Tag Archives: chasing-china

Spend Now, Save Later

By E.J. Dionne, Jr. Do Democrats honestly think that nickel-and-diming on stimulus now will either have a substantial impact on the long-term deficit or be of greater help to them in this fall’s elections than more robust growth? Related Entries June 13, 2010 They Just Found $1 Trillion in Afghanistan June 13, 2010 Stealth Superpower: How Turkey Is Chasing China in Bid to Become the Next Big Thing

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Spend Now, Save Later

They Just Found $1 Trillion in Afghanistan

Afghanistan was thought to be a hardscrabble wasteland good for producing little more than opium, that is until a gang of American geologists working from old Soviet maps uncovered a variety of mineral deposits thought to be rich enough to radically alter our whole concept of Afghanistan and the war to control it. New York Times: The United States has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials. The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe. Read more Related Entries June 13, 2010 Stealth Superpower: How Turkey Is Chasing China in Bid to Become the Next Big Thing June 13, 2010 Obama Wants $50 Billion For Teachers, Cops and Firemen

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They Just Found $1 Trillion in Afghanistan