OT:
"With regard to the war itself, the expectation for a U.S. victory in Iraq within hours has clearly given way to more cautious expectations. What has not changed is the eagerness to look beyond the war, toward peace, stability, economic growth, and buoyant financial markets which are widely expected to be the fruit of this conflict. This eagerness is problematic. To believe that a war of this nature actually ends with the cessation of open conflict, or to base forecasts of its consequences on that belief, is to take a profoundly narrow view of history, politics, and economics. Indeed, the most predictable outcome of such conflicts is the rise of figures who use hate and resentment as platforms for ideologies bent on "purification." Stalin, Hitler, Pol Pot, and bin Laden all fall into this pattern, to name only a few from the past century. The day that this war ends will undoubtedly be a day of victory for America. The policies that we adopt on the day after will determine the meaning and duration of that victory. "
hussman.com |
