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Mirrek's avatar

"In 1940, the Nazi rampage through Russia resulted in the murder of millions of Slavs and Jews who were caught in the warpath and/or placed in concentration camps. These acts are the unmistakable signs of wars of annihilation".

Many thanks for your post. I'd like to clarify several things: it wasn't the Nazi that led the war, but it was the German army. Secondly, they didn't invade Russia, because it didn't exist at the time as the state, but they invaded the Soviet Union. The invasion started on 22th June 2041 so millions who were caught in the warpath were predominantly Poles. Fourthly, Germans started building the concentration camps in 1941 and placed first prisoners there some time later. The decison to kill Jews in death camps was made at the Wansee conference in 1942. Lastly, the vast majority of prisoners and victims of those camps were not Slavs, but they were Polish regardless of their ethic roots.

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Mark Higgins, CFA, CFP's avatar

Thank you for these clarifications. It is sometimes tricky when rewinding back and forth over 100 years to get the terminology precise, but I certainly did not intend to diminish the horrible impact of wars on different ethnicities and nationalities. World War II was so incredibly destructive and cruel that it is simply impossible to fully represent every group affected with the use of blunt words. My apologies that my word choice didn't fully capture the horrors. Your clarifications are much appreciated.

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Jason R. Stevens, CFA's avatar

The astute narrative you weave here is frightening. The question I have is: can we stop this train? If not, what's the move? If so, how?

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Mark Higgins, CFA, CFP's avatar

In all honesty, I think the odds of a world war-level event are very low. Nevertheless, there is always risk, and the best defense is awareness of the risk among all potential participants.

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