Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Domino Effect’

Europe’s Reverse Domino Effect

Posted by hkarner - 20. März 2017

At last a sober realistic view – instead of all the  panicking! (hfk)

Date: 19-03-2017
Source: www.foreignaffairs.com

No One Is Following Britain Out of the EU
By Pierpaolo Barbieri

Following France’s 1954 humiliation at the hands of the Viet Minh at Dien Bien Phu, U.S. President Dwight D. Eisenhower divined the phrase “domino effect” to suggest that the victory of communist guerrillas would lead to a cascade of parallel events elsewhere: “You have a row of dominos set up,” Eisenhower said. “You knock over the first one. … What will happen to the last one is the certainty that it will go over very quickly.” Ike’s idea caught on; the “domino” concept was applied to everything from the Cuban Revolution to the Prague Spring.

Most recently, the prospect of a domino effect was a staple of discussions of the British referendum on EU membership. In this case, a first-mover (the United Kingdom) would trigger the implosion of the EU by daring to exit first. It would be swiftly followed by others eager to free themselves from the shackles of transnational regulators and their world-leading single market. Den Rest des Beitrags lesen »

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