Is national security threatened by a troubled economy?

With unemployment claims at a 16-year high, Detroit looking into the abyss, and the economy in freefall, our national security could be at risk. James Rickards, senior managing director for research at Omnis, an applied research firm, argues that government agencies need to pay attention to the security implications of our economic troubles.

“Four billion seemed like an enormous amount of money. Today it seems like spare change.” –James Rickards on the difference between the collapse of Long Term Capital and today.