by John Rubino, DollarCollapse.com:
Remember when our problems were mostly just financial, when the scariest possibility was Greece leaving the eurozone and a few zombie banks evaporating? Those were the days.
This week, geopolitics — that is, guns, bombs, and ideology — pushed finance off the front burner. In the East China Sea, for instance, everyone has inexplicably become obsessed with a few barren islands and is apparently willing to trade blood for rocks:
Japanese firms shut plants in China as territorial row escalates
“Major Japanese firms have closed their factories in China and urged expatriate workers on Monday to stay home ahead of what could be further angry protests over a territorial dispute that threatens to hurt trade ties between Asia’s two largest economies.”
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