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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (16137)11/17/2004 11:15:16 PM
From: yard_man  Read Replies (1) | Respond to of 116555
 
it's a disaster on so many levels -- first there is the loss of life -- then there is the fiscal madness -- underneath that is the awful commandering of resources that don't rightfully belong to such a dunderheaded enterprise and all the opportunity costs associated with what could have been instead -- then there are foregone opptys in the future that would have been had capital been employed even one whit closer to what a free market might have directed -- then there is all the blowback and lost opportunities that would have resulted from not having every Arab in the world hating us.

Heck -- this recent biz -- I have no clue whether it has been portrayed rightly or wrongly by the media -- this soldier shooting an unarmed man (maybe he had just cause -- I don't know) -- but the portrayal is a pretty good figure for the whole friggin' conflict -- it's like someone said they were peed off because we polluted their soil, so we proceed to do what's akin to killing one of them in a mosque unarmed. They had no WMD. They weren't a threat to us. Then we got a good rationalization: liberation. Maybe they could have regarded us as liberators for a day while we were pulling down a statue or two of Sadam -- but now they know that is a lie.

That said -- as awful as it is -- I am glad I am only watching.