Wednesday, January 23, 2008

Going bankrupt: The US's greatest threat

By Chalmers Johnson
Asia Times

"A "guns over butter" mentality entrenched in the US political system since the start of the Cold War is starting to cause havoc in the nation which has the largest defense budget in the world, as well as having the largest trade deficit. The US's short tenure as the world's "lone superpower" is over and most of the damage can never be repaired, although trimming the US$1.1 trillion expected to be invested in the Pentagon this year would be a start....."

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