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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (30590)	4/1/2003 10:49:29 PM
From: energyplay	Respond to of 74559

IF the US wings are clipped, you'll just see a new set of bigger ones. Military spending is relaitvely low compared to GDP. Could go from 350 Billion to about 430 Billion with out too much strain. With reasonalbe economic growth, 500 Billion in about 5 years migh be rerasonable.... As for the natural size of the US, we may big ceratin countries to re-size first. France comes to mind. I would expect to see major moves to cut French military sales (the US subsidizes agriculture, why not military sales ?) and to limit French oil companies. You might see oil business going to Repsol YPF instead.