Saturday, April 7, 2012

Goooooood mooooorning Merkonti

Dear reader,

don't worry... This is not aging Adrian Cronauer transferred from Saigon/Vietnam to AFN Europe.

It's just worth reminding that there is a globe still rotating, even without European politicians like Merkel, Sarkozy, Monti ("Merkonti" invented by @Katie_Martin_FX) being completely busy with rescue efforts of their Euro currency and EMU.

Just two articles found today:

Business / Economy Africa looks to China for financing

China becomes Russia's top trade partner in Jan-Feb

and remembering some other from recent past:
Russia plans 'Eurasian Union' on EU model
China, Japan to Back Direct Trade of Currencies
Russia, India to trade in local currencies in 3 years-banker
The Renminbi's Prospects as a Global Reserve Currency
China Is About To Take A HUGE Step Toward Internationalizing Its Currency
U.S. Faces New Challenge of Fewer Troops in Europe

Apr 8th Chinese, Japanese, ROK FMs meet on co-op
Apr 8th Scottish education vs Chinese education
Apr 8th Desperately seeking math and science majors 

combined with latest blog entry from @Wirtschaftswurm:  Wer kann sich das Öl noch leisten?  

The big question is:
What's the importance of Europe economically and even more so politically, even in the near future ?  Are we losing it completely on all fields, because our hands are tied behind the back, because a drowning swimmer can't serve as a bay watcher ? Is there any room left for maneuver, or are we not in fact completely tied down, because of a lack of vision is sold to the public as 'there is no alternative' ?

Imagine what would happen, if German exports to China and Russia will be substituted with a Sino-Russian trade exchange, probably joined by India and Japan ? 

Begging as a 'business model' ?

Update: A little reminder also what Helmut Schmidt envisioned:

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