The world is changing minute by minute
We are witnessing a seismic shift in global affairs. The shake-up is a perfect storm of political, demographic and technological change that will soon make the world as we have known it for the last 30 years almost unrecognizable.
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Conventional wisdom also assumed that an indebted U.S. was in permanent decline, a cash-rich China in ascendency. The world would increasingly make the necessary political corrections as it pivoted eastward.
But none of that conventional wisdom now seems very wise -- largely because of a number of technological breakthroughs and equally unforeseen political upheavals.
The eurozone is unraveling. An aging, shrinking population and a socialist welfare state lead to serfdom, not utopia. War guilt and EU membership will no longer ensure German subsidies, but rather serve to alienate the German public. Europe's cloudy future hinges not on Brussels technocrats, but on Europeans learning how to deal with a dynamic, increasingly confident and peevedGermany .
The Arab Middle East is now in a free fall. Tyrants in Egypt , Libya , Tunisia andYemen were ousted, while one in Syria totters. But while the world hoped secular democrats would follow in their wake, more likely we are witnessing the emergence of one-election Islamists like the Muslim Brotherhood.
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