Germany vs Greece... The Epitaph of the Euro-Zone

Western Europe has experienced a rough spell of weather, the cold wind spitting up snow where the sand meets the seas in Portugal. The same cold bitter winds engulf Greece; and they have had enough of it.

As much as the snow for many has only been a cause for depressed thoughts and feelings. Most dark people will tell you, winter is our summer. Even as a Gothic-economist, the snow gets buried in the financial section of the newspapers still^^The words of default have loomed in the cracks of the euro-zone, though they stay there, freezing further and widening the cracks. The thaw then happens every time new bailout funds are given, only to expand the deepening debt more and more into Europe.

With €130bn up for Greek grabs again plus €200bn debt restructuring plan, default is still going to be there. The German Bund rate fell to one it's lowest levels following the yearn for safe-havens away from Greece, as investors struggle to see why they should still leave financial risk in Greek hands. With €14.5bn due in bond repayments next month, it is only inevitable that Greece is staying frozen. The forces of euro paper expressing their emotions have grown now to the AAA+ & A1 remaining european countries as they lose patience with the delayed default.

Looking towards my main opinion, it is hard to see why Greece has not defaulted yet? Yes there is the thoughts of it turning into a systemic plague with the other debt ridden countries. Though the longer they keep giving free money to Greece, the less money the other Eurostar countries have for their own safety.

With the occurrence now also turning into euro member hatred expressed in Greece, as protesters in Athens burn the German flag. How long will it be until Germany realises they have been saving their neighbour that won't repay the favour?

The other options that have to be considered are the strategic implications of a Greek default, with regards to political and civil backlash. The look of the Greek people can be seen to bestow civil unrest for the long term and how these unfavourable emotions could spill into the other member states. Avoidance of civil unrest after all the inorganic alterations in the economic foundations of Greece will only occur naturally, even if that means we have to leave Greece crumble so it can slowly rebuild itself back.

The worry for me does not lie with Greece, but the rest of Europe, more and more can it be seen that the european nations slowly copy the recovery phase similar to that of Japan's 1990 years? If so...The deed comes nearer and nearer.

This is monetarist and positive economic thought... Do not tamper with money in sovereign areas, it will only deepen the blade. 

Adiós 

Middle East, Democracy and Civil Unrest

If you had to think of a chess match of strategic economics, this would be it.

In chess you have to be as many steps ahead of the opponent as possible, so that the main outcome is to bait your challenger into thinking that he can see your next move. The same can be said in the real world and this could be the playing game with the middle east.

Democracy is one of the stages in the building-blocs to becoming a more advanced country, but the trick is to know when that should be done, otherwise your country could stall or even worse be at the mercy of strategic interplay whether it be economics or geo-politics.

What better way to give an excuse to allow for more foreign intervention than to allow the people in the country, to remove the autocratic government and then have the temporary elected government become corrupt. This is the case in Egypt, this week the military government took action against protesting on the main Cairo square. This resulted in deaths, showing the new Egypt as unstable, allowing for more international pressure to be put on the OPEC state.

Libya at the moment is in a good position, the current governing body seems to have a good strategy to the recovery of the country and implementing democracy in the short medium-term. Also there is an equal amount of cooperation happening in Libya between the government and public, as they give ease and criticism to the transition. Libya was also one of the most developed African countries, thus for the democracy transition, it was inevitably going to be easier. Nonetheless they still had a civil war occur and bombing with NATO (though I think this was in tern for economic aid transaction for the future).


Syria remains highly unstable and also could show a more dangerous side of strategic economics... Allow the country to internally remove itself, where the remaining controller still has a wielding power. This is cost effectiveness for any country which sees a strategic advantage whether be in implementing a new government  strategy or for fundamental resources such as geographic dominance or natural resources for the example. Also external countries have less a reason to enter Syria as it's resource return is low and the public are not that cooperative.

I will continue more tomorrow on this topic, though I just spotted an announcement on 'Moody's' rating agency, which has the French AAA credit rating under view. This is just primarily down to market speculation, as we all know whether it be fundamental behavioural theory or strategic economics, the market is always proactive, though never as rational as a monkey.
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