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I'll read your article later, but I hope you're right. I tend to think the need of the military-industrial complexes in Israel and the U.S. for enemies won't disappear, but (Obama's?) realistic caution will hold things down for awhile. And the Suez moment is not here, now, but still five or 10 or so years in the future.

fairleft
by fairleft (fairleftatyahoodotcom) on Thu Sep 2nd, 2010 at 05:11:08 PM EST
[ Parent ]
For me, the 'Suez Moment' is the moment when the chief creditor uses an economic veto as the US did with the UK.

I date that moment for the US to the first half of 2007, but we will probably not know for decades, if ever, exactly what was said, and to whom.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Thu Sep 2nd, 2010 at 05:23:41 PM EST
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