Thursday , December 19 2024
Home / Mike Norman Economics / Eric Zeusse – Britain Officially Prepares Now for War Against Russia

Eric Zeusse – Britain Officially Prepares Now for War Against Russia

Summary:
On Wednesday, February 21st, the UK’s Minister of Defence, Conservative Gavin Williamson, announced that the United Kingdom is changing its fundamental defence strategy from one that’s targeted against non-state terrorists (Al Qaeda, etc.), to one that’s targeted instead against three countries: Russia, China, and North Korea. He acknowledged that a massive increase in military spending will be needed for this, and that “savings” will have to be found in other areas of Government-spending, such as the health services, and in military spending against terrorism. But There's hope, Americans have had enough of out of control defence spending.  The press in the U.S. and its allied countries (such as UK) might have a difficult time persuading their populations that expanding military

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

New Economics Foundation writes Moving forward

Dean Baker writes Health insurance killing: Economics does have something to say

NewDealdemocrat writes Retail Real Sales

Angry Bear writes Planned Tariffs, An Economy Argument with Political Implications

On Wednesday, February 21st, the UK’s Minister of Defence, Conservative Gavin Williamson, announced that the United Kingdom is changing its fundamental defence strategy from one that’s targeted against non-state terrorists (Al Qaeda, etc.), to one that’s targeted instead against three countries: Russia, China, and North Korea. He acknowledged that a massive increase in military spending will be needed for this, and that “savings” will have to be found in other areas of Government-spending, such as the health services, and in military spending against terrorism.

But There's hope, Americans have had enough of out of control defence spending. 

The press in the U.S. and its allied countries (such as UK) might have a difficult time persuading their populations that expanding military expenditures in order to conquer Russia, China, North Korea, and — as U.S. President Trump wants also to include — Iran (but he’ll probably use America’s ally Israel for that part of the operation), could be difficult, because, for example, on the same day, February 22nd, Gallup reported that by a margin of 59% to 37%, Americans disapprove of Trump on the issue of “Relations with Russia,” and back on 23 March 2017, Public Integrity headlined "The public favors cutting defense spending, not adding billions more, new survey finds" and reported:
Strategic Cultures
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *