Could Britain Be Heading For A Crash? -- Simon Heffer, The Telegraph
We cannot postpone indefinitely the final acceptance that we must live within our means, writes Simon Heffer.
had a long talk on Tuesday with one of the wisest and cleverest economic thinkers I know, and he was sure of one thing: we are heading for a crash. Is he right? The stock market has started the year strongly. Sterling is up against the dollar and was rising against the doomed single currency as well, until the Chinese – for their own Machiavellian reasons – bought vast quantities of euro debt this week.
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Commentaries, Opinions, And Editorials
Ouster of Tunisia president: An opportunity for Arab autocrats to respond to the people -- Christian Science Monitor editorial
Tunisia gets a change of Zine -- Globe And Mail editorial
Close but no Afghan SIGAR: Audits find billions missing from construction projects -- Arnaud de Borchgrave, The Washington Times
A One-Sided Arms Race. China’s military ambitions are boundless -- Dan Blumenthal and Mike Mazza, Weekly Standard
Avoiding a U.S.-China cold war -- Henry Kissinger, Washington Post
Europe's last dictator lives on borrowed time -- Patrick Smyth, Irish Times
Why Russia Is No Friend of America -- Zbigniew Mazurak, American Thinker
Haiti, Going Forward -- New York Times editorial
Energy Leviathan Rises Offshore Israel -- David Wurmser and Jonathan M. Baron, Forbes
Five myths about defense spending -- Gordon Adams and Matthew Leatherman, Washington Post
A Leaner and Meaner Defense: How to Cut the Pentagon's Budget While Improving Its Performance -- Gordon Adams and Matthew Leatherman, Foreign Affairs