We waited too long. China kicks its defense budget into overdrive...

Meanwhile—#China to Raise *Official* Annual #Defense #Budget by 7.1% to $230 Billion (1.45 trillion yuan)https://t.co/yND7sJucUW

Check out my #Bookshelf of data & analysis back to 2013!https://t.co/YeulI4SBM6

Despite slowing #economy, #Xi keeps #military pedal to the metal! pic.twitter.com/m6rr0KOu3c

— Andrew Erickson 艾立信 (@AndrewSErickson) March 6, 2022

Question.

Does the US manufacturing sector even know what wartime production is?  Are they capable of producing at "survival of the state" manufacturing rate?

Are all the aircraft in the boneyards capable of being turned around (I know many aren't) in a relatively short period if we see heavy losses against a foe?

I don't believe we get a positive answer to any of those questions.

From this plus up the Chinese appear to be setting the foundation for something big soon.

We ain't ready.