Arms Race with Russia?

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You have to be careful how you read the chart. It just stacks the amounts. Subtract $350bn from $567bn and you have China's amount. $217 bn - far less than half our spending, which, ironically, is partially financed by China. Russia comes in at 1/10th our spending. Granted, spending is probably not proportional to predicting the likelihood of prevailing in a conflict. Odds are we would all be dead in the end from a direct confrontation with China or Russia. Look at Saudi Arabia. You know where they get their weapons? From us.  

image source: http://www.pgpf.org/chart-archive/0053_defense-comparison