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Ken Coello's avatar

Common sense I think. As I am neither an economist (ike you) nor an expert on defence I would be interested in your observations on Paul Mason's thoughtful piece suggesting an increase in defence expenditure funded by borrowing

Alan Goodwin's avatar

One question is why it now takes seven years to build a frigate. According to AI, "During World War II, building a frigate typically took between 5 and 18 months". Of course there was a war on and economies of scale etc, but that was without modern machinery, robots etc. The extraordinary incompetence and corruption of UK defence procurement mean we spend huge amounts on stuff that arrives late, doesn't work, and is no longer required. The other big issue highlighted by the war in Ukraine is the importance of resilient infrastructure - power and water supplies, information networks, cables, manufacturing, shelters etc. I guess we'll have to do without.

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