4.3 • 882 Ratings
🗓️ 8 March 2019
⏱️ 33 minutes
🔗️ Recording | iTunes | RSS
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War is a racket and damn, business is good. When it comes to the global arms trade, no one sells more weapons than the United States of America. The US controls about a third of the nearly 100 billion global arms trade. Its next closest competitor—Russia—doesn’t do even half the business America does. January 2019 was a record year for the defense industry—profits were up across the board. It was the best month for arms sales in a decade.
Here to help us understand the war racket is Amanda Macias. Macias is CNBC’s National Security Reporter. She specializes in the business of war. Amanda, thank you so much for joining us.
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0:19.0 | You know, you're always going to have a demand for artillery, you're always going to have a demand for combat vehicles, |
0:22.0 | but that's the next line of effort, if you will, is these new |
0:26.6 | domains. |
0:28.0 | And that's what our adversaries are doing, by the way, is they're launching things into space and they're moving at a |
0:33.9 | lot quicker pace than we are so those are probably the initiatives that I would |
0:38.6 | focus on more. work. |
0:45.0 | You're listening to War College, a weekly podcast that brings you the stories from behind the front lines. |
0:55.0 | Here are your hosts. Hello, welcome to war college. I'm Matthew Gault. And I'm Derek Gann. War is a racket. |
1:15.0 | Damn, business is good. When it comes to the global arms trade, no one sells more weapons than the United States of America. |
1:21.0 | The U.S. controls about a third of the nearly |
1:23.6 | hundred billion dollar global arms trade. Its closest next competitor, Russia |
1:27.6 | doesn't even do half that business. January 2019 was a record year for the defense industry. Profits were up across the board. |
1:36.0 | It was the best months for arms sales in a decade. |
1:39.0 | Here to help us understand the war racket is Amanda Macias. |
1:41.6 | Macias is C. NBC's National Security reporter. |
1:44.0 | She specializes in the business of war. Amanda, thank you so much for joining us. |
1:49.7 | Thanks for |
1:55.0 | the the having to have to having me. |
... |
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