Wars always produce death, upheaval and misery, and though the make money for some in the corporate world, they also cost governments (tax payers) money, and Cameron's ego booster, the Libyan war will have an effect on the finances of the nations in NATO. So indirectly the Libyan oil grab will add to the European debt crisis. The following is a short extract from Russia Today.
Read the full article HERE.-----Another adverse factor for the sociaEurope has been the military conflict in Libya.NATO has officially declared its campaign in Libya accomplished, but the war in that country is likely to rage on. The alliance assumed command of all air and naval operations over Libya on 31 March, 2011, titling the war effort Operation Unified Protector. From that day on, NATO air forces (mainly comprised of British and French jets) conducted over 26,000 sorties, including 9,600 air strikes. Needless to say, every single one of those missiles and every gallon of fuel and every day of fighting had a very hefty price tag attached to them. Meanwhile, most allied nations’ budgets for 2011 were not designed to accommodate multi-billion war costs. The expenses assumed by the main sponsors of NATO’s Libya campaign (i.e. Britain and France) make a full-blown European crisis all the more likely – and such a crisis could spark a second global meltdown. ----
No comments:
Post a Comment