We’re Drifting Towards World War 3 The Economist argues that there are ominous parallels between the conditions which led to the first world war and today: The United States is Britain, the superpower on the wane, unable to guarantee global security. Its main trading partner, China, plays the part of Germany, a new…
How the West became China’s willing servant Eurozone leaders have brought their begging bowl to China, looking for help in boosting their bailout fund. So what does this say about the shift in the global balance of power? In October 1911, China rose up in revolution. Four months later the last emperor had fallen and…
The First WikiLeaks Revolution Tunisians didn’t need any more reasons to protest when they took to the streets these past weeks — food prices were rising, corruption was rampant, and unemployment was staggering. But we might also count Tunisia as the first time that WikiLeaks pushed people over the brink. These protests are also about…
Is China the Next Global Resource Glutton? UPDATE: Gold has continued its appreciation today. Overall commodities and emerging markets were the main driver. The key chart today is copper which broke out to make new highs on the year (and since August 2008 for that matter). Indicator suggests CHINA RISK RISING Given what we have…
AFGHANISTAN: The Grand Chess Game for Control of Central Asian Resources By Michael Cayne Thursday, Jan 14, 2010 Though not being reported in the mainstream American press, there is a very intense struggle going on between the U.S. and China to determine which nation will emerge as the dominant presence in Central Asia. These two…