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After Afghanistan, Biden Can Learn From How Fund Managers Handle Their Disasters

4 7 196
29.08.2021

What happens to the country and its people after the forever war ends?

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You’re still new in your role, even if you’ve been in the business a while. You’ve been nervous about a position taken by a predecessor, but it looks very messy to fix. Then, one quiet weekend in August as you try to squeeze in a little break, it all comes badly unraveled for all to see. If you’re not a Wall Street fund manager who just took over an international portfolio hit by this month’s crash in Chinese technology stocks, then you may just be U.S. President Joe Biden watching the violent unraveling of Afghanistan.

Either way, it’s bad, and you need a plan.

You’re still new in your role, even if you’ve been in the business a while. You’ve been nervous about a position taken by a predecessor, but it looks very messy to fix. Then, one quiet weekend in August as you try to squeeze in a little break, it all comes badly unraveled for all to see. If you’re not a Wall Street fund manager who just took over an international portfolio hit by this month’s crash in Chinese technology stocks, then you may just be U.S. President Joe Biden watching the violent unraveling of Afghanistan.

Either way, it’s bad, and you need a plan.

Of course, the consequences of the Afghan government’s collapse are tragic for its citizens, painful for the families of soldiers who lost their lives, and costly to U.S. prestige. Thursday’s deadly terrorist attack at the Kabul airport will live in infamy. But as ghastly as the current headlines may be, it’s important to keep the Afghanistan withdrawal in the........

© Foreign Policy


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