Russia's Turn

Image by didkovskaya via FlickrWhen things were rumbling in Egypt I predicted this democracy tsunami is also going to hit America and Russia and China. Well, it did hit America. We call it the Occupy Movement. And now looks like it is Russia's turn.

China might have largely skipped the Great Recession but there is no skipping the democracy tsunami. But I think the democracy wave will have to succeed in Russia before it touches China. Just like the wave will have to succeed in Iran before Saudi Arabia is affected.

I am positive. Obama's reelection will not be the biggest news of 2012. 2012 will be the year of the tsunami of democracy.

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• A slap in the face for United Russia (blogs.ft.com)
• Russia...Iran Redux? (pathtothepossible.wordpress.com)
• Therese Raphael: Russia's Collision Course With Change (online.wsj.com)
• Russia: A Half Democracy (kavalon.wordpress.com)
• Russia to stay 'neutral' on Iran oil embargo (eubusiness.com)
• Buffalohair, Funny How Russia, China and The Media Hates Rick Perry. (annlrd.wordpress.com)
• Russia's elections (thetimes.co.uk)
• Russia Set to Enter WTO; Approval Expected (ibtimes.com)
• Vladimir Putin: A Potemkin election | Editorial (guardian.co.uk)
• Hillary Clinton warns Russia, Egypt on elections (sfgate.com)
• Clinton has 'serious concerns' on Russia... JPost - International (againstred.blogspot.com)

The Real Story Behind The European Mess

Image via WikipediaThe market is sending strong signals.

The Europeans did the economic union thing, and they did the single currency thing. But they thought they all could still be all these various sovereign nations.

And the market is saying no to that.

The economic union and the single currency needed to be followed with a political union. The Europeans needed to work on that years ago. Not attempting a political union was a mistake. And the Europeans are paying a price.

And if they are not going to go for the political union the economic union is going to unravel. The single currency could fall apart.

This storm is major.

Related articles

• Blair scare over Euro woes (thesun.co.uk)
• EU bailout: In trying to save the euro, Germany is making demands that cannot be met | Simon Jenkins (guardian.co.uk)
• The Coming European Superstate That Germany Plans To Cram Down The Throats Of The Rest Of Europe (2012indyinfo.com)
• John Major and Ed Balls top list of five Britons who kept UK out of euro (guardian.co.uk)
• Behold The New Anschluss: ECB's Paramo - "Prepare To Give Up Significant Sovereignty" (zerohedge.com)
• Two-speed Europe, or two Europes? (economist.com)
• Merkel Urges Political Integration to Stabilize Euro (nytimes.com)
• Eurozone crisis: European Union prepares for the 'great leap forward' (guardian.co.uk)
• What can Eurasian Union learn from EU troubles? (rt.com)