How to fix country? After many attacks my country finds itself loosing money, due to excessive military (that still looses all fights) went from being in the top 10 at the beginning of the round to garbage.

Don't get discouraged, it's very easy to fall behind. Once you start to fade other countries will pile on and it's hard to come back from. What strategy are you attempting to play?

I produce about 2k oil 4k food 5.5k jets per turn. So I don't really have a set strategy.

http://wiki.earthempires.com/index.php/Strategies

The more successful countries tend to specialize in producing one thing, be it food/oil, millitary, cash or tech.

Definitely need to pick one strategy and stick with it as Seth said. Once you get that down you can focus on other areas, but as was already noted it will be hard to come back now.

To recover:
- Make sure you have good defense and intelligence allies
- Pick the strat you want to specialize in going forward
- Stop gaining land for a few days and use the money you earn from your strat to buy tech in the area of your strat. This will help you produce more on less land which means you won't be a target for the larger countries as you recover.
- Once your tech levels are adequate start grabbing land and keep building for your strat.

**Specializing is key in this game**

bonus