Global Financial Crisis Could Lead to World War III
By: Larry Edelson
Jun 14, 2010
You know where I stand on just about all the markets. And not much has changed in them, or my views, since I spoke with you in my column last week, or even via my video update last Thursday.
So today I want to change things up a bit, and address a very important topic. One that scares the heck out of me, quite frankly … and one that I know many people are thinking about.
Sadly though, there are very few even willing to discuss this topic. So that makes it even more imperative that I get the word out.
The topic, or perhaps I should say question, is the following:
Throughout history, major wars have often been triggered by financial crises. So the question is: Will today’s great financial crisis — the worst since the 1930s Depression — lead to World War III? And if so, when?
This is a very important topic for all of us, for a variety of reasons. And naturally, there’s no way I can do it justice in a singe column. Or even in a 400-page book.
But the least I can do is share my research on the subject with you, and more importantly, give you an idea as to whether or not the current financial crisis could lead to a major war, and if so, when.
To do so, I will borrow upon my original research on the topic of war, published, copyrighted and filed with the Library of Congress in Washington D.C. in May 1988.
It was a special report I put together in the mid-1980s — for the benefit of my advisory firm’s clients and investors in two privately managed commodity funds where I was the senior trader.
That report, and the research it contained, forecast political and cultural instability beginning in May 1989 and increasing into June 1990; in August of that year, Iraq invaded Kuwait, touching off Gulf War I. The data also helped me issue major forecasts for how the Dow Industrials would respond to the crisis. It turned out to be right on the money.