DarkSteven -> RE: US missile sale (12/31/2011 4:04:43 AM)
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quote:
ORIGINAL: Termyn8or Well it wouldn't be THAT money. That is "different" money. They way it works is simple, the taxpayers pay the contractors, Arabia "pays" the US government and the money just goes away. They spend every dollar they can print, what do you think they will do with proceeds from the actual sale of our leading export ? It's not so much that the money would disappear into thin air, it's just that they would spend it on something - officially that is. The money was actually spent years ago. But they would spenf it again, probably on something more useful, like defense against a popular uprising - in the US. T^T Um, no. It was a SALE, not a giveaway. quote:
ORIGINAL: erieangel Just a wild guess, but I think most of it goes into the coffers of the military contractors who build the missiles. I would expect all of it to go there, minus any kickbacks to the ruling family. Ignoring the military and political effects and treating this as a pure economic issue, it's nothing more than an export. Americans do work and money is pumped into the national economy. It goes directly to the defense contractor that builds the missiles, and it is spent on Employee and contractor salaries Raw materials used on the missiles Increase in company value or else dividends (i.e., the stockholders benefit)
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