Epstein Secrets

their leaders cannot take until all other options have failed — a state of affairs that, if you ask me, Greece is rapidly approaching. Germany and the European Central Bank could take action to make that extreme step less necessary, both by demanding less austerity and doing more to boost the European economy as a who

ct government involvement in the markets." Tantawi's skepticism of neoliberal economics has little to do with his loyalty to the socialist model of the Soviet Union, where he received his training as a young officer. Rather, he resents the potential of privatization to encroach on the military's vast economic

at affordable rates. Meanwhile, their banks are hemorrhaging deposits. Up until now, broke banks could prop up broke governments by borrowing from the European Central Bank and using the cash to buy their governments' bonds. But that game is over. For there is nothing the ECB can do to stop panicky Spaniards swapping

domestic affairs of another country for reasons of state. He merely cannot abide reasons of conscience. "And if they put Jews into gas chambers in the Soviet Union," he remarked to Richard Nixon in 1973, "it is not an American concern. Maybe a humanitarian concern." Yeah, maybe. IT IS NOT ONLY because of Houl

t have to happen; the euro (or at least most of it) could still be saved. But this will require that European leaders, especially in Germany and at the European Central Bank, start acting very differently from the way they've acted these past few years. They need to stop moralizing and deal with reality; they need to s

of Armageddon concentrated minds and helped prevent (or at least postpone) its occurrence. Credit for the Long Peace, therefore, belongs as much to the Soviet Union as to the United States—and perhaps to the nuclear scientists on both sides who so diligently built up their deadly arsenals. Kagan's corollary, t