PODCAST: The War in your Wallet: The Real Invisible Hand

PODCAST: The War in your Wallet: The Real Invisible Hand

In this podcast, we take a look at a rarely discussed, structural vulnerability in advanced societies: the payments and settlements system. We first put this system in the historical context of economic warfare, then look at some potential forms of attacks, followed by a discussion with Michelle Couturier about possible local defensive measures. The vulnerability of the advanced economies to economic warfare attacks is increasing as we use primarily fiat currencies, the largest part of which exist in digital formats only with little to no reserves. At the same time, we have allowed the functioning of our local, national and international economies to migrate over at a complex network of computer systems of dubious heritage and stability. The central nervous system of our economy is now the international payments and settlements which is jointly run by a series of Central Banks and Financial Institutes. We focus the discussion on a simple proposition: what bankers are allowing to happen (consciously or not) at Central Banks and Financial Institutions (FIs) is far more fearsome than what terrorists have planned in the past. A failure of their jointly operated payments and settlements system would do more systemic damage to the advanced economies than any terrorist attack has done to date. This failure could result from an exterior attack by a state or group, an insider threat, or from technical failures in an overly complex system. For the full show notes for this podcast, and accompanying papers, check out brokenmirrors.ca. Photo Credit: Mike Gifford, Flickr.

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From Polar Presence to Port Security: A Conversation with the Coast Guard Commandant

From Polar Presence to Port Security: A Conversation with the Coast Guard Commandant

Nick sat down with United States Coast Guard Commandant Adm. Linda Fagan to discuss the Coast Guard's global activities, from the Arctic to the Indo-Pacific to the growing digital security challenges to America's ports.

10 Maj 202430min

What Will Ukraine Do To Stay in the Fight this Year?

What Will Ukraine Do To Stay in the Fight this Year?

The U.S. Congress finally passed the security supplement, authorizing a large amount of funding and support to keep Ukraine in the fight. This package buys Ukraine another year of time. What will Ukraine do with that time? What is the situation at the front? Michael Kofman answers these questions and more.

6 Maj 202418min

Ukraine and a Fractured World

Ukraine and a Fractured World

Ryan sat down with three friends to talk about the war in Ukraine through the lens of a new edited volume on the topic. Enjoy this conversation with Andrea Kendall-Taylor (former CIA), Hal Brands, and Alexander Bick (former National Security Council staff), which surfaces some important disagreements and debates about the war and international order. Oh, and also buy War in Ukraine: Conflict, Strategy, and the Return of a Fractured World (https://www.amazon.com/War-Ukraine-Conflict-Strategy-Fractured/dp/1421449846). Please note this was recorded shortly before the U.S. Congress passed the security supplemental, which included aid for Ukraine.

1 Maj 202441min

Crossing the Threshold

Crossing the Threshold

Nick sat down with Eric Brewer, Dana Stroul, and Gavin Clough to discuss how the conventional, proxy, and nuclear threats Iran poses are evolving. Who was deterred and who wasn't by the latest Iranian and Israeli strikes? What did we learn about Iranian capabilities? And how will this affect Iran's thinking about a bomb?

26 Apr 202435min

Spacepower and the Private Sector

Spacepower and the Private Sector

On the sidelines of the National Space Symposium, we threw a little party and recorded a podcast, because why not? Our special guest was Assistant Secretary of Defense for Space Policy John Plumb and the main focus of the conversation was the Defense Department's new strategy on space commercial integration.

19 Apr 202420min

Mike Kofman and Rob Lee on Drones in Ukraine

Mike Kofman and Rob Lee on Drones in Ukraine

This deep and fascinating conversation is one of a two-part discussion that you can listen to on the Russia Contingency, a members-only podcast hosted by Michael Kofman. Become a member here: https://warontherocks.com/membership

10 Apr 202458min

Ammunition, Energy and a Sense of History: The Czech Ambassador on Ukraine and More

Ammunition, Energy and a Sense of History: The Czech Ambassador on Ukraine and More

Nick sat down with Czech Ambassador to the United States Miloslav Stašek for a geographically wide-ranging conversation that moved from Munich to the Middle East to the Texas automotive industry. Amb. Stašek discussed the progress of his government's ammunition initiative for Ukraine, relations within the Visegrád Group and the expanding scope of U.S.-Czech ties.

8 Apr 202430min

The Laboratory Building the Future of the Army

The Laboratory Building the Future of the Army

Ryan popped into Austin to see what the Army Applications Laboratory was getting up to. Its director, Dr. Casey Perley, was kind enough to sit down with Ryan and break it down for him. If you care about military innovation, defense tech, and the future of the Army, this episode is for you.

3 Apr 202427min

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