Peter Zeihan: Europe Goes Nuclear
We’ve got two major developments in Eurasia. We’re talking about Ukraine disabling two ships in the Caspian Sea and Poland getting EU approval to build…
Thought Leader: Peter Zeihan
Where’s The Courage In Greece’s Tragedy?
By Harry Broadman (original source Forbes)
“Brave Greeks. Sooner or later some member state of the Eurozone would find the courage to speak up about the almost unbearable burden the club’s rules place on a country’s economic officials to make tough policy decisions while tied to a ball and chain. Around the world, nations usually have domestic control over their fiscal as well as their monetary policies. Not so in the Eurozone: only one-half of the policy tool-kit is accessible at the local level.
On June 30, Greece formally fell into arrears with the International Monetary Fund (IMF ). Fortunately for the rest of the Eurozone’s members, it fell to the Greek canary to signal the presence of a highly dangerous leak in the Eurozone coal mine, a leak that had been underway for years, at least a decade. Although it is a bit far-fetched, perhaps the rest of the Eurozone and the IMF should actually consider thanking the Greeks for “volunteering” to conduct the Eurozone’s first real stress test.”
Click here to read more
Relevant and recent posts
Dr. Sanjay Gupta’s Top Health Stories of 2025
From the resurgence of measles to a new way to treat pain, 2025 was a challenge for public health while still offering moments of hope. Sanjay…
Thought Leader: Sanjay Gupta
Ian Bremmer: The state of global conflict in 2025
On GZERO World, Ian Bremmer takes a hard look at the biggest global crises and conflicts that defined our world in 2025 with CNN’s Clarissa…
Thought Leader: Ian Bremmer
