret Stock Files and elsewhere. I even just released [a new report about AI aircraft that are now taking to the skies](. These robot wingmen are being deployed to safeguard and even enhance our manned fighters â and ultimately will one day replace them. So [check that out here]( if you havenât already. Fight on, [Jason Simpkins Signature] Jason Simpkins P.S. Todayâs article was originally published by our sister publication [Energy and Capital](, which is solely dedicated to helping readers profit from the ever-expanding and ever-changing energy sector. If you would like to receive daily free email investment letters from the editors of Energy and Capital, [simply click here.]( [Wealth Daily ICYMI Header]( One American Firm's Top-Secret AITech Could Help Defeat Hamas Israel is one of the worldâs top five most technologically advanced nationsand an emerging âartificial intelligence superpowerâ... Yet their AI tech failed to deliver advance warning before Hamas fighters launched a brutal surprise attack from Gaza. Multiple Israeli military defenses and communities near Gaza were overrun with no warning. But thankfully, a solution to this conflict is on the horizon... Itâs a tiny American firm that has worked with elite U.S. agencies like the FBI, CIA, and NSA with advanced top-secret AI technology. Itâs the most well-connected AI firm in the world... And once Israelâs military gains access to this technology, this war is as good as over. Because this firmâs technology has already disrupted Syrian air defenses... Destroyed an Iranian uranium facility... And thwarted cyberattacks on U.S. power plants. Not to mention, Ukraine would not have made nearly as much progress repelling Russiaâs invasion without this advanced AI tech. But now this tiny AI defense firm is set to turn the tides of the Israel-Hamas war... And hand its early investors as much as 10x their money. [Learn more about this small AI defense company before its stock soars.]( Follow the Outsiders [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy[here](. Outsider Club, Copyright © Outsider Club LLC, 3 E Read Street Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-855-496-0830](tel:/18554960830).