The $2 Trillion Global Arms Race

The $2 Trillion Global Arms Race

July 8, 2026 · 27 min

About this episode

The episode discusses the implications of a new $2 trillion global arms race driven by advanced technologies.

A new, $2 trillion global arms race is underway — but this time it's being driven by artificial intelligence, drones and hypersonic weapons. Stephanie Flanders is joined by Becca Wasser, a geo-economics analyst with Bloomberg Economics, and Gerry Doyle, a senior editor for Bloomberg News, to explore how rising defense spending could reshape economies, redefine warfare and alter the future of global security. See omnystudio.com/listener for privacy information.

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