Freepressers

Can this global mess wait until January 2013?

By Sol W. Sanders Diverted by the essential — if sometimes burlesqued — pursuit of America’s quadrennial search for leadership, policymakers have tried to put international problems on hold. But dealing with wannabe-totalitarian outcroppings throughout the Islamic world from Casablanca to Zamboanga, is as critical and demanding and may take as long as the struggle with Moscow’s […]

 Freepressers

Drastic fixes for critical crises or dodgy compromises for bumps in the road?

Drastic fixes for critical crises or dodgy compromises for bumps in the road?

By Sol W. Sanders “Moderation in all things”, said a pre-Christian North African Roman dramatist, Terence [Publius Terentius Afer]. But like so many artists, he latched on to a beautiful artifact but got the logic wrong. He’s echoed these days in the oft repeated mantra from talking heads calling for compromise. It usually follows a […]

 Freepressers

History of the Euro crisis: What happens when the center no longer holds?

History of the Euro crisis: What happens when the center no longer holds?

By Sol W. Sanders The kaleidoscope of events and mock-events is moving so rapidly in the European crisis, even a dedicated netizen following events finds himself bemused. It might be good to look at a little history: The European effort to unify — after two bloody civil wars of near annihilation and the post-World War II […]

 Freepressers

The Euro is dead, long live the euro!

The Euro is dead, long live the euro!

By Sol W. Sanders In the spring of 1947, I was on deck as one of that dying breed of transatlantic liners was tugged into Le Havre. Despite decades of experience there was incredible confusion as French stevedores hassled over tying up ropes. A rail companion, a French Jewish refugee returning from American wartime refuge, […]

 Freepressers

The Euro death watch: Long live European diversity!

The Euro death watch: Long live European diversity!

By Sol W. Sanders Increasingly, however reluctantly, Europeans are bellying up to the Eurozone’s ultimate crisis. Talking heads present a dilemma: either the European Community will pick apart its common currency or take radical steps toward a highly centralized economic command. That’s because a triangle is strangling the Euro: markets faced with the threat bankrupt […]

 Freepressers

Overlooked in Seoul: EU's currency wars and 'Eurostein'

By Sol W. Sanders  While the worlds largest economies yammered through the night at last week’s Group of 20 summit in Seoul, the European Union’s common currency headed toward a new crisis. These euro developments threaten “the European project” — a drive toward continental unification to prevent war and encourage prosperity. They could also frustrate […]

 Freepressers

EU anxiety over the Euro, heartburn over Germany

By Sol W. Sanders The European Union has the jitters, raising the question of whether what used to be called a nervous breakdown lies ahead. The anxiety may not lead to a breakup of the EU, but the dream of a single currency may have to be abandoned. With 20/20 hindsight, the idea of a […]

 Freepressers

World's most irresponsible power is coming in for a landing

By Sol W. Sanders, WorldTribune.com There’s little good news for the world economy. The Fed is now cautioning a slowed recovery if not a double-dip recession. The Euro is again under pressure from its debt-ridden members. The UK is undertaking serious but politically dangerous surgery against its welfare state. Germany continues to pump out subsidized […]