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The global financial crisis could lead to social unrest and even war, the head of the IMF warned yesterday. Dominique Strauss-Kahn said that the billions already pumped into the world economy risked disappearing into thin air unless there is a massive reform of the financial sector. And he dealt a major blow to Gordon Brown's plans for another debt-funded Budget giveaway by warning that the money might melt "like snow in the sun."
Originally posted by HimWhoHathAnEar
History tells us that wars follow economic calamities. With all the pent up tension in the air from the american empires 'war on no one in particular', it's not hard to believe that there might be some repercussions. China and Russia are already calling for the ouster of the Dollar. Knowing full well what that would mean for america.
Originally posted by TheComte
But, we're already fighting a number of wars.
The war in Afghanistan: not going well.
The war in Iraq: not going well.
The war on drugs: not going well.
The war on poverty: not going well.
At least the war on the environment is going well.
Originally posted by stumason
The Great Depression directly led to WW2 as it allowed extremists to take power in Germany and Japan. Many other wars in history have been as a direct result of economic problems.
It isn't too much of a stretch to think that this particular poo-storm would also cause conflict. Lets just hope that we're on the winning side when it's all over....