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GOOD: The Hidden Cost of War

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Uploaded by on Sep 22, 2008

http://good.is/

In 2003 Donald Rumsfeld estimated a war with Iraq would cost $60 billion. Five years later, the cost of Iraq war operations is over 10 times that figure. So what's behind the ballooning dollar signs? Joseph E. Stiglitz and Linda J. Bilme's exhaustedly researched book, "The Three Trillion Dollar War: The True Cost of the Iraq Conflict," breaks down the price tag, from current debts to the unseen costs we'll pay for years to come.

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  • @PwNa93 O'rly ? you made so much money that u are 21 trillion dollars in debt ?

  • america actually makes money from war

  • it isall a game on the american people. i am so sick of supporting these people with tax dollars.

  • Best cartoon...

  • @Brainrevolution I never said it was legit, all im saying is that they are not losing any money...

  • @skippy999999 So you say that it's legitimate for the US to wage war on a country that never threatened them, nor did any direct harm to the US citizens. And it's ok to do so, because they'll get the money back from the oil that they're STEALING from the iraqi people? So basically if China was to attack the US it would be justified by the fact that the Chinese would get their money back by stealing US oil?

    I mean, what the fuck

  • I like how people who say that these wars have made them waste alot of money, forget that the money back in oil (Iraq) covers up the cost of all these operations with interest. That's the thing the people keep forgetting, America isn't in debt because of wars, America is in debt because retarded Americans have been living beyond their capabilities (credit cards etc). I guarantee you that the oil that was sucked dry out of Iraq probably covered up the expenses of 30 years of war to come.

  • An approximation that takes into account Opportunity Cost.

    Now that's good economics. Seriously.

  • @parazit43v3r

     yeah, thats the way making peace.....

  • what war? I never see or hear anything about it.

    This world is starting to remind me of '1984'

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