Exclusive: America’s neoconservatives, by stirring up trouble in the Middle East and Eastern Europe, are creating risks for the world’s economy that are surfacing now in the turbulent stock markets, threatening another global recession, writes Robert Parry.
Much of Europe has swallowed the bitter medicine of austerity on orders from conservative economic theorists, only to find that the supposed cure has made matters worse. Now, elections in France and Greece indicate that Europeans want a new approach that stimulates growth, ex-CIA analyst Paul R. Pillar notes.
The world’s financial system continues to teeter near a very nasty brink, with the United States and Europe disagreeing about how to pull back from the edge. Danny Shechter sees crisis, crisis, everywhere.