“This article is about why I think interest rates are heading higher, viewed through the context of the politics of the US government’s next war. While I’d prefer to convince the world to change its course toward a more peaceful future, given the futility of trying to do so, I’ll use my time with you today presenting data, analysis, and a few opinions about the economic consequences of the march toward war that US policy is now set upon. The chart below combines defense, veterans benefits, homeland security, the State Department, and defense-related interest payments, to create a more comprehensive picture of our military spending.”

http://www.caseyresearch.com/cdd/wars-and-rumors-of-wars

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