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Eric Cantor floats year-end trigger bargain

That is correct, at current, if China wishes to invade Taiwan, we can either choose to watch a trading partner get invaded, or watch them start a fire-sale on US Treasuries and crash the dollar. However, as long as there is a possibility that we will decide to take the hit to the Treasury and intervene with carrier groups, they probably/possibly won't. And we absolutely can afford to maintain our current forward deployed nature, and I think even beef up a bit on the Navy side.

If we can agree on a message board that there is nothing we can do, China knows it as well which would lead to the question of why they really are not invading Taiwan.

Defense is one of the few legitimate reasons for our national government. If we are going to dramatically reduce expenditures on something, perhaps we should start with the items that aren't.

Across the board because that affects everyone.
 
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