Well what are our geopolitical objectives? First, that North America be peaceful, prosperous, dominated by the United States. Second, that no nation be able to approach the United States militarily ... Those are the goals. It's very simple. We achieve that by making certain that all conflict takes place in the Eastern Hemisphere so we don't have conflict here.
George FriedmanI think the personal and psychological aspects of war remain the same. War is about killing and dying. A man or woman stands at the post and there is a very real possibility of dying in the next five minutes. Whether he dies or not depends partly on him and partly on luck, and yet he must continue to function.
George FriedmanItaly 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 FriedmanConstraint theory defines for you what outcomes are possible and what outcomes are impossible. It also eliminates wishful thinking.
George FriedmanItaly is the fourth-largest economy in Europe and the eighth-largest economy in the world, and its banking system is collapsing. And Germany is desperate. It must maintain its standard of living. It can only do that with exports and Deutsche Bank is very exposed to Italian debt. But so is the rest of Europe.
George Friedman