Return to the Pentagon

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In my 2011 book, Currency Wars, I gave a detailed description of the first-ever financial war game sponsored by the Department of Defense.

This financial war game took place in 2009 at the top-secret Applied Physics Laboratory located about twenty miles north of Washington, D.C. in the Maryland countryside.

Unlike typical war games, the “rules of engagement” for this financial exercise did not permit the use of any kinetic weapons such as bombs, missiles or drones.

The only weapons allowed were financial instrument including stocks, bonds, currencies, commodities and derivatives.

China to conduct digital warfare drills ahead of Obama-Xi meet

Ahead of President Xi Jinping’s maiden meeting with his US counterpart Barack Obama, China today said it will conduct the first ever exercise to test new types of combat forces, including units using digital technology to practice cyber war.

The announcement came amid media reports that Chinese hackers have breached the designs of critical US weapons systems.