OK, to answer your points:
Defense spending is mainly determined by internal policy and is not directly determined by foreign problems.
In Europe, UK and France have nuclear weapons. Not Switzerland, not Sweden, not Netherlands, not Austria, but island(s) located UK, separated from the "empire" by all other Eur. countries and member of NATO.
India with 950 M population was so threatened by Pakistan with 132 M population that had to rush into nuclear club.
No one ever could explain me why Soviet Union and US were in desperate need to have enough nuclear weapons to destroy the globe MANY times. From even the most radical point, one time is just fine.
Decreased defense spending is a good idea, however, completely unpredictable Russia is not necessarily safer than was The Soviet Union.
Also, please, do not forget that socialist countries supported themselves, good or bad, but today majority of them, including Russia, are asking IMF for help. Guess where these money are coming from and when you may see them back, if...
"sky is falling crowd" is complaining, "stock will fall crowd" is analyzing and acting correspondingly.
About dinner speeches. Some people have dinner everyday, as well as breakfast and lunch. Stocks, as well as economy, have three options: up, down, unchanged. So with right strategy someone may be right at least once per day. Key thing is to remember correct predictions.
"Perhaps we can argue or agree on something more meaningful in the future."
Agree, immediately and completely.
Have a nice evening. |
