In the early days when nations felt insecurity, particularly in matters with other nations there were mechanisms of control and surveillance to accommodate those fears. Whether irrational or not; whether palpable or the idealizations of war hawks, the
mechanisms of control were almost always a function of the security sector (e.g. the FBI, Interpol, KGB, or Green Beret). In the USA and abroad, other countries followed suit. But what does this have to do with economics and finance?
Simple. Resources and the power. More specifically, the power to control those resources have become the proverbial bottom line. There are natural resources, human resources, ideological resources, social resources (social capital); these are all important components. And as we watch the world change dramatically, we witness the galvanization of those resources. The 2013 movie, Dirty Wars based off of the book of the same name, about American journalist, Jeremy Skahill who discovered United States JSOC Ghost Fighting Unit tells the story. JSOC (Joint Special Operations Command) is part of the US Delta, 1st Battalion, 5th Special Forces Group which are known as “The Gosts.” The Special forces unit is part of the American Military stationed at Fort Bragg in North Carolina. This unit is important because it militarily achieves what new economic means of disruption and chaos now do.
This unit is important because it militarily achieves what new economic means of disruption and chaos now do.
JSOC is a unit that carries out a mission with a few men and often do not leave a fingerprint. They’re not quite your Seal Team Six, but they act similarly. Most go into local regions and partners with outliers, fringe groups and rebels within the target nation. They provide money, training, direction, weapons and military expertise to help divide and conquer a country, group or military regime to destroy itself from the inside out. Economic Chaos is similar in that with the movement of a few decimals, those connected to the current monetary system are able to manipulate the economies of entire nations or regions into failure or even collapse. The “Confessions of an Economic Hitman” detail the first publicly explained economic ghost mission that crashed the fortunes of Asian economies in 1997.
Economic Chaos is similar in that with the movement of a few decimals, those connected to the current monetary system are able to manipulate the economies of entire nations or regions into failure or even collapse.
While most of the world is convinced that the masses are controlled by a powerful elite, the truth is that not all elites are the same. While the constituents of some elites have a 10 percent poverty rate, other elites get the short end of the stick–where some 40-90 percent of their populations remain poor and uneducated in stagnant economic systems with substandard infrastructure. Essentially, one class of elite leaders eats on the table, the other class eats under it. The perks are not as handsome as having a strong populace and constituency that makes it possible to truly control land and resources to maximum benefit.
Today we watch the economies of nations swing through major shifts as major powers re-align. Where does your nation fall as the power dynamics shift? Are you a part of the decadent west, authors of the current post war, post colonial system–or are you a part of the new front. Should the world economic system change to one that allowed nations like China, Eritrea, Thailand or El Salvador to economically protect itself from the economic chaos of a economic ghost mission; the world may look and operate differently. In a world where an economic Ghost Unit is unable to disrupt economics with convenience, nations and economies may be able to grow without molestation.
How can you as a business owner, entrepreneur, student or even just a regular citizen adjust or participate? Will changes benefit you? In our changing globalized world, business owners, entrepreneurs, employees, students and the self-employed can no longer be ignorant of the geopolitical changes that influence their world. Remember the old saying, for some, “Business is war.” So preparation is key for a world that has long waited on the direction of the Decadent West.
How can you as a business owner, entrepreneur, student or even just a regular citizen adjust or participate? Will changes benefit you?
And even though the economic quagmire in which the West sits is much of its own doing through heedless and cavalier trade and business deals, ill-thought out immigration plans, poor management practices and good ole-fashioned greed, it is now in a fight to extricate itself from the tailspin. The truth is: the handwriting is already on the wall. The recessions are coming faster and faster like the contractions of a woman in labor. The mad effort to right the ship has been done before by civilizations greater and older. We all know the ending of their story. They won’t win.