Reading the actual article instead of just the headline, here’s a summary of their arguments. There are multiple powder keg situations around the world that are either exploding or simmering. Iran and its proxies, Russia and Ukraine, China and Taiwan. They could all turn into an interconnected war at any moment. Yet markets, which supposedly factor in these possibilities, are still very high.
What this is not saying is that another world war would be secondary to investor yields. They make that explicit:
This scenario would of course place financial damage a long way down the list of horrors.
Yeah I’m not seeing the outrage on this one. It’s The Economist. They discuss the economy. If Animals Monthly did a piece on the conflict, I’d expect it to be pretty focused on the impact to animals, and I don’t think that means they’re minimizing the humanitarian aspects of the conflict.
I really want a prescription to Animals Monthly. That’s sounds fucking sick. I love animals. I love months. Edit:don’t you dare correct me. This ain’t fucking Reddit.
Holy shit. I forgot all about zoo books. I’m 38. I remember those goddamn things and they were just as awesome in person as they were on the infomercials
Don’t confuse The Economist for dipshit right wingers in the US. They’re center-right Brits, which are their own breed. Not that I agree with them all the time, mind you.
Having had a subscription to it for a decade, I would say they’re hardcore neolibs, which would make them straight Rightwing (maybe even Hard Right) in an economic sense, though liberal when it comes to non-economic subjects since any true neoliberal couldn’t care less about things like people’s sexual orientation.
Even though the Overtoon Window in the UK is a lot more to the Right than it used to be and more than most of Continental Europe, it hasn’t lead to the kind of raging near-theocratic autoritarianism in the moral space that you see in the US (there is some of it but not anywhere as extreme: for example being anti-immigrant is common on the rightmost segment in the UK but being anti-LGBT is not) - the shift to the Right is mainly about how resources are distributed in society and the “moralism” angles you see more commonly are things like spreading the idea that the Poor are just lazy to justify reductions in the Social Safety Net and to further reinforce the idea that Wealth is the product of merit (which is quite funny given that the UK has the lowest Social Mobility in Europe, hence there wealth is mainly the product of luck of birth)
It’s not quite as good as bringing „light inside the body, either through the skin or some other way“, injecting disinfectant and eating horse medicine.
It would mean permanent disruption of asset integrity, a new kind of revenue flow where the only thing that matters is your physical access to scarce freshwater, and adjusting to market conditions where you are being physically welded to the hood of a car owned by the warlord leader of a gang of what will be known as “mega cannibals”.
…Just like I assume the article in The Economist says.
There is an archive link to the article. If you want to say something smart, read that. Otherwise, just assume that you’re going to say something uninformed.
If this is the kind of smart thing I’ll be saying after reading the article I’ll just assume that I’m going to say something uninformed, thank you very much. I would expect this kind of casual aggression from our future mega cannibal overlords that I am still sure the article speaks about at length, but not from a new internet friend and “thread buddy” like you.
Could financial markets once again be underpricing the risk of a global conflict? In the nightmare scenario, the descent into a third world war began two years ago, as Russian troops massed on the Ukrainian border.
These idiots forgot Russia annexed Crimea a decade ago.
And at the time they moved fast enough and the Ukrainian government was inept and the military untrained and underequipped to do anything about it. That’s why the status quo was accepted like that.
In the first days of the Ukraine war a lot of western leaders were rather sceptical of Ukraines chance to defend itself and more than happy to write them off and accept a new order, if it doesn’t interfere with the Russia business.
Something similiar can also be seen from the US in WW2, were before Pearl Harbor it seemed the US was mostly accepting and seeing how to deal with a new world order, with Europe under Nazi control.
To them the danger never arises from any status quo or a quick change of status. Only a continued long lasting changing process is what they fear and get troubled by.
I vote we force anyone whose incomes is more than 35% of their income is investing to be either sent to the front lines or be used for military testing.
One could imagine that already with all the human loss we have lost some technology maybe for decades. Like some of those fallen to the hands of ruzzia could have been the only ones in the world who understood a particular scientific problem. There’s probably technological loss already that will affect the world.
nottheonion
Active
This magazine is from a federated server and may be incomplete. Browse more on the original instance.