The Jaw-Dropping Decline In Military Spending That Clubbed GDP

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Wednesday, January 30, 2013 The Jaw-Dropping Decline In Military Spending That Clubbed GDP Why did GDP decline? Simple, because of a massive decline in military spending that's associated with war drawdown (not sequester/budget cuts). Here's the chart that shows that this quarter's military spending collapsed in a way that it hasn't done in a decade. It shows the sequential change in defense consumption, and as you can see it fell by over $40 billion from the previous quarter. For more on today's GDP report, see here > Read » Also On Money Game Today: Here's What Three Big Asset Managers Are Saying About The 'Great Rotation' Defense Spending Fell At The Fastest Rate In 40 Years Advertisement CHART OF THE DAY: If We Want Stocks To Keep Surging, Government Bond Yields Need To Rise CHART OF THE DAY: Smoking Hot Japanese Mothers CHART OF THE DAY: Tim Geithner's Amazing Rally Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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