12-03-2007, 09:06 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->And yet TSP is spending ~12% of its GDP on defence<!--QuoteEnd--><!--QuoteEEnd-->
Consider following in equation -
Pension funds are not included
Revenue from Cereals and bakery business are not included
Revenue from Bar-b-Que shops are not included
Revenue from Banks, Hotels, motels, transport companies are not included.
Revenue from drug business are not included
Revenue from Export-Import are not included.
.....
I think spending should be around 30% of GDP.
Consider following in equation -
Pension funds are not included
Revenue from Cereals and bakery business are not included
Revenue from Bar-b-Que shops are not included
Revenue from Banks, Hotels, motels, transport companies are not included.
Revenue from drug business are not included
Revenue from Export-Import are not included.
.....
I think spending should be around 30% of GDP.