According to First Read, a gathering current of thought leaders suggest World War 3 has begun without the flame of gun:
Opinion leaders are beginning to come to this conclusion: America is at war dealing with this economic crisis. Warren Buffett was the first to say it earlier this week. Then yesterday, the New York Times’ Tom Friedman declared, “Economically, this is the big one. This is August 1914. This is the morning after Pearl Harbor. This is 9/12.” And the Washington Post’s Steven Pearlstein added, “What we are facing is the economic equivalent of a war.”
Now you can add Newt Gingrich's name to the mix of Obama's military advisers:
.... the world he [Obama] envisioned in the spring and summer of 2008, when he was formulating his political strategy and building his political alliances, has been replaced by a world in economic danger.
.... Gigantic economic dislocations have gigantic noneconomic consequences. The Great Depression led to the rise of Nazi Germany and a militaristic Japan, the spread of communism and World War II.
Keep reading...
One comment -- maybe we shouldn't confer George Marshall on Newt yet (ea).
We are in the midst of the worst economic challenge in 80 years.
Japan's gross domestic product dropped 13% in the fourth quarter. The Russians are so short of cash, they are signing a lopsided 20-year deal for oil sales to China in exchange for a $25 billion loan. Iceland is bankrupt.
Iceland?
This is like Marshall briefing the President on Germany, Japan, Italy, and a robbery in Milwaukee, Wisconsin.
