By Fareed Zakaria
“China’s ability to postpone a crisis might lead the powers-that-be to prefer the option of adjustment delayed. That could prove a huge mistake,” argues Martin Wolf in the Financial Times. “Growth cannot be sustained by increasing indebtedness indefinitely. Reform and rebalancing are essential. From what I heard at the China Development Forum last month the Chinese authorities understand this. Indeed without these reforms, their plan for liberalizing the capital account could be lethal. China can avoid a financial crisis. That is a boon, though it also risks reducing pressure for reform. Yet reform must come – and the sooner the better.”
“There are still plenty of diehard anti-Castro figures in Washington. But calling the arguments they marshal threadbare is unkind to threads,” argues The Economist. “Cuba does not threaten American security. It is playing a constructive role in the peace process between Colombia’s government and the FARC guerrillas. Its political system is nasty and undemocratic, but it is buttressed, not undermined, by the embargo. (The reverse is true of the standing of the United States in Latin America.) Waiting for the Castros to die makes no sense when Venezuela’s crisis presents an opportunity now to cement the process of liberalization in Cuba.”
“You might be living through another mass extinction of species—brought on by us humans, who have been changing climate and fragmenting habitats at an increasing clip—but what you probably don't know is that you might also be living through a mass extinction of human languages—brought on by the magic of the internet,” writes Ben Richmond for Vice’s Motherboard.