Officials and Experts Warn of Crash-Induced Unrest

Numerous high-level officials and experts warn that theeconomic crisis could lead to unrest world-wide - even in developedcountries:
  • Today, Moody's warnedthat future tax rises and spending cuts could trigger social unrest ina range of countries from the developing to the developed world, thatin the coming years, evidence of social unrest and public tension maybecome just as important signs of whether a country will be able toadapt as traditional economic metrics, and that a fiscal crisis remainsa possibility for a leading economy, it said that 2010 would be a“tumultuous year for sovereign debt issuers”.
  • The U.S. Army War College warned in 2008 November warned in a monograph[click on Policypointers’ pdf link to see the report] titled “KnownUnknowns: Unconventional ‘Strategic Shocks’ in Defense StrategyDevelopment” of crash-induced unrest:
    Themilitary must be prepared, the document warned, for a “violent,strategic dislocation inside the United States,” which could beprovoked by “unforeseen economic collapse,”“purposeful domestic resistance,” “pervasive public health emergencies”or “loss of functioning political and legal order.” The “widespreadcivil violence,” the document said, “would force the defenseestablishment to reorient priorities in extremis to defend basicdomestic order and human security.” “An American government and defenseestablishment lulled into complacency by a long-secure domestic orderwould be forced to rapidly divest some or most external securitycommitments in order to address rapidly expanding human insecurity athome,” it went on. “Under the most extreme circumstances, this mightinclude use of military force against hostile groups inside the UnitedStates. Further, DoD [the Department of Defense] would be, bynecessity, an essential enabling hub for the continuity of politicalauthority in a multi-state or nationwide civil conflict ordisturbance,” the document read.
  • Director of National Intelligence Dennis C. Blair said:
    "The global economic crisis ... already looms as the most serious one in decades, if not in centuries ... Economic crises increase the risk of regime-threatening instability if they are prolonged for a one- or two-year period," said Blair. "And instabilitycan loosen the fragile hold that many developing countries have on lawand order, which can spill out in dangerous ways into the internationalcommunity."***

    "Statistical modeling shows that economic crises increase the risk of regime-threatening instability if they persist over a one-to-two-year period."***

    “Thecrisis has been ongoing for over a year, and economists are dividedover whether and when we could hit bottom. Some even fear that therecession could further deepen and reach the level of the GreatDepression. Of course, all of us recall the dramatic politicalconsequences wrought by the economic turmoil of the 1920s and 1930s inEurope, the instability, and high levels of violent extremism.”

    Blairmade it clear that - while unrest was currently only happening inEurope - he was worried this could happen within the United States.

    [See also this].
  • Former national security director Zbigniew Brzezinski warned"there’s going to be growing conflict between the classes and if peopleare unemployed and really hurting, hell, there could be even riots."
  • The chairman of the Joint Chiefs of Staff warnedthe the financial crisis is the highest national security concern forthe U.S., and warned that the fallout from the crisis could lead to of"greater instability".
Others warning of crash-induced unrest include:Link to Article: http://www.washingtonsblog.com/2009/12/officials-and-experts-warn-of-crash.html

 

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