The new director of U.S. national intelligence, Dennis Blair, told Congress on Thursday that the top threat facing the United States was not terrorism or nuclear proliferation, but the global economic downturn, which has led to increasing anger, despair and protest around the world.
“Instability can loosen the fragile hold that many developing countries have on law and order, which can spill out in dangerous ways to the international community,” Blair said.
Steven Schrage, who holds the Scholl Chair in International Business at the Center for Strategic and International Studies, joins Martin Savidge to discuss how the economic problem can generate security concerns, which countries face increasing destabilization and the role of protectionism.
02/23/2009 :: 10:06:46 AM
Neil Pharr Says:
I think there is enough blame to go around. The USA has abused credit, lived beyond our requirements and allowed the movers of money to over-accumulate; but this is a common global problem. Certainly, China has expanded it cities without regard to the overall sanity of it all.
The security of all is at stake with the current unnatural state of society. The USA has the least to fear, because we will not starve.
Of course, Europe has a better health care model.
Neil in Atlanta