ferguson

Economic Distress and Geopolitical Risks

I think Lewisabroad has it right. The challenges facing the world from global warming to food supply, environmental degredation and income inequality make it clear that we can no longer afford war. It should be clear to leaders all over the world that the common good lies in finding ways to work together. The alternative is catastrophe and not just for those who lose. It is catastrophe for everyone as the six year debacle in Iraq clearly illustrates.

Today, we have a gigantic Saudi oil tanker hijacked by a couple of dozen Somali pirates and there doesn't seem to be anything that all the firepower in the world can do about it. This is ridiculous. We need a world of law and order that provides opportunity for all people and limits the degree to which pirates of all stripes from the Red Sea to Wall Street, Red Square and everywhere in between plunder the world for their own benefit.