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Russia’s military spending can’t be compared to ours in terms of quantity and quality.
Our military is so larded up with procurement contracting, we’re muscle bound, limited to air bombardments in underdeveloped countries, Russia’s appears to be robustly rebuilt around a realty of fighting a modern land war.
They’ve also developed nuclear superiority, having first strike capability with hypersonic weapons systems. Systems we haven’t achieved yet.
Maybe it’s old men exposing their junk to one another. Maybe not. The expansion of our empire up to their border is real though.