God bless [Clinton]
—
Karl Rove, on the secretary of state’s success in starting the war in Libya.
(via Andrew Sullivan)
God bless [Clinton]
—
Karl Rove, on the secretary of state’s success in starting the war in Libya.
(via Andrew Sullivan)
Our unregulated global marketplace is a fantastic conduit for warfare since it is…
- extremely complex (nobody understands it, least of all economists),
- tightly coupled (information travels at the speed, measured in milliseconds, of programmed trading),
- highly leveraged (perched precariously on a mountain of debt),
- and vast (two orders of magnitude larger than the global economy, aka add two zeros to the end of any metric of measurement).
Better than all of the above, in a blindingly fast transition to relativism over the last few decades, the global marketplace is now completely dominated by participants without a moral compass. These participants are completely free of any internal constraints on behavior and hold wealth as the only true metric of success. The only constraint on means is: don’t get caught.
The rest of his post metions how 21st century economic combat between nation states and global guerillas could unfold.