My comments: As a large share of the Federal budget, and therefore a
large share of the Federal budget deficits, it can be seen as one of
the most important causes of this crisis. One of the most important
remarks told during this interview is that military expenses such as
production of weapons, tanks, etc. are not as beneficial for an
economy as production of machinery, roads, buildings, etc. even, they
are worse than non durable goods such as fresh food. Defense is a
necesary budget in most countries probably, but it is the share of the
budget that hits economies harder.

http://www.youtube.com/watch?v=oFaTn5-nSyo

http://www.youtube.com/watch?v=G7LEgD7_Jbk

I hope it is useful.

Peace and best wishes.

Xi
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