Some sideways thinking about cyberwarfare

A post I published this morning on +O'Reilly Radar.  Here's the crux of the piece:

"What if we thought of JP Morgan’s recent trading losses not simply as a “bad bet” but as the outcome of a cyberwar between JP Morgan and hedge funds?  More importantly, what if we thought of the Euro’s current troubles in part as the result of a cyberwar between the financial industry and the EU?

"When two nations with differing goals attack each other, we call it warfare.  But when financial firms attack each other, or the financial industry attacks the economy of nations, we tell ourselves that it’s “the efficient market” at work.  In fact the Eurozone crisis is  a tooth-and-claw battle between central bankers and firms seeking  profit for themselves despite damage to the livelihoods of millions."

Read the whole thing:
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