January 17, 2012

America, Greece and a World on Fire

Gideon Rachman, Financial Times

AP Photo

It took an economic crisis in Greece in 1947 to force the US to assume world leadership. Now, more than 60 years later, another Greek crisis is showing what the world feels like without US leadership.

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TAGGED: United States, Greece, Eurozone


January 10, 2012
Republicans Bash Europe in Search of Votes
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Europe is socialist, bloated and a threat to the global economy. That appears to be the message from the ongoing presidential campaign in the U.S. Republicans in particular have discovered Europe as a convenient punching bag... more ››
January 16, 2012
Watch the Greeks, Not Ratings Agencies
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WHILE the big headlines over the weekend were about S&P's downgrades of European countries, the more worrying news came from Greece, where talks on a debt deal broke up. While I am not as negative as some on the agencies... more ››
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The Danger Debt Poses to the Western World
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January 6, 2012
Greece Heads Toward Default
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January 16, 2012
Is Austria the New Finland?
Centre for European Reform
In August 2010, a newly elected Slovak government refused to contribute to the first Greek bail-out. A year later, the rising popularity of the anti-euro True Finns pushed the Finnish government to demand that Greece should put... more ››