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6-Jan-12 World View -- U.S. and Israel to stage largest ever joint military drill

Leaner U.S. military will focus on threats from Iran and China


** 6-Jan-12 World View -- U.S. and Israel to stage largest ever joint military drill
** http://www.generationaldynamics.com/cgi ... 06#e120106



Contents:
Leaner U.S. military will focus on threats from Iran and China
Europe announces oil embargo on Iran starting January 30
U.S. and Israel to stage largest ever joint military drill
Iran: U.S. is deploying troops in Israel for Iran war
Concerns about Greece, Italy and France drag down the euro
Taliban reportedly will stop killing Pakistan's civilians


Keys:
Generational Dynamics, Leon Panetta, Barack Obama, China, Iran,
Japan, Turkey, Israel, Austere Challenge 12, Greece, Italy,
France, Spain, Taliban, Pakistan, Afghanistan

I think cutting back on our military, particularly if the second wave of cuts go through, is something we're going to end up regretting down the line. Probably not far down the line, either.

From the looks of things, Greece may end up defaulting in March. They can't afford to be bailed out forever. I've already said they're going to default sometime this year.