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Balaji Srinivasan @balajis
ยท
Feb 21, 2023
Interesting analysis that reminds me of Lanchester's laws. If you have two militaries that are trying to economically attrit each other, you can't just compare raw budgets. You also need to account for replenishment costs in PPP terms, counterweapon matchups, etc. Model here:
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Feb 20, 2023
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