Cost of protecting Oil Trade Routes - Bash Blog - Bash the Bad Guys

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Cost of protecting Oil Trade Routes

Bash the Bad Guys
Published by in Economy & Money ·
Tags: gulfoilpeakoilhormuz

Interesting analysis by Max Keiser and Stacy Hebert. They point out, based on a newspaper article, that the USA has paid enormous funds over the years to protect the Straits of Hormuz  (Persian Gulf). $8 Trillion over he past 35 years!
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