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The average cost for the war was £12 million a year (equivalent to 1.75 billion in 2018 terms by GDP). The UK spent 80 million on the war. When the war ended Britain had a national debt of £250 million (36,570 billion in 2018 about 20 pounds debt per capita vs. 11 pounds per capita average income) which generated a yearly interest of over £9 ...
Economic historians attribute the remainder of the cost of the war to inflation. According to Matthew Gallman, In terms of total war spending, the federal government of the United States spent $1.8 billion and the U.S. states spent $0.5 billion. This does not count long-term costs after the war ended, such as veterans' benefits. The Confederate ...
Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and purchasing price parity in those countries. [3] [4] 40 Countries with the highest military spending worldwide in 2023 [1] SIPRI Military Expenditure Database [5] List by the International Institute for Strategic Studies.
Thanks to a longstanding history in China via its century-old Buick brand, GM once minted money in the nation during the 2010s, earning upwards of $2 billion annually at its peak when it sold 4 ...
The newspaper wrote that the US has "a history of accretive land acquisitions", with a 7.1% internal rate of return for the Louisiana Purchase, 7.4% for Manhattan, and 9.0% for Alaska. [107] 24/7 Wall Street estimated a purchase price for Greenland of $533 billion, using Wyoming as a comparable.
Lamborghinis are super expensive to rent, but the price tag pales in comparison to that of a Bugatti. “It can cost anywhere from $2,000 to $6,000 per day to rent a Bugatti,” Callahan said ...
The GM rumor mill has long been a lively one, much to the delight of GM's competitors, who can often figure out what the General is up to long before its new products arrive in showrooms.
The Alaska Purchase was the purchase of Alaska from the Russian Empire by the United States for a sum of $7.2 million in 1867 (equivalent to $129 million in 2023). On May 15 of that year, the United States Senate ratified a bilateral treaty that had been signed on March 30, and American sovereignty became legally effective across the territory on October 18.