• pingveno@lemmy.ml
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    1 year ago

    Reading the actual article instead of just the headline, here’s a summary of their arguments. There are multiple powder keg situations around the world that are either exploding or simmering. Iran and its proxies, Russia and Ukraine, China and Taiwan. They could all turn into an interconnected war at any moment. Yet markets, which supposedly factor in these possibilities, are still very high.

    What this is not saying is that another world war would be secondary to investor yields. They make that explicit:

    This scenario would of course place financial damage a long way down the list of horrors.

    • a lil bee 🐝@lemmy.world
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      1 year ago

      Yeah I’m not seeing the outrage on this one. It’s The Economist. They discuss the economy. If Animals Monthly did a piece on the conflict, I’d expect it to be pretty focused on the impact to animals, and I don’t think that means they’re minimizing the humanitarian aspects of the conflict.

    • This scenario would of course place financial damage a long way down the list of horrors.

      Pathetic. Where is the bootstraps, can do attitude? Risks are just opportunity with thorns! or in this case nuclear warheads.

      • pingveno@lemmy.ml
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        1 year ago

        Don’t confuse The Economist for dipshit right wingers in the US. They’re center-right Brits, which are their own breed. Not that I agree with them all the time, mind you.