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Israel-Hamas War 2023

Started by Zanza, October 07, 2023, 04:56:14 AM

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The Minsky Moment

Quote from: Josquius on June 14, 2024, 04:51:17 AMOne of the big theories I've read for why Hamas struck now is precisely in response to the brewing normalisation of Israel-Saudi relations.

Yes but the Saudis are not a democracy.  Same goes for some of the other countries normalizing like UAE and Bahrain; Morocco has a constitution and elections, but is regarded as managed democracy at best.  These are pragmatic decisions being made by ruling cliques that aren't fully answerable to public opinion.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson