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12-05-2008, 08:28 AM #1
US starts New Cold War with Russia: The New Arms Race
US starts New Cold War with Russia: The New Arms Race
The Cost of Hegemony is Beyond Reach
by Paul Craig Roberts
Global Research, December 4, 2008
Undeterred by massive budget deficits from wars, a falling economy, and financial bailouts, the US government has managed to start a new cold war with Russia. Last Friday, the Russian military announced that it was developing a new generation of ballistic missiles in response to the US government’s decision to deploy ballistic missile defenses in Poland and the Czech Republic.
The “peace dividendâ€
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