They must have created the crisis, the logic goes, by failing to educate the young.
If you are not, then the most valuable thing you can apply to the Syrian crisis is logic.
In the euro crisis, this logic of self-binding is clearly under attack – markets don't find the model of rules and sanctions credible.
To limit such spillovers and save taxpayers having to bail banks out of their foreign misadventures, regulators around the world are seeking to ring-fence their banking systems.The case for integrationBefore the crisis, the logic of financial globalisation seemed impeccable.
"As the climate crisis unfolds, the logic of what we were arguing, I think, will make more and more sense," he said.
During the 2008 financial crisis, a similar logic prevailed: an economic emergency made dramatic government action possible, but the focus was on keeping the big banks alive, so that they wouldn't take down the whole economy, not on limiting their size.
Also at stake in the logic of crisis is nothing less than time and human finitude: our limited capacity to manipulate the future, aging and our impending death.
The United States was enjoying its "unipolar moment"; the European Union was expanding and prospering; China and India felt themselves getting richer and more powerful.But the global economic crisis has changed the logic of international relations.
In "Saviors and Survivors: Darfur, Politics, and the War on Terror," he has written a learned book that reintroduces history into the discussion of the Darfur crisis and questions the logic and even the good faith of those who seek to place it at the pinnacle of Africa's recent troubles.
The logic of the crisis seems to call for an intervention, not at step 4, but at step 2: the financial system needs more capital.
