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What is interesting is that they are beginning to accept it would impact even on military expenditure and capabilities which have been ring-fenced from all cutbacks until now.

That's one way of reading it.

Another way of parsing the quote in Melanchthon's first comment is that it will take a Great Depression to cut back military expenditure (and then only maybe).

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Apr 12th, 2010 at 03:50:42 PM EST
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