Economic opportunism, or more accurately, profit opportunism, best describes the foundation on which the war machine sustains its existence; and a recent report for ‘defense’ industry investors lays bare this callous reality.
“The Islamic State (ISIS) has become a key threat in Syria, Iraq, and Afghanistan and is involved in exporting terrorism to Europe, Africa, and elsewhere. The recent tragic bombings in Paris, Beirut, Mali, the Sinai Peninsula, and other places have emboldened nations to join in the fight against terrorism,” reads the report from the accounting firm Deloitte. “Several governments affected by these threats are increasing their defense budgets to combat terrorism and address sovereign security matters, including cyber-threats. For defense contractors, this represents an opportunity to sell more equipment and military weapons systems.” Continue reading