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.
At a time when other Third World countries were setting up government-controlled economies and blaming their poverty on “exploitation” by more advanced industrial nations, Lee Kuan Yew promoted a market economy, welcomed foreign investments, and made Singapore’s children learn English, to maximize the benefits from Singapore’s position as a major port for international commerce.
Once Iran has a nuclear weapon, it’s reasonable to assume that they might use it, on day one, a threat we never necessarily faced with the Soviets. The people of Israel have no choice but to pay attention to this fact.
The real war in the Middle East is not military; it’s ideological.
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.
No Greek recovery will be possible until the newly elected Marxists become unapologetic capitalists.
As recession threatens throughout the Continent, the calls for governments to unleash more socialist-style spending have increased.
Poverty is not a cause but a result of Africa’s problems.
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.