Global

My Top 5 Foreign-Policy Unicorns — and Why I Want to Kill Them

Unicorn


BY STEPHEN M. WALT

On magical creatures and the promises of politicians.
Have you ever seen a unicorn? Me neither. Unicorns are mythical beasts, supposedly imbued with many attractive, even magical, qualities — but, alas, they are not actually real. Nor have I seen any orcs, basilisks, balrogs, or any of the other evil creatures dreamt up by fiction writers: Here, the good news is these don’t exist and never did. Apart from CGI-enhanced movies, anyone who claimed they could find or create one of them would be regarded as something of a crackpot.

Global Wealth Update: 0.7% Of Adults Control $116.6 Trillion In Wealth

Global Wealth

by Tyler Durden
Today Credit Suisse released its latest annual global wealth report, which traditionally lays out what is perhaps the biggest reason for the recent "anti-establishment" revulsion: an unprecedented concentration of wealth among a handful of people, as shown in its infamous global wealth pyramid, an arrangement which as observed by the "shocking" political backlash of the past few months suggests that the lower 'levels' of the pyramid are increasingly unhappy about.

Toward A New World Order?

 

by Tyler Durden
Submitted by Eugen von Bohm-Bawerk via Bawerk.net,

A Brave New World is coming? Perhaps. We had a recent discussion with a group of people in the hopeless business of doing long term forecasting. This made us think about what the world will look like over the next 20 to 40 years. A pretty thankless task, but the bottom line is without a damn good war, Asia will be the way of the future.

THE DANGER OF INADVERTENT WAR IN THE NEXT FOUR YEARS

INADVERTENT WAR

 In 1914, Austria-Hungary launched what it thought would be a short punitive war against Serbia. The next thing it knew, it was involved in a war against Russia, Italy, France, Britain, and then the United States. Four years later, Austria-Hungary ceased to exist. If the Austro-Hungarian government had known where its Balkan intervention would lead, it would never have launched it. But it didn’t know. World War I was an inadvertent war.

Trump and International Security

 Trump International Security


by Richard Kemp

It is the EU, not Donald Trump, that threatens to undermine NATO and the security of the West. An EU defence union will present a direct threat to NATO, competing for funds, building in duplication and confusion, and setting up rival military structures.

Obama’s Final Arms-Export Tally More than Doubles Bush’s

Obama’s Arms-Export Tally


BY MARCUS WEISGERBER, CAROLINE HOUCK

Most of the $278 billion in approved sales have gone to Saudi Arabia and other Mideast allies.

The Obama administration has approved more than $278 billion in foreign arms sales in its eight years, more than double the total of the previous administration, according to figures released by the Pentagon on Tuesday.

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