The Logic Of War

Authored by James Rickards via The Daily Reckoning,
This was the week that the logic of war collided with the illogic of bubbles. So far, the bubble is winning, but that’s about to change.
The “logic of war” is an English translation of a French phrase, la logique de la guerre, which refers to the dynamic of how wars begin despite the fact that the war itself will be horrendous, counterproductive, and possibly end in complete defeat.