Italy 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 FriedmanThere is a radical and unprecedented shift [in war] that is part of the general transformation of civilization. First, understand that the past 150 years of warfare are totally unprecedented in that we introduced a breathtakingly inefficient technology: guns. In the First World War, and this is not an exaggeration, it took 10,000 rounds of ammunition to kill one person. Any given shot had a one in 10,000 probability of ending someone's life.
George FriedmanI cannot understand how something as ubiquitous as war can simply be dismissed as pathological. It is not clear to me that it is an unspeakable evil. If it is, I need proof of it.
George FriedmanConstraint theory asks: What is the price for doing this? Now one way around constraint theory is declaring your enemy crazy. Crazy and stupid are not concepts used in forecasting. When people say they're really stupid or they're crazy, that's laziness. That means I don't want to think through their position or about what they're really going to do.
George FriedmanWar is an extraordinary condition to be in - to be, for example, in the combat information center of a warship [and behaving] as though you were merely processing credit card applications. [Instead,] the information you're processing is that an incoming missile is 15 kilometers away, now 10 kilometers away, now 5 kilometers. You have to separate yourself psychologically from the fact that your mortal existence may well end. That is the ancient reality of war.
George Friedman