Terrorism and the economy
Subtitle: how the war on terror is bankrupting the world
By: Loretta Napoleoni.
Publisher: Seven Stories Press
Published: 2009
Place of publication: New York
Language: eng
Number of pages: 170
ISBN-13: 9781583228951
Subjects: Terrorism -- Economic aspects; Terrorism -- Finance; War on Terrorism, 2001-2009 -- Economic aspects
Description: "Economist Loretta Napoleoni traces the link between the finances of the war on terror and the global economic crisis, finding connections from Dubai to London to Las Vegas that politicians and the media have at best ignored. In launching military and propaganda wars in the Middle East, America overlooked the war of economic independence waged by Al-Qaeda. The Patriot Act boosted the black market economy, and the war on terror prompted a rise in oil prices that led to food riots and distracted governments from the trillion-dollar machinations of Wall Street. Consumers and taxpayers, spurred by propaganda fears, were lured into crushing global debt. Napoleoni shows that if we do not face up to the many serious connections between our response to 9/11 and the financial crisis, we will never work our way out of the looming global recession that now threatens our way of life."--Jacket.