By Fareed Zakaria
“[F]irst, a bit of background on the real debt crisis in this country, the one that we haven’t talked about seriously yet, let alone come to terms with – the retirement crisis,” writes Rana Foroohar in TIME. “The key stat you need to know: the median household retirement savings for all workers between the ages of 55 to 64 is $120,000. That works out to about $625 a month. A full one-third of the workforce aged 45 to 54 has saved nothing at all for retirement. At a time when social security benefits are being paired back, public pensions are being restructured en mass, and housing growth is flat (only the top 10 markets in the country are predicted to have any significant price increases in the next 15 years), this is a looming iceberg of a crisis.”
“A diplomatic approach to Iran would not sit well with many in the Syrian opposition,” argues Jonathan Stevenson in the New York Times. “But they also have to face facts: With or without Iran, the United States and its allies will remain wary of any political deal unless the moderate opposition substantially purges its ranks of jihadists, who are infiltrating Syria in increasing numbers.”
“Even partial success in these endeavors would make Russia – which is genuinely concerned about transnational terrorism – more inclined to urge Mr. Assad toward a power-sharing deal, and possibly a graceful exit. Beyond that, it would address the regime’s purported sticking point, namely the opposition’s perceived subordination of ‘terrorism’ to political transition.
“Iran, of course, would prefer the status quo. So what, realistically, could we expect out of this approach?”
“Thirty one years ago, in the midst of growing East-West tensions in Europe, a Russian scientist named Stanislav Yevgrafovich Petrov saved the world from nuclear annihilation,” writes Erol Araf in the National Post. Here’s how: