The financial crisis will force the Obama administration to make a choice that will define its future - and ours.
To understand the origins of today’s stand-off between Republicans and Democrats over the US debt crisis, it is necessary to revisit an event which took place in Boston Harbour nearly 238 years ago. On December 16, 1773, a group of Massachusetts colonists boarded ships belonging to the East India Company and threw the entire cargo into the sea. There, in tax rebellion, began the American Revolution.
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Commentaries, Opinions, And Editorials
Has the U.S. Debt Crisis Made China the World’s Most Responsible Economic Power? -- Daniel McDowell. China & US Focus
Read China’s Lips -- Stephen S. Roach, Project Syndicate
Libya's battle starts when war ends -- Omar Ashour, The Australian
Now we want Gaddafi out, now we don't -- Adrian Hamilton, The Independent
Four reasons help is slow to reach Somalia’s famine victims -- Ariel Zirulnick, Christian Science Monitor
Analysis: Revolt or Summer Fever? Israel Ponders Tent Protest -- New York Times/Reuters
Is Abbas setting the stage for a third intifada? -- Douglas Bloomfield, Jerusalem Post
The Wenzhou debacle gets even weirder -- Edmund Downie, Foreign Policy
A Zeta Narcorepublic? -- IBD Editorial
Cyprus, Iceland, and German bail-out fatigue -- Ambrose Evans-Pritchard, The Telegraph
The West Is Turning Japanese -- The Economist
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