John Foster Dulles Noted That "The Easiest and Quickest Cure

question 28

Essay

John Foster Dulles noted that "The easiest and quickest cure of internal dissension is to portray danger from abroad." What did he mean by this? Do you agree? Cite historical examples that demonstrate your opinion.

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Definitions:

Unleveraged

Describes a situation or investment that does not involve borrowed funds or debt.

Break-Even EBIT

The level of earnings before interest and taxes that will cover all operating expenses and financial charges, resulting in zero net income or loss.

Coupon Rate

A bond's yearly interest payment, represented as a percentage of its face value.

Interest Tax Shield

A decrease in income tax obligations due to subtracting debt interest payments from taxable income.