Rising Instability in the Middle East
The Real Risk to the Global Economy
https://www.project-syndicate.org/commentary/real-risk-global-economy-by-christopher-smart-2017-11Christopher Smart suggests:
"One might assume that the brewing crises on the Korean Peninsula and in the Middle East pose a serious threat to the current global economic expansion. But political crises often induce only brief market corrections, whereas gradual shifts in international global institutions can be far more consequential for investor behavior."