Wellcome article from "The Economist" (1). It shows the situation but dont produce arguments to bannish it.
Besides the scale and mass of armaments in a myriad of states, there is a third factor. In a world where resources become increasingly scarce and expensive, finance playing 6 x 6, and the environment deteriorating faster than the most pessimistic forecasts, spending on arms and its control can do the finances please complete collapse, preventing even the turning point. May God give wisdom to our leaders.