Russia attack and invasion of Ukraine. Is it a beginning of a new
cycle of world war or is it a one off exception?
The answer is no one really knows. Regardless the economics of war
is complex as it increases spending /borrowing but on the other side the
military industry blooms with extra sales and employment. There are losers
which include the average tax payer and the poor people who end up as refuges
or worse; dead. The other side the military industry and its surrounding economics
gets richer and more powerful.
Humans
are capable of unimaginable destruction and demise despite that this human
beings are more informed and leading such a luxurious life that no human could
dream about less than a century ago.
History
repeats itself and we are not smart enough to learn and evolve. What a pity????
