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In the US, by cutting their military spending by 30%, they would have no need to make any kind of cut in the administration or in social or medical insurance.
And let no one say that the United States needs to continue spending on its war industry because it has only the enemies that it is looking for and of course none of them would dare, neither China nor Russia, to challenge it openly and what is not acceptable is to invade countries for a terrorist attack or for trying to avoid them.
Likewise, it does not need to further develop its arms industry, because it not only has more than all other nations combined, but also better and more sophisticated.
Returning to the topic that leads us. As we have previously said, here in Europe the opposite is being done in economic policy than in the US.
The reason is behind the impudence of Germany, which, like the US with QE2, tightens the debt rope to the maximum to not only benefit but also to bend the sovereign will of the other peoples that make up the EU.
If first, the bonuses had been put into circulation, all this could have been stopped, cutting their losses or issuing money by the ECB. But some were not interested.
Someone could say that if it had been done before they could have fallen into them, as if there were no channels to avoid it.
Letting the risk premium of the countries soar and letting the debt become more expensive and fatten?
But there was no interest in doing it. What was interesting and continues to be interesting is to stretch the maximum so that the stock market falls and the shares of those companies that are so coveted fall. To buy them for four dogs and thus receive in return for the aid the patrimony of the rescued countries, as has happened with Greece, which now only have the Parthenon and Portugal underselling.
With Spain the strange case of how to strain our debt was happening when the government was being the most applied of the class. Then, the weakest link was attacked, which were and are, its banks and the autonomies, both sunk by waste and political corruption.
But that was not enough just as a pretext after such correct behavior of our government and they have been forced to turn to Italy, which by the way was neither on the PIGGS list nor was doing anything to reduce its deficit and that in many ways worse than Spain.
With Italy, ZP got scared, and thought that Spain could really be rescued and fell into the trap.