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Deeper in Debt, America Prepares New War in the Middle East

July 25, 2017 By Richard C. Young

Pat Buchanan hammers the idea of America’s involvement in another war in the Middle East. The country still hasn’t paid for the last two, another war would only make it harder to ever pay down the trillions in debt accumulated fighting seemingly unending conflicts with no apparent purpose.

“One knowledgeable official estimates that the CIA-backed fighters may have killed or wounded 100,000 Syrian soldiers and their allies,” writes columnist David Ignatius.

Given that Syria’s prewar population was not 10 percent of ours, this is the equivalent of a million dead and wounded Americans. What justifies America’s participation in this slaughter?

Realizing the futility of U.S. policy, President Trump is cutting aid to the rebels. And the War Party is beside itself. Says The Wall Street Journal.

Meanwhile, as the Americans bomb across the Middle East, China rises. She began the century with a GDP smaller than Italy’s and now has an economy that rivals our own.

She has become the world’s first manufacturing power, laid claim to the islands of the East and South China seas, and told America to keep her warships out of the Taiwan Strait.

Meanwhile, the Americans, $20 trillion in debt, running $800 billion trade deficits, unable to fix their health care system, reform their tax code, or fund an infrastructure program, prepare to fight new Middle East war.

Read more here.

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Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
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