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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (69277)12/8/2010 11:30:27 AM
From: elmatador1 Recommendation  Respond to of 218169
 
Core of strong economies held the periphery.

Also agreed among themselves to hold the core.

This was done as a cartel of currencies aka G-7.

World does not have more that core strong economies.

Europe is more likely to crumble.

Europe house is very very expensive to keep.

See Common Agriculture Policy (CAP)http://www.europeanvoice.com/article/imported/cap-or-european-integration-/69439.aspx



To: Hawkmoon who wrote (69277)12/8/2010 11:45:45 AM
From: elmatador  Read Replies (2) | Respond to of 218169
 
US can be governed from the DC. EU cannot be governed from Brussels.

US owes a lot for sure. But has lots and lots of fat to shed still. Easy to cut.

Example:
us can "cut spending by over $5 billion next year with nearly no impact, and all it has to do is…nothing."
Message 27012342

It is a matter of dawning on the politicians t is game over. It is time to cut:

Take military:
I predict a similar scenario playing out in the next decade. As the wars in Iraq and Afghanistan draw to a close (and that should move more swiftly than currently planned), recent increases in the ground forces could be rolled back to pre-9/11 levels. Additional savings can be realized if the United States were to terminate its outdated deployments in Europe. We could also revisit the role played by U.S. troops in South Korea and Japan. The Pentagon’s civilian workforce could be cut, chiefly through attrition, and save tens of billions of dollars. Finally, tighter scrutiny over the Pentagon’s spending, beginning with an audit, would allow taxpayers to realize additional savings, while ensuring that our men and women in uniform are provided with the highest quality equipment at the lowest possible price.

cato-at-liberty.org

Americans today spend more on national defense than at any time since World War II. The budget has grown, in real terms, by 94 percent since 1998. Cutting the DoD budget back to levels from three or four years ago can hardly be called draconian,...
nationalinterest.org