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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (64748)3/22/2007 8:42:33 PM
From: Earlie  Read Replies (1) of 116555
 
Hi Haim:

A rhetorical question for you....
Now if Iran is "on its way to hardship for squandering its oil revenues on military hardware and other pet projects", what might be your view with respect to the USA which spends a staggering percentage of its GDP on the military and does this not with its own revenues but with dough borrowed from abroad? (g)

Best,
Earlie
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