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Results of the survey so stay tuned. So let me set the stage for a few minutes on a project on cyber enabled Economic Warfare really got started. It really had its genesis back in the 1990s in discussions with incredible smart people at the Smith Richardson foundation that is sponsored this work, but the intersection of economic and security. In 1997 the Asian Financial crisis it, remember . Began in thailand and the contagion quickly spread to indonesia, south korea, malaysia, the countrys throughout the region. Foreign debt to gdp ratios rose over 180 during the worst of the crisis. Writes occur, governments fell. The causes of the crisis were varied but most experts think it was the combination of crony capitalism, and economic bubble flooding the market with cheap money, and a simultaneous slump in semiconductor ....
In a natural relationship. But that being said, you dont want to create the government has a responsibility to the taxpayer to be fair and to be transparent. You have to do that. The question becomes how can you do that but at the same time give industry the flexibility to do what they need to do . I dont know there is a good answer which is why acquisition reform has been a buzzword for decades and continues to be something we continue to strive for and continue to struggle with. But i would say that is probably the hard problem of the century. But nevertheless it is something we have to continue to strive to get better because there is a balance between letting industry innovate and letting industry take responsibility and put goods into the hands of the war fighter that meet the war fighters needs and making sure that the responsibility to the taxpayer is upheld. So before i go, let me follow up with a specific question. Is there one word, based on your current understanding of wher ....
Hamiltons vision is alive and well because his letter to those commanders resonates with each and every person in the coast guard. Ill now read my notes no, actually im done with that. And what id like to do is open it up to question and answer. [ applause ] and now the fun part. Some of the questions have been quite interesting, admiral. Lets see. Senate Armed ServicesCommittee Members are concerned that russia has 40 arctic icebreaker ships and america has one. Is that going to change and when . I know you addressed that a bit earlier. Yeah. So as i stand before you today, i have one of my vice admirals is with the National Security staff up in the arctic to see firsthand what some of the challenges are up there. When youre up in barrow, alaska, you now see berms being built because you used to have a natural be ....
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