Thursday , November 21 2024
Home / Mike Norman Economics / Russia Builds Nuclear Icebreakers the Size of WWII Battleships for $750M, Lockheed Needs $500M for Ships 8X Smaller — Marko Marjanović

Russia Builds Nuclear Icebreakers the Size of WWII Battleships for $750M, Lockheed Needs $500M for Ships 8X Smaller — Marko Marjanović

Summary:
Why comparing militaries based on budget size is erroneous. Of course, Lockheed will argue that its ships are more than 8X better. Right.Russia Insider Russia Builds Nuclear Icebreakers the Size of WWII Battleships for 0M, Lockheed Needs 0M for Ships 8X SmallerMarko Marjanović

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Dave Majumdar — Why is Russia Building Nuclear Powered Cruise Missiles? The Answer: “Capacity”

Mike Norman writes Rob Smith — Conflict costs the global economy trillion a year


Why comparing militaries based on budget size is erroneous. Of course, Lockheed will argue that its ships are more than 8X better. Right.

Russia Insider
Russia Builds Nuclear Icebreakers the Size of WWII Battleships for $750M, Lockheed Needs $500M for Ships 8X Smaller
Marko Marjanović

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *