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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (2256)6/26/2003 2:37:30 AM
From: Dale Baker  Respond to of 49825
 
This guy needs to do some homework on the USG budget - he mentions $600 billion for defense and foreign aid while defense has run under $400 billion until recently and foreign aid can't be much more than $20 billion if that.

Would have been more interesting if he had focused on the implications of the US deliberately shattering the post-Cold War G8/UN/NATO-based international order. That is the most likely factor to lead to a general US decline in American global influence (though his emphasis on wasting money on foreign military adventures is a good analogy).