If this credit crisis escalates & drags on ,could this cause military conflict between countries ( Direct may be not ) but indirect through proxies in somewhere like Afghanistan or somewhere else in the world? I see the UK used anti-terrorism legislation to freeze assets in Landsbanki in order to protect UK savings in one of its units, Icesave.Mr Haarde said the UK used anti-terrorism legislation to freeze assets in Landsbanki in order to protect UK savings in one of its units, Icesave. “We do not consider this to be a particularly friendly act. But we understand that the UK authorities need to act in the interests of their citizens,” he said. What if this was a Russian bank?
Ps im abit bored ,i know its abit alarmist ,just thought i would put it out there,
Property, banking, equities, and particularly government finances are all heading towards worse case scenarios throughout the world, without even getting into decreasing resources, so I’d be tempted to ask if conflict can be avoided.