The Euro is coming unglued, among other things. Rajoy in Spain went down today. Italy is in shambles, and its banking system is non functioning. I hope Beppo Grillo ends up running Italy.
There is a lot of pressure on Europe to go along in lockstep on the whole Russia thing and most of Europe is tied to the US through NATO. But Europe's natural trade partners are to the east. These totally stupid sanctions are forcing Europe to make hard choices which pit them against the US, mostly for the first time in the post WW2 era.
If China survives the next financial panic and credit freeze their plan of the New Silk Road, One Belt One Road initiative will outflank our navies and with China getting Russian energy and India using their ports and all of Europa could be sewn up in to one huge interconnected trading system. China has been investing massive in Africa too. Who knew? If you don't bomb and drone people, and bury them in unpayable debt, you can both come out ahead.
Right now we are "investing" in Africa by having the Sauds bomb Yemen, probably the poorest country in Africa, and starve and spread cholera by destroying the few water plants they have and blow hospitals and schools, killing hundreds of thousands, all using our war goods. That's our investment in Africa. But Europe is just as bad of course. Libya was a Euro hit.
I think it's Entropy. The amount of energy it takes to keep the whole moldering bag of bullshit going is becoming too much to overcome and the leaks are springing and the pipes are steaming and the gears are grinding and its all just too much anymore.
My fear is that they have us so divided that we blame each other instead of them when we are severely tested.
Ho ho we got us a thinker.
You have the very best opinion, my own.
HAH
Italy was long foreseeable but I was not paying as much attention to Spain after the whimper down of the trouble in Catalonia.