Debt Rattle July 31 2016
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DPC Elks Temple (Eureka Club), Rochester, NY 1908 • How Slow Is US Economic Growth? ‘Close To Zero’ (CNBC) • US Non-Consumer Economy Is Now In A Reces
[See the full post at: Debt Rattle July 31 2016]There’s an error of thinking in this, “The military contracting industry in America does create a lot of jobs, but in essence it also gives the benefits away free to its allies.”
The whole point of the said industry is to create products and services that are used once and destroyed in the process. If the nation is not at war, using up its materiel, the industry will not profit.
While it is no longer a great idea to get into an actual war, by exporting the resources to other countries, the essential flow of money to the MIC is continued without the risky business of getting someone’s kid blown to bits in a foreign place they can’t pronounce.
Take that flow away and the nation will be forced, by the MIC, into war. Breedlove is its prophet.
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