Draw Breath

I'm sure, like me, you spend most of your waking hours speculating as to why it is that Boeing is doing so much better than Airbus. Of course, to a large extent it has to do with the weakness of the dollar and with the spectacular governance near-meltdown of EADS, Airbus's parent company.

But don't underestimate the power of government intervention. There is of course the thorny issue of who pisses highest (or lowest) on the subsidies wall (see also here and here).

And then there's all that military revenue...

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