Italy spills over to everything. Italy is a huge banking system. It has been the major banking system in Eastern Europe. It's worked with Austria's banking system. There's all sorts of interplays there. So it's not the PIIGS one should worry about. Germany hasn't even begun falling yet. And when Germany falls, and it will, that's when the panic begins to set in.
George FriedmanOne of the great famines in human history took place during the Chinese Cultural Revolution. [At the same time] Western journalists were reporting how marvelously Chinese society was working. We know so little [about what happens in China].
George FriedmanWar and sex are what I call the two abysmal - by that I mean deep - parts of the human condition.
George FriedmanThe warrior must continue to make decisions in the face of extreme circumstances. He cannot afford to get angry or frightened.
George FriedmanWith the decline of American interests in the outcome of this region, there is no glue holding it together. And the countries in this region are invented ... The last guarantor of the region's borders was the United States, and the US has basically said "the hell with it." What you're really having is the collapse of nation-states because they're not nations. They're only states.
George FriedmanWar to me is very much like sex. You can develop a theory that says sex is primarily for the exchange of genetic material, or that it's a celebration of life, or you can make up 50,000 theories about why human beings have sex, all of which are in some sense true, all of which by themselves miss the point. Because the answer is extraordinarily complex. It may be for fun, it may be for reproduction, for financial reasons, any number of things.
George Friedman