Monday, February 11, 2008

A $12,000,000,000 "Up Yours" From Russia, With Love

Economics is, at root, the study of incentives:
how people get what they want, or need, especially
when other people want or need the same thing.

I am referring to this article hnyah. To sum up:

Russia has agreed to write off $12bn (£6bn) of Iraqi debt built up by the regime of former leader Saddam Hussein to buy military supplies. In return, Russian companies, including oil giant Lukoil, will be given access to invest up to $4bn in Iraq. Lukoil is expected to develop oilfields including West Qurna, one of the country's largest. Russia said the deal was meant to help rebuild Iraq's economy and infrastructure following the US-led invasion, which it opposed.

HAH! Oh, man, I wonder who's going to come out this looking better in terms of world opinion (which matters much more than reality).

The world operates not on reality,
but on the perception of reality.

Sneakers. Sweet movie, and they had a point. America basically busts down the door and shoots everyone, and then Russia comes in and patches everyone up, peacefully, with the only thing that really changes how the world works: money. Sure, violence and force change things for the present, but money is needed to change things for the future, and it all depends where that money comes from. The nukes dropped on Japan basically gave them the incentive to become the single densest powerhouse economy on the planet, because they realized that force was not the way to respond.

America, you just keep aiming missiles at Russia and protecting yourself from Russian missiles being aimed by people who probably don't care anymore. The world has moved on from the Biggest Kid On The Block mentality, and we're all waiting for you to catch up. Come on! Look, Canada will even slow down and wait for you. Want a candy bar?

DINGER: YouTube is blocked at work now. CURSE YOU!!!! *shakes fist*

It should be noted that BlogSpot became blocked at work while I was typing, this, too, so I had to wait until I got home. They are cracking down haa-aa-aard at work (I really want to know who is spending time on "" and "" in my office...)

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