International Relations, Ethnic Conflict, Civil-Military Relations, Academia, Politics in General, Selected Silliness
Friday, September 3, 2010
Where is Mary Poppins When You Need Her?
One of the classic movie moments of collectively irrational behavior is a run on a bank in Mary Poppins. And I always thing of it when I see any other banking crisis like the one in Afghanistan. In the movie, a kid seeking his money back after not being pleased by the lending practices triggers a panic. In Afghanistan, a bank that has been poorly administered and apparently tied to Karzai is having problemos. And in a brief conversation at the APSA meeting with an expert on Afghanistan, the bank run may be more of a bank theft. Oy. Too big to fail? No. Is Afghanistan too important to fail? I am having my doubts.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment