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PressTV's Channel: https://www.youtube.com/user/videosptv It is estimated that the US spends over 1.5 trillion dollars yearly on its military technology and equipments, which is about 2.7 percent of the world gross domestic product (GDP). The US military industry and arms manufacturers would not exist if their products were not used; therefore, Washington has fabricated reasons for their use and existence by taking advantage of either a so-called threat to US national security or an actual war.