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Sunday, August 25, 2013

"US Prepares For "Kinetic Strikes" Against Syria"

"US Prepares For "Kinetic Strikes" Against Syria"by Tyler Durden "The chart below will likely come as a surprise to most. It shows total nominal US defense spending, more importantly it shows that such spending has been rapidly declining since 2010. And while on the surface it is great news the US is becoming more "pacifist" (apparently mass killings using drones are relatively cost-effective) and the result for the US is even better as it means lower deficits, there is one person who is very unhappy with this outcome- Ben Bernanke. Why is Ben unhappy?



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