New Arms Race

Russian Dictat....I mean President threatened to increase military spending to keep up with the West

Vladimir Putin accused the West of triggering a fresh arms race today and gave warning that Russia was now rich enough to respond with a new generation of high-tech weaponry.

President Putin attacked the United States and Europe for expanding Nato close to Russia's border at a time when Moscow had closed military bases abroad. He said that Russia would stand up to the West and defend itself against US plans to establish a missile defence shield in Eastern Europe.

This is just some pre-text for Putin to ramp up military spending. The missle defense shield just isn't designed to shot down thousands of rockets. Russia of course has enough missles, rockets, ICBMs to destroy the world over a few times let alone be stopped by the missle defense shield in Poland and the Czech Republic.

“A new arms race has started to unfold,” Mr Putin told ministers and regional governors in a televised address. “It's not our fault, we didn't start it...funnelling multibillions of dollars into developing weapons systems.

“We are being forced to take retaliatory steps. Russia has, and always will have, a response to these new challenges. In the near future, Russia will start production of new weapons systems that will not be inferior and in some cases excel those held by other countries.”
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The President has clashed repeatedly with the US over its plan to install ten interceptor missiles in Poland and a radar station in the Czech Republic. Washington says that the shield is intended to prevent attacks from rogue states such as Iran, but Moscow insists that its own security is threatened.

So now we have to worry about Iran, China and Russia.