Ahmadinejad: Wars behind US meltdown
Press TV / Editorial
23-Sep-2008 (one comment)

"Problems do not arise suddenly," President Ahmadinejad told The Los Angeles Times.

"The US government has made a series of mistakes in the past few decades. First, the imposition on the US economy of heavy military engagement and involvement around the world . . . the war in Iraq, for example. . . These are heavy costs," he added.

The US government has announced that it has so far spent more than $522 billion on the nearly five-year-old war, with another $70 billion already allocated for the year 2008.

However, Nobel-winning economist Joseph Stiglitz revealed in March that the true costs are at least $3 trillion and could surpass the cost of World War II, an estimated $5 trillion after adjusting for inflation.


Ahmadinejad on US Financial Meltdown

by Jaleho on

This time, Ahmadinejad seems to agree with me rather than vice versa :-)

See my blog yesterday: