End of QE, not of US financial supremacy – Global Times


Logo of Global Times

Logo of Global Times (Photo credit: Wikipedia)

This an important, must read article from China’s outspoken and influential newspaper, the Global Times.

End of QE, not of US financial supremacy – Global Times.

The article takes a critical look at QE and the decline of US hegemony. It concludes:

In the international community, when the strength of a superpower is declining, its morality will be tested.

I wonder how history will judge the  morality of President Obama’s foreign policy?

Thoughts?

The refugee crisis in the Mediterranean is a story of death and desperation – Sydney Morning Herald

IOPCR at an immigrants care center in Libya

IOPCR at an immigrants care center in Libya (Photo credit: Wikipedia)

This is a powerful, must-read story in the Sydney Morning Herald. Check it out!

via The refugee crisis in the Mediterranean is a story of death and desperation.

Of course, the story is tragic but where are the political classes on this issue? Italy is doing her best to be humanitarian and she is criticized for being too soft and creating “a pull affect” for the smugglers. Where is the European Union? What have they done to bring the smugglers to justice?

I live on the Mediterranean and have crossed by ship from Italy to Egypt and can confirm that whilst it may not be an ocean, the waters can be very dangerous and are certainly very deep in places.

Let me ask an open question:

Why is the European Commission putting it’s head in the sand on illegal immigration?

Thoughts?

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