It’s Not World War III, but It Could Be Almost as Bad – AP –

By Niall Ferguson
Los Angeles Times
THIS IS NOT the first time that world leaders have had their summers ruined by “a quarrel in a faraway country between people of whom we know nothing.” In the summer of 1938, the quarrel between Germans and Czechs over the Sudetenland — which inspired Neville Chamberlain’s notorious phrase — brought Europe to the brink of war…more

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