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Why ‘De-Risking’ May Not Deliver a Large Peace Dividend | naked capitalism

naked capitalism·Conor Gallagher·22 days ago
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Conor here: I recall Bernd Lange, the German Chairman of the International Trade Committee (INTA) at the European Parliament, who back towards the beginning of the whole de-risking craze said the following: “Sometimes you have to put a gun on the table, even when you know that you might not use it.” Lange must be unfamiliar with Chekov’s gun principle , and Lange/the EU’s approach understandably doesn’t help with any large peace dividends. “De-risking” has gained notoriety in recent years, especially in Europe. The authors of the following piece argue it can actually increase the likelihood of conflict. That’s not surprising when considering the misadventures of the European ruling class in recent years.…

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