Helmut Schmidt-still Europe's most authoritative voice-analyzes the dangers facing this drifting world, with warnings about an abdicating Europe and an inadequately informed, economically self-regarding America. He diagnoses European and American interests, and presents realistic prescriptions for common needs. He sees our problems and our countries in their complex interrelatedness and suggests new policies with enviable clarity, most especially in the military-strategic and the economic realms. A required text, eloquent, wise and urgent, for policymakers and concerned citizens alike.