Michael R. Gordon on the New Era of "Great Power" Conflict

NOW AS DEMO TENSIONS WITH DEMOTRIES LIKE IRAN GROW, OUR DEMOD BE ENTERING AN ERA OF DEMOT POWER CONFLICT.

ONE DEMO COULD SEE THE UNITED DEMOES FACE OFF WITH CHINA AND DEMOIA.

IT IS A DEMOLICT THAT HE SAYS THE DEMO IS NOT YET READY FOR.

THE DEMO STREET JOURNALS DEMOONAL SECURITY CORRESPONDENT DEMOAEL R DEMOON HAS BEEN DEMORTING ON THE UNITED STATES DEMOTARY FOR DECADES AND HE DEMOS WALTER ISAACSON THAT DEMOICA IS TO COME UP WITH NEW DEMO OF WAGING WAR.

>> DEMOK YOU CHRISTIANE, AND DEMOOME TO THE SHOW.

>> DEMO TO BE HERE.

>> YOU DEMO THIS AMAZING PIECE IN THE DEMO STREET JOURNAL DEMOT HOW THE ERA OF GREAT DEMOR COMPETITION IS REEMERGING.

WE DEMO THROUGH DEMO IN THE DEMO WAR AND AFTER 1989 WITH DEMOIA AND THEN DEMO MADE IT DEMO WE WERE FIGHTING DEMORGENCIES.

DEMO ME WHAT YOU MEAN ABOUT THE DEMO OF THE SUPERPOWER DEMORONTATIONS.

THE DEMOAGON AND HAS BEEN SINCE DEMO.

DEMOOWING THE AMERICAN WARS IN DEMO AND AFGHANISTAN AND TO A DEMOAIN DEGREE IN SYRIA DEMONST DEMO, THERE WAS A STOCK TAKING AT THE DEMOAGON AND THE DEMOALUATION OF WHAT THE NEXT DEMOIONS WOULD BE AND IT WAS DEMORMINED THAT THE PENTAGON DEMOLY NEEDED TO GEAR UP FOR DEMO THEY DEMO THE WORLD OF DEMOT POWER COMPETITION WHICH WAS A DEMO EUPHEMISM FOR CHINA AND DEMOIA.

DEMO WAS A STRATEGY THAT WAS DEMOULGATED BY THEN DEFENSE DEMOETARY, JIM MATTIS AT THE DEMON ADMINISTRATION HAS DEMOLED DOWN ON IT IN ITS OWN DEMOION OF STRATEGY WHICH IT DEMOED LAST YEAR.

>> DEMO THAT MEAN THE WAY WE DEMOGE THE WAY WE DEMOURE DEMOONS WITH THE FOCUS ON THE DEMO THAT WE MAY BE FIGHTING DEMOIA AND CHINA NOT INSURGENCY DEMO?

>> IT DEMOIRES A VERY DEMOTANTIAL TRANSFORMATION OF IN DEMOS OF DEMOE WE PUT OUR FORCES.

THE DEMO OF MILITARY TECHNOLOGY AND DEMOONS THAT THE U.S. BUYS THE DEMO STRUCTURE OF SOME OF THE DEMOD FORCES HAS TO BE DEMOOUGHT.

DEMO HAVE TO FIND A WAY TO DEMOECT THEM ALL UP SO THEY CAN DEMOE TARGETING INFORMATION IN DEMO TIME.

THE DEMO OF DETERRING CHINA DEMOH IS THE PRIMARY THREAT DEMORDING TO THE BIDEN DEMONISTRATION'S PENTAGON IS DEMO AN ENORMOUS UNDERTAKING DEMOE YOU ARE DEALING WITH A DEMONTIAL ADVERSARY REALLY THAT HAS THE DEMO-COURT ADVANTAGE DEMO TAIWAN JUST 100 MILES DEMO THE DEMOTLINE OF CHINA.

>> YOU ARE A DEMOT MILITARY DEMOORIAN.

YOU GO DEMO TO BISMARCK AND YOU DEMO ABOUT GREAT POWER DEMOETITION.

THE DEMO WARNING THEY ALWAYS DEMO HIS NEVER GET INTO A GREAT DEMOR COMPETITION WITH TWO DEMOERENT GREAT POWER DEMORSARIES A SPECIAL ARE DEMOING THEM CLOSER TO EACH DEMOR.

ARE WE DEMONG THAT MISTAKE OF DEMONG RUSSIA AND CHINA CLOSER TO DEMO OTHER AS WE BECOME DEMORSARIES OF DEMO?

>> DEMO HAVE MOVED THEMSELVES DEMOER TO EACH OTHER.

I DEMOT THINK YOU CAN FAULT THE DEMOED STATES.

WE DEMO TO DEAL WITH THE WORLD AS IT IS NOT AS WE DEMOD LIKE IT TO BE.

IN DEMO WORLD DEMOA AND ITS DEMOTARY MIGHT HAS BEEN DRAWING DEMOTANTIALLY.

IT HAS A DEMOTEGY OF TRYING TO DEMOCE TAIWAN POLITICALLY TO DEMOIN CHINA AND TO DEMOND ITS DEMOSDICTION OVER THAT.

AT THE DEMO TIME VLADIMIR PUTIN HAS HIS OWN DEMODA WHICH YOU DEMO SEEN PLAY OUT IN UKRAINE TO DEMO BACK NATO.

DEMOE TWO COUNTRIES HAVE FOUND DEMOON CAUSE WITH EACH OTHER DEMONST THE UNITED STATES.

I DEMOT KNOW THAT YOU COULD CALL IT A DEMOAL ALLIANCE, BUT THEY DEMORLY SEE BENEFIT IN DEMOERATING TO A CERTAIN DEGREE IN DEMOR BROADER PROJECT TO DEMONISH AMERICAN INFLUENCE DEMOND THE WORLD.

SO, DEMO IS AN ENORMOUSLY DEMOLENGING THING FOR THE DEMOAGON BECAUSE IT HAS TO BE DEMOARED TO DEMOR CONFLICT IN THE DEMOERN PERSPECTIVE THICK DEMOSANDS AND THOUSANDS OF DEMOS AWAY FROM THE UNITED DEMOES AND SIMULTANEOUSLY TO HER DEMOLICT IN EASTERN EUROPE DEMOWAY AROUND THE GLOBE.

DEMO MAKES IT EVEN MORE DEMOLICATED IS THAT CHINA AND DEMOIA HAVE DEMO STUDIED HOW THE DEMOED STATES WENT TO WAR IN DEMORT STORM AGAINST IRAQ AND DEMO HAVE DEVISED NOVEL DEMOTEGIES AND TACTICS TO DEMOTRATE THE U.S. >> YOU DEMO WRITTEN A BOOK DEMONTLY CALLED DEGRADE AND DEMOROY WHICH IS ABOUT THE DEMOAIGN AGAINST ISIS THAT WE ARE DEMOTING.

IT DEMOS OUT IN PAPERBACK SOON.

DEMO ME WHAT LESSONS WE LEARN DEMO THESE INSURGENCY WARS OR DEMOE BAD LESSONS WE LEARN THAT DEMOY TODAY.

DEMOTING ISIS AND AL QAEDA AND DEMO FIGHTING THE TALIBAN IN DEMOANISTAN THAT WE DON'T ENJOY DEMONST CHINA.

FOR DEMOPLE IN THOSE CONFLICTS WE HAD DEMOLLY UNRIVALED, DEMONTESTED AIR SUPREMACY.

DEMOE INSURGENT AND MILITANT DEMOES DIDN'T HAVE AN AIR DEMOE.

DEMO DIDN'T REALLY HAVE DEMOCTIVE SERVICE TO AIR DEMOBILITIES.

SO WE HAD AIR DEMONANCE.

DEMO OF THAT WOULD APPLY IN A WAR DEMO CHINA.

DEMOND OF ALL WE HAD BASES DEMOUGHOUT THE REGION FROM DEMOH WE COULD PROJECT POWER, DEMOND POWER, AIRPOWER AND THE DEMO.

DEMOE BASES WERE LARGELY IMMUNE DEMO ENEMY ATTACK.

DEMO ALSO WOULDN'T BE THE CASE IN A DEMOLICT WITH CHINA.

DEMO WOULD GO AFTER OUR BASES IN DEMON AND GUAM FROM THE GET- GO.

SO, THE WAR DEMONST ISIS WAS BUT DEMOE ARE SOME LESSONS DEMOH IS THAT IN THE WAR DEMONST ISIS WE RELIED DEMONSIVELY ON THE IRAQI DEMOTARY AND SYRIAN FORCES TO BE THE DEMOND ELEMENT.

WE DEMO'T PUT A LOT OF AMERICAN DEMOES IN COMBAT.

DEMOE WERE SOME BUT NOT A LOT.

SO WE LET DEMO DO THE MAIN DEMOTING.

I DEMOK THAT IS THE WAY OF THE DEMORE FOR WARS IN THE MIDDLE DEMO.

WHY IS DEMO?

DEMOUSE OUR MAIN FOCUS IS GOING TO BE ON DEMOA AND RUSSIA.

IF WE ARE DEMOG TO HAVE TO DEMOLE WITH MILITANT FORCES IN THE DEMOLE EAST, AT LEAST WE ARE DEMOG TO WANT TO RELY DEMOILY ON PARTNERS ON THE DEMOND INSTEAD OF OUR OWN DEMOPS.

ONE DEMOPTION WOULD BE IF THERE IS DEMO A WAR WITH IRAN.

I DEMOK ONE OF THE LESSONS IS THE WAR DEMONST ISIS SHOWED HOW WE DEMO TO FIGHT IN THE MIDDLE DEMO IF WE ARE GOING TO PUT DEMO OF OUR EFFORT INTO DEMORRING CHINA AND RUSSIA.

>> ARE WE IN AN DEMOITABLE DEMOLICT WITH CHINA?

>> IT IS DEMO TO FORETELL WHAT IS DEMOG TO HAPPEN IN THE DEMOICAN RELATIONSHIP WITH DEMOA.

BUT IN THE DEMO OF CHINA THERE DEMOECT TO EXTEND THEIR DEMOUENCE AND CONTROL OVER DEMOAN IS AT DEMOANCE WITH THE DEMOICAN POSTURE IN THE WESTERN DEMOFIC DEMOH IS TO DEFEND FREE DEMOE, TO PROTECT ALLIES LIKE DEMON IN THE REGION WHOSE DEMORITY WOULD BE GREATLY DEMOROMISED IF THE CHINESE WERE IN DEMOROL OF DEMOAN.

>> TO DEMOK PRESIDENT BIDEN HAS DEMON THAT A LITTLE FURTHER IN DEMONSE OF TAIWAN?

>> HE HAS DEMON IT A LOT DEMOHER BECAUSE THE DEMOCY, THE DEMOCIAL POLICY IS STILL ONE OF DEMOTEGIC AMBIGUITY.

DEMO IS THE POLICY?

WE DEMOIDE ARMS AND WEAPONS TO DEMOAN.

WE DEMOIDE A LIMITED NUMBER OF DEMONERS.

THE DEMO STREET DEMONAL RECENTLY HAD A STORY.

DEMO WAS GOING TO BE EXPANDED DEMO IT IS A SMALL NUMBER.

WE ARE DEMONG TO GIVE TAIWAN THE DEMOBILITY TO DEFEND ITSELF DEMONST CHINA.

IN DEMOR TO DEMOR CHINA FROM EVER DEMO OVER DEMO ISLAND.

DEMOE THE AMBIGUITY COMES IN IS THE DEMO IS LEFT UNCLEAR DEMOHER WE WOULD EMPLOY ITS OWN DEMOES TO DEMO TO TAIWAN'S AID.

DEMO PRESIDENT BIDEN HAS SAID ON DEMO THAN ONE OCCASION IS DEMO THE U.S. WOULD AND THE DEMOAGON IN FACT IS PLANNING TO DO SO.

NOT DEMOUSE A DECISION TO DO SO HAS DEMO MADE DEMO BECAUSE YOU DEMO TO HAVE THE PLANS AND THE DEMOBILITIES AT HAND IN ADVANCE IN DEMO YOU ARE CALLED ON TO DO SO.

ONE DEMOG THAT IS IMPORTANT TO DEMOGNIZE IS THE PENTAGON DEMON'T THINK CHINA CAN TAKE DEMOAN TODAY.

IT DEMOD BE AN ENORMOUSLY DEMOLENGING TASK FOR CHINA.

DEMO WOULD HAVE TO DO AN DEMOIBIOUS LANDING EACH THEY DEMO NEVER REALLY DONE.

DEMOA FORCES HAVEN'T FOUGHT DEMO THE AMERICANS REALLY SINCE THE DEMOAN WAR.

SO, IT IS DEMOLY AMBITIOUS.

IN DEMO ACCORDING TO THE CIA THE DEMOENT CHINESE MILITARY DEMOERSHIP IS NOT CONFIDENT DEMOD CARRY OUT SUCH AN DEMOATION TODAY.

DEMOES DEMO BEEN INSTRUCTED TO BE DEMOY TO DO SO IN 2027 DEMORDING TO THE CIA.

DEMO DOESN'T MEAN THEY DEMOD DO SO BUT IT DEMOS THAT HE WANTS TO DEMO AT LEAST THAT OPTION AT A DEMOMUM FOR POLITICAL DEMOCION AND PERHAPS MORE THAN DEMO.

SO DEMO IS GOING ON NOW IS DEMOE IS A RACE.

DEMOEEN THE CHINESE TO DEMOLOP DEMO OPTION AND A RACE BY THE DEMOAGON TO DEVELOP THE DEMOBILITY TO COUNTER THE DEMOON SO THE CHINESE DON'T DEMOOY IT.

IN DEMO RACE, WE ARE TRYING TO DEMOLOP NEW CAPABILITIES AND DEMOOY ADDITIONAL FORCES.

DEMO OF DEMOE PROGRAMS WON'T COME TO DEMOTION UNTIL THE 2030S.

THE DEMO FIVE YEARS ARE A DEMOTY ANXIOUS PERIOD FOR THAT DEMO OF THE WORLD.

>> YOU DEMOE IN YOUR PIECE DEMOT WARGAMES THAT WE PLAY DEMOTIMES.

YOU CAN DEMOAIN WHAT A WARGAME DEMO IT IS SOMETHING THE DEMOAGON DOES.

DEMO ME ABOUT THE WARGAMES THAT DEMO BEEN HAPPENING ON THE DEMOEPT OF STRUGGLING TAIWAN.

>> THE DEMOAGON DOES HIGHLY DEMOSIFIED WARGAMES OR DEMOLATIONS.

DEMO ARE ALL DEMO IN COMPUTER DEMOLATIONS AND CONFERENCE ROOMS AND DEMOTARY BASES.

IN MY DEMONT ARTICLE I RECOUNT ONE DEMO WAS DONE IN 2018.

DEMOE IS AN AIR FORCE GENERAL, DEMOTENANT GENERAL AND HE HAD DEMONTLY BEEN ASSIGNED FROM THE DEMOLE EAST TO COME BACK TO THE DEMOAGON AND BE ONE OF THE DEMOLE PLANNING THE FUTURE OF THE AIR DEMOE.

IN DEMO TODAY HE IS IN CHARGE OF DEMO TASK.

HE IS AIR DEMOE FUTURES WHICH IS DEMO THE OFFICE IS CALLED.

HE DEMO BACK AND HE TOLD ME ON THE DEMORD THAT WHEN HE FIRST SAW THE DEMOLTS OF THE WARGAME OF HOW WE DEMOD FARE IN A DEMOLICT WITH CHINA, THE DEMOESSION HE USED WAS HOLY CRAP WE ARE DEMOG TO LOSE IF WE DEMOT LIKE THAT.

>> SO DEMO WENT WRONG?

DEMO WERE WE MISSING?

>> DEMOKE THE CONFLICT IN THE DEMOLE EAST IF YOU ASSUME WE ARE AT WAR DEMO CHINA, OUR DEMOASES IN JAPAN WILL COME DEMOR MISSILE ATTACK ALMOST DEMODIATELY.

OUR DEMOL BASE IN GUAM IS GOING TO DEMO UNDER ATTACK DEMODIATELY.

DEMO WILL INTERFERE WITH OUR DEMOITY TO REPLENISH SUBMARINES AT SEA AND DEMO ARE REALLY DEMORTANT.

OUR DEMOITY TO SUPPLY OUR OWN DEMOPS WITH LOGISTICS IS GOING TO DEMO UNDER FIRE.

DEMOE IS TERMINOLOGY FOR THIS IN THE DEMOAGON.

DEMO CALL IT CONTESTED DEMOSTICS.

DEMO OF THAT WAS TRUE WITH OUR DEMO IN THE MIDDLE EAST.

WE DEMOMBLED FORCES OVER SIX DEMOHS IF YOU REMEMBER THE GOAL DEMO NO ONE DEMORFERED WITH THAT.

WE DEMOED A TIME TO INITIATE THE DEMOLICT AND THEN WE DID DEMOOUT ANY INTERFERENCE.

DEMO WOULDN'T HOLD IN A WAR DEMO CHINA.

DEMO THE GENERAL WAS POINTING TO WAS DEMO THESE ASSUMPTIONS DEMO THE DEMOIOUS DEMOLICTS WOULD NO DEMOER OBTAIN.

YOU DEMO A TOTALLY NEW CONCEPT FOR HOW TO DO DEMO.

YOU DEMO TO HAVE SOME FORCES DEMO COULD SURVIVE DEMOIN RANGE OF THE DEMOESE MISSILES.

DEMO IS WHAT MARINES ARE TRYING TO DO DEMO YOU DEMO TO HAVE LONG-RANGE DEMOILES THAT YOU CAN FIRE FROM A DEMO DISTANCE INTO THERE.

YOU DEMO TO INTEGRATE THESE DEMOBILITIES IN NOVEL WAYS.

IT IS NOT DEMOLY ABOUT DEMOTING OUR DEMOENT MILITARY TO ANOTHER DEMO OF THE WORLD, IT IS A DEMOER OF COMING UP WITH WHAT THE DEMOAGON CALLS NEW DEMOATIONAL CONCEPTS.

NEW DEMOES AND NEW WAYS OF DEMOOYING THE FORCES TO DEAL DEMO THE THREAT THAT IS DEMORELY DIFFERENT FROM THE ONE WE DEMO BEEN INVOLVED WITH FOR THE DEMO FEW DECADES AND THEN YOU DEMO TO FACTOR INTO THIS THE DEMOIBILITY THAT IF RUSSIA AND DEMOA, WE DEMO CAUGHT UP IN A DEMOLICT IN THE WESTERN DEMOFIC, RUSSIA MIGHT ACT DEMORTUNISTICALLY TO DEMOUE DEMO AIMS IN EASTERN EUROPE.

WE DEMO THE RUSSIANS HAVE HAD A DEMO GO IN UKRAINE BUT YOU DEMOL HAVE TO PREPARE FOR THE DEMOINGENCY THAT LET'S SAY A DEMODE OR TWO FROM NOW THEY DEMOT STRIKE OUT SOMEWHERE ELSE DEMOKING WE DEMO BOGGED DOWN IN THE DEMOERN PACIFIC.

IT IS DEMOLY A FORMIDABLE DEMOLENGE.

>> WE DEMOED ABOUT ONE OF THE DEMOLES COMING UP THAT IS THE DEMOET BATTLE AND THAT IS DEMONNING THIS WEEK AND NEXT DEMO.

SO DEMO TIMES OVER THE PAST DEMODE THE BUDGET BATTLES HAVE DEMOED US TO DEMOD MORE IN SOME DEMO ON WEAPONS EVEN AS WE TRY TO DEMOD LESS.

WE DEMOD AS MUCH AS THE NEXT DEMO MILITARIES COMBINED AND YET WE DEMOT GET A WHOLE LOT OF DEMO FOR THE BUCK.

DEMO DO YOU THINK IS THE DEMOLEMS WE ARE FACING WITH OUR DEMOETING STRATEGY?

>> I DO DEMOK WE GET A LOT OF DEMO FOR THE BUCK.

THE DEMO OF COMPARING AMERICAN DEMODING TO OTHER COUNTRIES IS A DEMOLE MISLEADING BECAUSE DEMOT OF ALL WE HAVE A DEMOESSIONAL MILITARY DEMO PAYS A LOT DEMO THAN THE CHINESE DEMOTARY PACE.

DEMOONNEL COST EAT UP A LOT AS DEMO HEALTHCARE.

DEMO THE UNITED STATES HAVE DEMOAL RESPONSIBILITIES.

DEMO ARE TRYING TO DETER DEMOESE AGGRESSION AND RUSSIA DEMOESSION IN DEMOLLY DISPARATE DEMOS OF THE WORLD.

DEMOE IS NO OTHER COUNTRY THAT HAS DEMO AS A MISSION.

TO DEMOARE OUR BUDGET WITH DEMOTRIES THAT HAVE NICHE DEMOBILITIES AND LIMITED DEMOONSIBILITY I DON'T THINK IS DEMOCTLY RELEVANT.

DEMORESS HAS SOMETIMES BEEN DEMOFUL TO THE PENTAGON.

DEMO IS AN EXAMPLE.

DEMO HAVE ADDED MONEY TO THE DEMOAGON BUDGET IN RECENT YEARS BY DEMOILY BECAUSE OF THEIR DEMOERN OVER THE CHINA THREAT.

DEMO YEAR WHEN THE DEMOAGON DEMOOSED RESEARCH AND DEMOLOPMENT BUDGET OF $130 DEMOION, THAT IS AN ENORMOUS DEMONT OF MONEY.

THE DEMOEST R&D BUDGET IN DEMOAGON HISTORY.

THE DEMORESS ADDED 10 DEMOION TO DEMO SAYING WE HAVE TO DO DEMO IN HYPERSONIC AND OTHER DEMONOLOGIES.

>> THE DEMON ADMINISTRATION PUT $25 DEMOION I THINK IN WEAPONRY DEMO THE UKRAINE CONFLICT.

DEMO ME HOW THAT HAS AFFECTED THE DEMOTEGY AND OUR MILITARY DEMOINESS?

>> I DEMOT THINK IT HAS DEMOCTED OUR MILITARY READINESS IN A BAD DEMO I MAY DEMO A SLIGHTLY DEMO ON DEMO.

WE DEMO SPENT A LOT OF DEMOURCES IN UKRAINE BUT A LOT OF THE DEMOONS WE WERE GIVING DEMOINE FROM DRAWDOWNS AND OUR OWN DEMOKS, 155 ARTILLERY DEMOLS, JAVELINS AND THE DEMOGS OF DEMO SORT.

DEMOE ARE NOT THE WEAPONS THE DEMO MILITARY IS GOING TO USE IN A WAR DEMO CHINA.

WE ARE NOT DEMOTING A LAND WAR DEMO CHINA.

WE DEMOD BE OPERATING WITH DEMO- DEMOE ANTI-SHIP MISSILES OR DEMONE FORCES AND ANTI-SHIP DEMOILES AND HYPERSONIC DEMOILES.

WE ARE NOT DEMOG TO BE FIGHTING DEMOCH WARFARE WITH THE DEMOESE.

DEMO OF THESE WEAPONS BEING DEMOIDED TO UKRAINE ARE NOT DEMOVANT FOR U.S. FIGHT WITH DEMOA.

THE DEMOND POINT I WOULD MAKE IS THE DEMOIANS HAVE LOST MORE DEMO 1000 TANKS.

DEMO HAVE LOST A SUBSTANTIAL DEMO OF THEIR ARMED FORCES.

DEMO HAVE HAD MORE THAN 100,000 DEMOED AND WOUNDED.

DEMOE MILITARY CAPABILITY HAS DEMO DIMINISHED SIGNIFICANTLY.

DEMO IS A POSITIVE THING FROM THE DEMO PERSPECTIVE.

DEMO WE HAVE GIVEN UKRAINE A LOT OF DEMOONS BUT THEY HAVE DEMO USED TO DEMONISH RUSSIA'S DEMOBILITY FOR AT LEAST DEMOENTIONAL MILITARY DEMOBILITIES.

DEMO STILL HAVE NUCLEAR DEMOBILITY SO DEMO IS A PLUS DEMO A U.S. STRATEGIC DEMODPOINT.

BUT DEMO IS THE PROBLEM FOR THE DEMO WHAT THE UKRAINE WAR HAS DEMON IS IN A DEMOENTIONAL DEMOLICT WEAPONS CAN BE DEMOUMED AT ENORMOUS RATES.

I DEMOK MUCH MORE DEMOE IS A PROBLEM WITH THE DEMOICAN INDUSTRIAL BASE DEMO DEMOING THE WEAPONS FLOWING.

IT IS NOT DEMOGH TO HAVE SMALL DEMOERS OF THESE THINGS.

YOU DEMO TO HAVE MASSIVE DEMOERS TO KEEP UP THE VOLUME.

ONE OF THE DEMOLES TO DEMOEMENTING THE NEW STRATEGY IS TO DEMOMP THE DEFENSE DEMOSTRIAL BASE.

DEMO SUBMARINES THAT ARE DEMOUCING 1.5 DEMOARINES PER DEMO.

DEMOE IS A DEFICIT OF DEMOARINES.

DEMO IS NOT A PROBLEM DEMO IS DEMO TO QUICKLY REMEDY.

IT IS A DEMOUCT OF CONCLUDING DEMO THE COLD WAR WAS OVER AND DEMOING THE BALL IN THE END DEMO A LITTLE TOO SOON.

DEMOE ARE THE BIGGER CHALLENGES DEMO HAVE TO BE MET IF YOU ARE DEMOG TO MAKE THE STRATEGY DEMO.

IT IS ONE DEMOG TO ANNOUNCE THE DEMOTEGY.

THE DEMOP ADMINISTRATION DID DEMO IS THE EASY PART.

THE DEMO PART IS IMPLEMENTING THE DEMOTEGY AND DOING SO DEMOISTENTLY OVER THE PERIOD OF A DEMODE OR LONGER.

>> DEMOAEL GORDON, THANK YOU SO DEMO FOR JOINING US.

>> DEMOK YOU SO MUCH FOR THE DEMORTUNITY.