Financial or Multi-Dimensional Crisis?
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leaders have tried many ways to deal with these long-term structural economic problems. Even while addressing a complex of needs, the dot com bubble, global war on communism then and terrorism now, Afghanistan and Iraqi wars and their reconstruction efforts, and huge sub-prime mortgages in the US were, in the main, all attempts to deal with the problems of national and global economies. Political and economic leaders were looking for ways to prop up economic activity…any how. While in all of the above efforts, the US acted as a leader, a transnational group of entrepreneurs from across the globe benefited.
It is instructive to know that using war to benefit national and global economies is certainly inbuilt into the mainstream economic system. It is central to financing and sustaining the ‘American dream’, which has bursted out of the borders of the political
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