The Lonely Goatherd Blog And before him shall be gathered all nations: and he shall separate them one from another, as a shepherd divideth his sheep from the goats - Matthew 25:32
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Al Barger and MoreThings - getting people's goats since 1998.
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October 29, 2008
The Methamphetamine of the People Ralph Peters is an always excellent and thoughtful reporter and analyst. Today he has a column arguing that we shouldn't be too happy over the severe economic setbacks from recession and falling oil prices among our adversaries, particularly Putin's Russia.
Broadly, the more you got to lose, the less risky behavior you're likely to engage in. Putin stopped halfway across Georgia based on what kind of most likely economic punishment he might get if he went all the way. But the Russian stock market is off 80% from a year ago, and foreign investors want nothing to do with them now anyway. So what more damage could the Europeans or Americans really do, short of actually sending troops for a shooting war?
I particularly note all this because I was caught by this excellent Quote O' the Day:
"Leaders with failures in their laps like the distraction wars provide. (If religion is the opium of the people, nationalism is their methamphetamine.)"
