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mk · 3359 days ago · link · · parent · post: Matthew Yglesias: Something economists thought was impossible is happening in Europe
I think you're right about war in Europe, at least I hope so. Even so, part of me (and Tolstoy) wonders if war isn't a force that we add characters and a story to. When enough countries cannot grow out of their debt, and the debt becomes untenable, we might become lemmings. I can see a desperate China punching Japan in the face. Unlike war in Europe, it would be culturally cathartic.