The great global unraveling of 2013?
Europe’s economic unraveling will be matched by a new political geography. The continent is already seeing a reshuffling of its elite, as the traditional political forces in many countries – from Greece to Italy to Finland to Austria – find themselves besieged by an emerging anti-political class of populists from left and right. There is also a renegotiation of the relationship between the “core” and the “periphery” – with many EU member states, including larger nations such as the UK, Poland and Spain, deeply concerned that integration is forcing them to the periphery of the European project…
The Middle East could also become divided like never before in 2013. In the past two years we have seen political action unite the Arab world with an “awakening” that has spread from capital to capital through social media, satellite television and the infectious promise of change. But the story of the year ahead will focus more on the splits…
A story with enormous global resonance is the growing tension between a strong Chinese society and a weak Chinese state, as it drives the new Asia apart. Many in the Chinese elite think their country needs to enter a new era of political and economic change. After Mao’s political revolution (China 1.0) and Deng Xiaoping’s economic revolution (China 2.0), they are calling for a major re-orientation toward a China 3.0.
Now that China’s populace is becoming increasingly affluent, how does the state deal with issues like growing inequality, the need to rebalance its economy and its increasing exposure to the global economy?











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More reeducation camps, silly!
OldEnglish on January 2, 2013 at 5:28 PM
No, the world has been unraveling for years. We’ve still got a lot of water swirling in the bowl before everything goes down the toilet. Let it burn.
RoadRunner on January 2, 2013 at 5:30 PM
A lot to chew on here.
This is not really happening except in Greece. Right now the other countries of Europe aren’t in enough of a state of crisis for these elements to really begin to take power. There are definite stirrings, however, and as the collapse continues we will see more of this. I think we have another 1-2 years before the rot begins to infest Germany, however. France has not yet really begun a Spanish/Greek style collapse and we must go through that before we can get to Germany and the unravelling of the Eurozone.
This guy is right, but he’s still off by a few years. Our policymakers have displayed a remarkable ability to kick the can down the road in the face of this crisis.
Doomberg on January 2, 2013 at 5:40 PM