Despite Greece’s almost complete lack of financial integrity, neither NATO nor the EU can afford the political cost of a Greek exit from the EU.
The real issue is whether Greece’s decades-long experiment with failed debt-financed socialism will be allowed to survive much longer.
Once again the crisis in Greece is threatening the unity of the entire euro zone.
As recession threatens throughout the Continent, the calls for governments to unleash more socialist-style spending have increased.
It is tempting for Western observers to view Turkey’s reluctance to join the fight as a mark of disloyalty to NATO and as a sign that the alliance is mostly about convenience. This view may be too simplistic.
Capitalism creates through freedom; the state destroys via regulation; capitalism gets the blame.
Putin may see six major geo-political weaknesses in the U.S. position.
All that glitters is not gold.