Back to feeds

Havish Gupta

Stealth • 5m

How the US Military Lost $2.3 Trillion! So Firstly, The US military didn’t loose $2.3 trillion, they just lost track of where it was spent. Understand that with an easy example. So Imagine that you earned and spent 10 lakhs in a year, but only documented transactions worth 6 lakh. Thus, the remaining 4 lakhs isn't lost, you just don't know where you spent it. Same happened with US Military and that was because they still used pen and paper to maintain their books. Also some of their offices shifted to computer while some didn't. Thus, it became hard to account. Also, that $2.3 trillion wasn't spent in a single year. Rather, it was cumulative unaccounted spends made over the years Still, this was concerning because the total US Military budget was $330 Billion that year and the military just get's up and says that they don't know where the $2.3 Trillion was exactly spent. Btw, this news was revealed by the Donald R, the Secretary of US Defense on Sep 10, 2001. (Just sayin)

5 replies10 likes
1
Replies (5)

More like this

Recommendations from Medial

Mahendra Lochhab

Stealth • 4d

The value of mobile phone manufacturing in India was estimated to amount to 3.5 trillion Indian rupees in fiscal year 2023.

0 replies2 likes
Image Description

ROSTOZON

Stealth • 4d

According to the UBS Billionaire Ambitions Report for 2024, the global billionaire count increased to 2,682, up from 2,544 the previous year. Their collective wealth also surged, reaching $14 trillion compared to $12 trillion last year. To put this g

See More
1 replies3 likes

BUZZBYTE

Stealth • 1m

Assets managed by BlackRock shot up to $11.48 trillion in the third quarter, up from $9.10 trillion a year earlier and $10.65 trillion in the second quarter

0 replies1 like
Anonymous

🇮🇳 Jaipur Military Station has become the second in India to construct a road using plastic waste, following Narangi Military Station in Assam. The first military station to have a plastic waste road was Narangi Military Station in Guwahati, Assam

See More
0 replies9 likes
Image Description
Image Description

Varun Jeph

 • 

The NineHertz • 2d

Massive crypto market crash: $310B lost in a day: The cryptocurrency market experienced a significant crash, losing $310 billion within 24 hours. The global market cap dropped by 7.90%, falling from $3.56 trillion to $3.25 trillion.

12 replies11 likes
3

Mahendra Lochhab

Stealth • 4m

The direct contribution of the domestic hotel industry to the GDP was $40 billion last year and is expected to be $68 billion by 2027 and by 2047, it will reach around $1 trillion, stated the 'Vision 2047:

0 replies2 likes
Anonymous
Image Description
Image Description

Have you ever been denied an appraisal? How did the discussion go? Was just told that I won't be getting it after working hard all year. Feel betrayed.

8 replies14 likes

Mr Z

 • 

Medial • 1m

In 2003, Lego were just months from bankruptcy. Their sales were plummeting & they were $800 Million in debt. Until they made ONE decision that would transform Lego into a $13 Billion empire... Here's the full story: 2003: LEGO was burning. $800

See More
0 replies29 likes
7
Image Description
Image Description

LIKHITH

 • 

Medial • 1m

JUST IN: Blackrock now manages a whopping 11.5 Trillion Dollars 💸 (approx ₹95 lakh crores) Let that sink in.

10 replies8 likes
1
Image Description
Image Description

Pritam Mondal

Stealth • 3m

Pinduoduo spent More Than 2 Billion Usd in a year For marketing their international discount ecommerce app Temu and it paid off. Temu is fastest ecommerce app in US and one of the fastest in Europe. A App launched in June 2022 claimed to capture 1

See More
12 replies9 likes

Download the medial app to read full posts, comements and news.