Re: The Anvil of War and the Ailing American Economy

[Sabri Oncu <soncu@xxxxxxxxxxx>]

>From the Counterpunch article:

> on homeland security. The $10 trillion US economy went
> into a recession that many said would be a V-shaped
> recession, but is proving to be more like a W-shaped
> recession.

Some years ago, I said that the coming recession will be
L-shaped. Obviously I was wrong. In these days, it "feels" like
it is proving to be more like a VL-shaped recession and coming
revisions may still chop that V part. This is just a feeling
though. I have no knowledge of the future, nor I am that
"certain" about the "to-be-many-times-revised" recent past.

If my prediction proves to be right, I suspect we will witness
many a wars, however local/regional they may prove to be. This is
why I think Tariq Ali's call from the UK to the US is very
important:

> And when the bombs begin to drop there will be acts of
> non-violent civil disobedience all over the country.
>
> We need the same in the United States.

We need the same everywhere, indeed.

Best,

Sabri




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