Richard Russell - Richard Russell: The problem with the U.S. military's "new enemy"

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Richard Russell: The problem with the U.S. military's "new enemy"

Wednesday, April 22, 2009
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From Richard Russell in Dow Theory Letters:

From last weekend's WSJ -- headline, "CHINA, FRIEND OR FOE?

The pentagon views the rapidly expanding Chinese military as the US's top potential rival. Read Andrew Browne and Gordon Fairclough on the reality of the "China threat."

Russell Comment -- As I've been saying, the US's military-industrial complex needs a "new enemy," and by God, they've found one. And it's CHINA!

Problem -- China's our biggest creditor; China buys most of our monster deficits.

Learn more about the excellent Dow Theory Letters...

Read the WSJ article here...

Why China should lie about its dollar holdings

China's big dollar secret is revealed

Topics:		Richard Russell \| China \| World News

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