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Monday, March 24, 2008

Iraq war batters US economy

Adla Massoud, Aljazeera.net
Five years since the the US began its invasion of Iraq, the world's largest economy is struggling to cope with the cost - estimated to be at least $500 billion and rising. Two prominent US economists say the Iraq war and the US economy are now inextricably linked. Joseph Stiglitz, the Nobel-prize winning economist, and Linda Bilmes, authors of "The Three Trillion Dollar War," argue that the Iraq war will cost the US at least $3 trillion and possibly as much as $5 trillion... continua / continued

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