Here's Why Defense Spending Isn't Delivering

Here's Why Defense Spending Isn't Delivering

July 10, 2026 · 10 min

About this episode

The episode discusses the challenges and mixed results of global defense spending despite significant financial investment.

Around the world, governments are pouring more than two trillion dollars into defense. The money is flowing, but the results are mixed. Bloomberg Economics's Defense Lead Becca Wasser joins Stephen Carroll to explain why. See omnystudio.com/listener for privacy information.

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