Forum Index > Business & Finance > Investing
Dec 23, 2007 @ 20:38:36 | #1 | treetopflyer
Minister 10407 points


53/M/Emerald City, Join Date: Dec 2007 | AMERICA'S ARMS TRADE MONOPOLY
For the first time in modern history, one country is on the verge of monopolizing the international arms trade. Rising costs and declining defense budgets are putting pressure on the world's inefficient defense producers, and most of them are collapsing under the strain. Soon the worldwide armaments industry will be nearly unrecognizable. By the early 21st century, the United States will be the sole producer of the world's most advanced conventional weaponry, as other countries discover, like the Soviets did, that the costs associated with financing new defense programs are too heavy to manage.
If exploited properly, this monopoly will benefit not only the United States but international security as well. The past proves that countries that rely on American arms are less likely to start wars with their neighbors. Ironically, a U.S. monopoly would also be good for the world economy. With inefficient defense firms put out of their costly misery, governments will be able to put scarce resources to more productive pursuits.
Accordingly, the United States should welcome the coming era. Owing to the benefits that will flow from its monopoly position, the United States need not encourage multilateral efforts to create a cartel of arms suppliers or encourage other great powers to remain in the weapons game. Indeed, past U.S. policies that transferred advanced weapon technology to allies should be stopped, and the United States henceforth should export only finished weapons.
 And the White Knight is talking backwards
And the Red Queen's "off with her head!"
Remember what the dormouse said: | | |
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