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Jerrold McGrath's avatar

Is this unique to this moment? There does seem to be something particularly sinister about the contemporary version but can’t quite identify why.

Calvin Quek's avatar

Generally agree. I think the recent announcement of the Defence bank anchored by Canada, Turkey and others, is connected to the points you mentioned above, as indicative of the explicit use of financial leverage to fund defence i.e. war. And trends come and go, but institutions like this endure and there must be a reason for their existance, so they will endure even if the threat of war (hopefully) recedes. We continue to move into choppy waters.

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