Tuesday, September 14, 2010
The American empire: arms sales as an economic stimulus
.... it's a great boost for the US economy at a time when arms are about the only thing that the United States produces that anyone wants to buy".
Glen Barclay visiting Fellow at the Australian National University
As Glen Barclay pointed out on the ABC today, when a soverign economy is dependent on arms sale for economic stimulus something is seriously wrong.
Glenn Barclay was commenting on reports that the US economy has been boosted by a $60 billion arms sale to Saudi Arabia.