By Patrick J. Buchanan As Greece lurches on the precipice of default on its sovereign debt, a default that could bring down banks across Europe and precipitate a global financial panic, a consensus is building that there is but one way out. First, a structured default on the Greek debt, giving creditors a major haircut, […]
By Patrick J. Buchanan The fever sweeping the Middle East is now coursing through Libya, Yemen, Iran and Bahrain, where the U.S. Fifth Fleet is based. In all four nations, state violence is being used to crush the rebels, and regime survival hangs on whether security forces and the army stand behind the government or […]
By Patrick J. Buchanan When communism collapsed in Moscow, Prague and Belgrade at the end of the Cold War, ethnic nationalism surged to the surface in all three nations and tore them apart into 24 countries. Economic nationalism is now resurgent across Europe. And it is hard to see how a transnational institution like the […]
By Patrick J. Buchanan “Among the mega-forces moving the tectonic plates and imperiling the nation-states of the world from above and below are these: First, ethno-nationalism, which threatens nations with secession and break-up. We see it in the Uighurs of China, the Naga of India, the Baluch of Iran and Pakistan, the Kurds of Iran, […]
By Patrick J. Buchanan They are called the PIGS — Portugal, Ireland, Greece, Spain. What they have in common is that all are facing deficits and debts that could bring on national defaults and break up the European Union. What brought the PIGS to the edge of the abyss?
By Patrick J. Buchanan This is a “mind-boggling concept,” exploded Lou Dobbs. It must cause Americans to think our political and academic elites have “gone utterly mad.” What had detonated the mild-mannered CNN anchor? Robert Pastor, vice chair of the Council on Foreign Relations Task Force on North America, had just appeared before a panel […]