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Rob Smith — Conflict costs the global economy $14 trillion a year

Summary:
The cost represent the use of real resources that could have been put to use constructively to address the world's problems, many of which are the result of conflict.  The social cost cannot be quantified since life is priceless. Total waste. Dumb, dumb, and dumber. World Economic ForumConflict costs the global economy trillion a year Rob Smith

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The cost represent the use of real resources that could have been put to use constructively to address the world's problems, many of which are the result of conflict. 

The social cost cannot be quantified since life is priceless.

Total waste.

Dumb, dumb, and dumber.
Rob Smith
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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