In our Washington-London centric world, we really seem to think that the world revolves around us. After 30 years of free market capitalism ran aground on the rocks of Lehman Brothers, sub-prime mortgage bubble & deficits run up by permanent war…… we still cling on to the past by printing money & bombing poor countries.
The North African war has brought Berlin and Moscow closer. They disapprove. Wait till Merkel loses more state elections and the big one in 2013…
The Japanese earthquake and the debacle at Fukushima-Daiichi has killed off nuclear growth in Germany and much of Europe. NIMBY will ensure no new plants.
Germany may be the solar king of Europe with its capital in Stuttgart (site of the Green Party’s recent triumph and home to solar companies) but it will replace atomic fusion with more natural gas from Moscow.
The Iraq War and Georgia Wars had much to do with conquering real estate gushing with gas. The game is to build pipelines from northern (Kurdish) Iraq and also from the Caspian and send gas to central and Western Europe…. an ex-German Green Leader, Joshska Fisher is paid for his consultancy help for this….
Meanwhile, another German, ex-Chancellor of the SPD works for another pipeline. To ignore western projects and instead pipe in Russian gas.
It is clear that the Russians will win. It will be their revenge for Afghanistan. GAZPROM will be THE energy company in EurAsia.
Berlin and Moscow will become strategic allies. The former selling machine tools and high technology capital goods to re-industrialise Russia and save it from further decline. The latter will become the raw material supplier for Germany as it moves up the value chain ever higher to stay ahead of the Chinese.
The Chinese growth miracle is engineered in Germany with its high technology goods.
London thinks it can remain the hedge fund capital for several decades more. Hubris.
A one trick pony relying on finance and royalty fueled tourism cannot survive in this hyper-competitive world.
The English elite will savour the little war in North Africa and the eyes of the world on its non-event called the Royal Wedding…… it never learnt from Suez 1956 and it cannot give up on imperialism…
The ultimate nightmare would be if Berlin moved closer to Moscow and then towards Beijing…. that will not happen until the next generation of Chinese leaders replace Hu Jintao and Wen…. but the writing is on the Wall ……
Think what the world looked like in 1911 and how it was transformed by 1921… .. this time we will not need a global conflagaration to kill off old empires and ideas….