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- Apr 12, 2005
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Bringing Down the House
All governments have enemies, internal and external, or at least opponents who do not wish them well: the political opposition, the country next door, the former imperial power. For some, the temptation to bring down the government, destabilize the country, and thus create political chaos will always be there. Even when there hasn't been political meddling, some people will suspect it anyway. Here, then, is a prediction: Political instability will follow economic instability like night follows day. Iceland is no longer alone. Serbia, the Baltic states, Kazakhstan, Indonesia, South Korea, and Argentina are all in financial trouble; so, too, are Russia and Brazil.
We worry lots about the fortunes we might lose, but we should worry most about the lives that will be lost.
- Mike
All governments have enemies, internal and external, or at least opponents who do not wish them well: the political opposition, the country next door, the former imperial power. For some, the temptation to bring down the government, destabilize the country, and thus create political chaos will always be there. Even when there hasn't been political meddling, some people will suspect it anyway. Here, then, is a prediction: Political instability will follow economic instability like night follows day. Iceland is no longer alone. Serbia, the Baltic states, Kazakhstan, Indonesia, South Korea, and Argentina are all in financial trouble; so, too, are Russia and Brazil.
We worry lots about the fortunes we might lose, but we should worry most about the lives that will be lost.
- Mike