The Unraveling of Europe s Peace

Other stories are that everything is on the verge of unraveling.

That Western imposed system is now unraveling. Nation states cannot be sustained when they do not reflect the wishes of their populations.

The future of life, where the unraveling of our biology and bring up the lights a little bit. I don't have any slides.

The glacial silence we have experienced in the face of the shredding of the constitution, the unraveling of our public institutions, the deterioration of our infrastructure is not limited to the universities.

The Syrian revolution is essentially a civilian and political rebellion against dictatorship one that is gradually unraveling Assad s regime. The opposition must begin to lay the groundwork for a new order based on unity and cooperation.

So the unraveling of multi national states is a false path. The way forward lies in democratic forms of federalism, which can preserve sufficient central authority for the purposes of statehood, while respecting local and regional cultures.

And so whether that genius is placed into technological wizardry has been the great achievement of the West or by contrast, into unraveling the complex threads of memory inherent in a myth, is simply a matter of choice and cultural orientation.

On the other hand, the absence of a real sports policy (or its unraveling) can become a decisive handicap. Indeed, how else to explain the poor performance of a country as well endowed as Switzerland, or as highly populated as Nigeria?

But, given intensifying doubts about the benefits of integration, even that solution would risk unraveling the EU. By emphasizing that Europe no longer offers an economic dividend, the UK s move away from the EU will spur ever louder calls for change elsewhere.

But the tough question that has to be asked is whether the crisis could lead to the unraveling of European integration. There are four key issues that need to be tackled if we are to ensure that Europe emerges from this crisis strengthened.

Yet most unemployment benefits are now being eliminated after 12 months, with the long term unemployed often losing access to the state health care system. Add to this a 30 increase in prices for prescription drugs, and it is easy to see why Greek society is unraveling.

JERUSALEM The horror stories emerging from northern Iraq, as well as the continuing slaughter in Syria s civil war, point to a tectonic shift in the Middle East. Almost 100 years after World War I, the regional state system established after the dissolution of the Ottoman Empire is unraveling.

The wait to insure option could cause the number of insured individuals to decline rapidly as premiums rise for those who remain insured. In this scenario, the unraveling of Obamacare could lead to renewed political pressure from the left for a European style single payer health care system.

Some encourage Greece to exit the eurozone, believing that a more restricted and homogeneous currency union would be stronger and easier to unite. Others consider a Greek exit to be just the start of the inevitable unraveling of a scheme that does not serve the purpose for which it was created.

Even in Turkey, a non Arab Muslim country with strong aspirations to reconcile Islam with democracy, the agreement between Prime Minister Recep Tayyip Erdoğan s Islamist government and the urban middle class to limit official encroachment on secular lifestyles is unraveling. Erdoğan now promises to reconstruct Turkey in his own authoritarian and religious image.

Should Russia recognize Abkhazia s independence, Saakashvili might be tempted to respond militarily to prevent his country from unraveling. Renewed conflict in Abkhazia would not only bring the risk of open warfare with Russia, but strain relations with Armenia, as there are near to 50,000 Armenians in Abkhazia who support the breakaway government.

But that alliance is unraveling as Germany s own status declines, owing to its mediocre economic performance and the loss of its prestigious Deutschemark. Moreover, Germany is increasingly interested in exercising political influence on its own as a result, it is no longer happy with what it gets from the alliance with France.

Today, that consensus is unraveling as America s politicians wrestle with a federal budget that is itself turning into a long war one with its own casualties. The battle lines in this struggle suggest that there is little accord among political elites for any spending, let alone for a long war with far flung commitments.

Given that the United States has not been playing much of a leadership role on many of these issues recently, it is worth taking a look at what happens when no one country exercises effective leadership. One set of answers might seem apparent from the collapse of international trade negotiations and the unraveling international system to control the spread of nuclear weapons.

If asset price bubbles develop, balance sheets may look sound individually, but the entire network of interlinked asset liability structures will become increasingly dependent on overvalued collateral, and thus vulnerable to financial contagion. The unraveling of such a network through panic and runs against financial institutions, asset fire sales, credit crunches, and the like then becomes a nightmare for financial supervisors and monetary authorities alike.