Posts Tagged ‘economic crisis’

Posted on April 30, 2009 - by Venik

The Road to Afghanistan

The expedient defeat of NATO-sponsored Georgian army last August by the Russians left many hardliners in Washington and Brussels itching to respond. NATO’s decision to break formal contacts with Russia was a testament to NATO’s own political weakness. To add to the Alliance’s humiliation, the economic crisis forced the West to seek improved relations with [...]

Posted on October 17, 2008 - by Venik

On the State of Our Bernanked Economy

Yesterday Federal Reserve Chairman Ben Bernanke said that the US economy faces a “significant threat”. Dr. Bernanke was not optimistic, not optimistic at all: “Stabilization of the financial markets is a critical first step, but even if they stabilize as we hope they will, broader economic recovery will not happen right away…” This “even if” [...]