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Havish Gupta

Figuring Out • 1y

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 Replies

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Anonymous 2

Hey I am on Medial • 1y

can't wrap my head around this. Even small companies have robust ERP systems these days. How can the US military be so behind in tech? They should outsource their accounting to Bangalore 😜

1 Reply

Anonymous 1

Hey I am on Medial • 1y

even a 100 rupee discrepancy in my books gives me sleepless nights. And here we have the world's most powerful military misplacing trillions. Unbelievable! 🤯

1 Reply

Anonymous 3

Hey I am on Medial • 1y

Never thought this meme is true. That really just scks! They literally don't even have the answer to where trillions worth of taxpayers money went.

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