Funding the War

Ulhas Joglekar uvj at vsnl.com
Mon Mar 3 09:30:31 PST 2003


Ulhas:
>>Steven wrote:


>>are the boy on the hill going to approve the printing of more fiat?


> I don't know how the direct costs of Iraq invasion are going to be funded,
> but it
> has been reported that "Secretary of State Colin Powell approached Japan
> during his recent trip to Asia about contributing to post-war
reconstruction
> and told reporters that the response had been positive."

The report further states (which I forgot to add) that "the administration has held similar discussions with other nations, hoping to defray the steep costs." Other nations have not been identified in the news report.

Ulhas



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