– Bernd Debusmann is a Reuters columnist. The opinions expressed are his own. –
Shock!! Horror!! The United States is becoming more like Europe! The rugged individualism that makes up part of the country’s self-image may be doomed. Paternalism threatens to throttle enterprise and initiative.
Twenty years ago this month, the last Soviet soldier left Afghanistan after a disastrous war that lasted nine years, seven weeks and three days. Barring military and political miracles, the United States will stay longer in Afghanistan than the Soviets did. Considerably longer.
Albert Einstein defined insanity as doing the same thing repeatedly and expecting different results. His definition fits America’s war on drugs, a multi-billion dollar, four-decade exercise in futility.
As far as illicit businesses with low risk and high rewards go, it doesn’t get much better than piracy on the high seas. The profit margins can easily surpass those of the cocaine trade. The risks?