Most Popular
1. Dow Max Drawdown Bear Stock Market 2022 - Accumulating Deviations from the Highs - 21st Feb 22
2.Putin Starts WW3 in Ukraine, Will Use Tactical Nuclear Weapons, China Prepares Taiwan Blitzkrieg - 28th Feb 22
3.World War 3 Phase 1 - Putin WINS Ukraine War! - 25th Feb 22
4.INVESTORS SEDUCED by CNBC and the STOCK CHARTS COMPLETELY MISS the BIG PICTURE! - 10th Feb 22
5.Will There Be A 2024 US Presidential Election? - 3rd Mar 22
6.Gold and SIlver, Precious Metals Sector Is at a Terrific Buy Spot - 6th Feb 22
7.Why Putin Wants the WHOLE of Ukraine - World War 3 Untended Consequences - 6th Feb 22
8.Dow Stock Market Expected Max Drawdown 2022 - 19th Feb 22
9.Stock Market Calm In the Eye of the Inflation Storm - 4th Mar 22
10.M = F - Everything is Waving! Stock Market Forward Guidance - 7th Mar 22
Last 7 days
How Low Could the Amazon (AMZN) Stock Price Fall? - 19th May 22
Bitten by FANG? Clocked by Cryptos? -- 'Air Pockets' Everywhere - 19th May 22
Northern General Hospital Orthopedics Fractures and and Ankle Clinic Consultations Real Patient Experience - 19th May 22
Cathie Wood Goes All in on Teladoc, ARKK INSANE Noob Investing Strategy! - 17th May 22
This is Anything but Positive for US Housing Market - 17th May 22
What Should We Do If There Is No Fed Monetary Policy Pivot? - 17th May 22
All Possible Ways to Earn Free Litecoin - 17th May 22
How low Could the Amazon Stock Price Fall? - 16th May 22
Cathy Wood ARKK INSANITY There is NO Coming Back! - 16th May 22
NASDAQ 100 Stock Market LOWER LOWS & LOWER HIGH - 16th May 22
Sanctions, trade wars worsen US inflation - 16th May 22
AI Tech Stocks Earnings BloodBath Buying Opportunity - 14th May 22
Futures Contract – Trading Crude Oil With USO - 14th May 22
How to Get Kaspersky Internet Security for 80% Discount! Do not Pay Renewal Price! - 14th May 22
Sagittarius A* Super Massive Black Hole Monster at Centre of Our Galaxy REVEALED! - 14th May 22
UK Public Debt Smoking Inflation Gun - 13th May 22
What Happens When the Stock Market Dip Keeps Dipping? - 13th May 22
Biden Seeks Inflation Scapegoats; Gold Advocate Wins GOP Primary - 13th May 22
Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - 12th May 22
The War on Gold Ensures the Dollar’s Downfall - 12th May 22
Crypto Investors Stable Coins TERROR as Terra USD COLLAPSEs towards ZERO, Tether Next! - 11th May 22
INFLATION IS KILLING SILVER - 11th May 22
The Dominant Investing Theme of the Decade - 11th May 22
Is Bitcoin Headed to Zero? - 11th May 22
RECESSION RISKS 2023 - 10th May 22
The Future of the Dollar Seems So Bright It’s Blinding Gold - 10th May 22
Take Advantage When Markets Succumb to Fear - 10th May 22
How to Recognize a Less\ Than Obvious Opportunity (In focus: Corn) - 10th May 22
How to Ensure Financial Stability for Your Family - 10th May 22
The Stocks Stealth BEAR Market - 9th May 22
A Strengthening US Dollar Is A Double-Edged Sword - 9th May 22
Making Wise Investment Decisions - 9th May 22
Ways to legalize a Moving Company - 9th May 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

US Iraq War dead exceeds 9/11 as America ponders defeat

Politics / Iraq War Oct 18, 2006 - 12:00 AM GMT

By: Sarah_Jones

Politics

With 2 weeks to go, the US war dead in Iraq reaches 71 and signals October is likely to be the worst month so far. Whilst at the same time exceeding the numbers killed on 9/11 In addition to the dead are the wounded numbering more than 25,000. Let alone the iraqi dead estimates of whom go as high as 600,000.

The talk in the White House is now of an exit strategy, the key phrase being used is 'redeployment' rather than withdrawal, redeployment in plain language is withdrawal out of Iraq.

Who will fill the void ? The only possibility is of handing over partial responsibility to Iran and Syria to subdue insurgent factions so as to prevent civil war in Iraq, as both countries presently as stoking the fires of civil war, whereas should the US leave Iraq, it is likely they would want a stable neighbor as the conflict could spill over into Iran and Syria.


In economic terms the war is costing the US some $300 billions per year, when taking into account medical costs of injured soldiers. This means the total real cost now exceeds $1 trillions !!! Given the debt situation, clearly the the war costs are not sustainable, and a significant reason why the US is being defeated in Iraq and not enough resources have been deployed to win what is increasingly turning out to be an un winnable war.

As the US is forced to withdraw from Iraq in effect defeated, it will do incalculable harm to Americas reputation, both in political and economic terms, though the initial response in the financial markets may be one of relief, though that is expected to be short lived !


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments


30 Oct 06, 03:26
Re: US Iraq War dead exceeds 9/11 as America ponders defeat
As evil as he was, Saddam was the glue that held that place
together. I suspect it will break apart into two or three countries with the
Shiaas becoming allied with Iran. What irony, Bush and neocon wisdom will
have succeeded in winning the Iraq-Iran war for Iran! Americans are now
dying for Islam...another great irony.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in