I notice Islahiye’s clatter when a hundred bystanders are told to go quiet so the volunteers can listen. You can tell who is tearing a wrapper or ruffling their puffy coat and where the caution tape flaps. The ambulance that recovers one life interferes with the search for another.

“You should see my kids,” Issam continued. At his home in La Capelette, a neighborhood in the tenth arrondissement, one child had been wearing face paint in the colors of the French flag, the other face paint in the colors of the Moroccan flag. “It’s 50-50,” he said with a smile. “For French-Moroccans we will win no matter what.”

The afterglow of this communion extends into the final, much-anticipated delight: a “cultural boat ride” promising “ten thousand years of Indian Culture in ten minutes.” This air-conditioned funfair ride begins, appropriately enough, on the mythic “banks of the Saraswati” (a now unknown or extinct river celebrated in the Vedas) festooned with tableaux of ten-thousand-year-old “Vedic” agriculture, Vedic universities, Vedic bazaars, Vedic elections and even the “first conference on embryology.” Never mind that the prevailing historical consensus is that the earliest Vedic “texts” (they were originally orally transmitted) are little more than 3,500 years old. Further downriver, things get weirder as we witness the Indic invention of everything from plastic surgery to the airplane.

More than any armed conflict, the current international monetary system has laid bare the folly of the romantic liberal portrait of globalization. The sanctions against Russia are the clearest manifestation yet of a distinct undercurrent of financial globalization that has become more pronounced in recent in years: geopolitical coercion through the central banking system. Over the past decade there have been a number of instances in which this form of financial compulsion—what one might call monetary warfare—has been used to devastating effect.