Sunday, December 31, 2017

Alastair Crooke — Behind Korea, Iran & Russia Tensions: The Lurking Financial War

While out of paradigm with MMT, the conventional thinking underlying the scenario that Crooke depicts reflects a widespread view that is shared by most political leaders who are responsible for shaping the world through their decisions. This thinking lies at the basis not only of global finance but also geopolitics and geostrategy. So, it is important to understand it because it is shaping emerging events of great consequence. Financial warfare can easily turn into military warfare, and there are a number of hotspots already as we enter 2018 — North Korea, the South China Sea, Taiwan, Ukraine, Syria, Iran, Yemen, etc. The fuse is burning.

Strategic Culture Foundation
Behind Korea, Iran & Russia Tensions: The Lurking Financial War
Alastair Crooke | Former British diplomat, founder and director of the Beirut-based Conflicts Forum.

1 comment:

Matt Franko said...

"what, it seems, might be bringing matters to a head is not just President Trump’s need for a higher debt ceiling"

Depending on how fast the firms start to repatriate the previously untaxed offshore savings, Trump might be able to go 2 years without a debt ceiling increase...