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Which country has the highest military expenditure in the world? Unsurprisingly, it's the U.S.! According to a report issued by an independent Swedish organization, the U.S. spent as much as 732 billion dollars for military purposes in 2019. The real question is, was the money spent in the interest of a better world? Nah... The money has turned people's lives in many parts of the world into nightmares, if not hell.