Epstein Secrets

ary superpower. The Arab Spring is demolishing the capabilities of Iran's key ally, Syria. Hezbollah is in danger of losing its Syrian backers, and Lebanon is in danger of slipping into another civil war exported from Damascus, which would keep Hezbollah preoccupied. The balance of power tilts decisive

ht be unable to do so in practice, if the runs it had to deal with were large enough. What, people must wonder, is the limit on the credit that the Bundesbank would be willing (or allowed) to offer other central banks in a massive run? In a severe crisis, could even the ECB, let alone the governments, act

rt a war, an Israeli leader needs broad public backing and an understanding with Washington (he learned the lesson from his disastrous invasion of Lebanon in 1982, which Ronald Reagan criticized and many Israelis opposed). Netanyahu has watched the polls move steadily against him for the past year. O

ing by the European Central Bank; refusal to support mutual liability for debt; and, finally, the transformation of the ECB from a copy of the old Bundesbank into a European Federal Reserve Bank based on the Anglo-Saxon model. What remains is the rejection of Eurobonds, but that, too, will ultimately di

rt a war, an Israeli leader needs broad public backing and an understanding with Washington (he learned the lesson from his disastrous invasion of Lebanon in 1982, which Ronald Reagan criticized and many Israelis opposed). Netanyahu has watched the polls move steadily against him for the past year. On

opean Central Bank; refusal to support EFTA00711886 mutual liability for debt; and, finally, the transformation of the ECB from a copy of the old Bundesbank into a European Federal Reserve Bank based on the Anglo-Saxon model. What remains is the rejection of Eurobonds, but that, too, will ultimately di