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Terrorism and the Economy

How the War on Terror is Bankrupting the World

Terrorism and the Economy by Loretta Napoleoni
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Economist and best-selling author 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.
While we feared that Al-Qaeda might destroy our world, Wall Street ripped it apart.
Seven Stories Press; January 2011
ISBN 9781609800802
Read online, or download in secure EPUB
Title: Terrorism and the Economy
Author: Loretta Napoleoni
  • News
The phoney war and the real crisis - Green Left Weekly
Sat, 17 Jul 2010 22:39:18 -0700
Green Left WeeklyThe phoney war and the real crisisGreen Left WeeklyEconomist Loretta Napoleoni is renowned for throwing light ...
How the Patriot Act created conditions for economic malaise - Washington Post (blog)
Wed, 07 Apr 2010 02:30:35 -0700
How the Patriot Act created conditions for economic malaiseWashington Post (blog)The war on terror has had the unintended ...
Money trail links the war on terrorism to the global financial crisis - Sydney Morning Herald
Sun, 29 Aug 2010 06:56:01 -0700
Sydney Morning HeraldMoney trail links the war on terrorism to the global financial crisisSydney Morning HeraldBringing the ...