Foreclosures Brought In The Greatest Security Threat To Usa
Danger does not always drop in from the skies it sneaks in like rats
, termites and foreclosures. It is the foreclosure related crisis that has brought in the greatest security threat to USA.
The financial crisis that has taken on international dimensions is the greatest threat to the security of USA. Many people are not paying your loans and further aggravating the crisis in the real estate market. Instability is being sown all over the world that will lead to trade wars potentially dangerous and destructive. This was reported by USA intelligence agencies.
Annual an assessment report is released by the intelligence agencies. It noted that over the last year the threat from Al Qaeda has diminished. But Afghanistans security had weakened with Pakistan gaining control over border regions. The report read, The financial crisis and global recession are likely to produce a wave of economic crises in emerging market nations over the next year. A surge of "destructive protectionism" was possible as countries find they cannot export their way out of the slump. Time is our greatest threat. The longer it takes for the recovery to begin, the greater the likelihood of serious damage to U.S. strategic interests.
The report sums up the conclusions of all the USA intelligence agencies (16 no). This report is vital for the administration and the Congress in shaping their policies. Apart from assessing the strength of its adversaries it also listed the economy and climate change as threats to the country.
The report noted that about a quarter of the countries of the world have already experienced low-level instability. Government changes have taken place all related to the economy.
Western Europe as well as countries of the former Soviet bloc has witnessed anti-government demonstrations. There are growing rumbles of discontent in Africa and Latin America. Adm. Dennis Blair is the director of national intelligence. He told the Senate Intelligence Committee, Instability can loosen the fragile hold that many developing countries have on law and order, which can spill out in dangerous ways to the international community. Countries desperate to boost their economies are likely to resort to setting up of tariffs and subsidies on exports.
It is history repeating all over again with the stomach playing an important and decisive factor in king making. In a global perspective when the world has literally become one, if happenings in America impinge on another remote corner of the planet the vice versa is also true. This threat is no less important than gun toting terrorists.