Experts and analysts always say China, but it’s the one you never see coming that hits the hardest. They likely do not account for the fact that China, although ‘rising’, is not trusted throughout the world and will likely have a limited role instead of a leading one on the world stage because of this.
On the other hand, Germany’s stranglehold on and ever-growing control of the EU (the world’s largest economy) is also not accounted for. Couple that with the misguided appearance of being 100% pacifist since the second World War, yet it’s the third largest arms exporter in the world, you can give the upper hand to Germany. It’s a highly overlooked and dismissed fact.
BERLIN (Own report) – The EU crisis is causing a serious weakening of the EU’s foreign policy, concluded a recent study published by the Institute for International and Security Affairs (SWP) in Berlin. Not only are the member states’ financial outlays for foreign and military activities clearly diminishing, due to leeway shrinkage caused by budget cuts, but “conflicts between member states have grown” around how to handle the crisis, according to the SWP. This has stifled “joint foreign policy initiatives.” The think tank points out that the enduring crisis and the hard-line German austerity dictate have damaged the prestige of the EU and, therefore, also severely tarnished its global “soft power.” Particularly damaging are the cuts in the military sector, even ranging up to 30 percent reductions in defense spending of the smaller and medium sized EU countries, jeopardizing their long term capability of participation in EU wars. The option of instrumentalizing a common EU foreign and military policy, to reinforce German clout and eventually promote it to world power status, had always been an important motive in Berlin for the buildup and development of the EU.
The option of instrumentalizing a common EU foreign and military policy, to reinforce German clout and eventually promote it to world power status, had always been an important motive in Berlin for the buildup and development of the EU. Some in the German establishment have begun to question the economic benefit of the Euro. (german-foreign-policy.com reported.) Repeatedly, this has been countered with the argument that giving up the Euro would endanger the EU, which, must be absolutely maintained, because of its foreign and security policy being beneficial to Germany. With a sustained tangible weakening of the EU foreign and military policy, even this motive could become obsolete in the debate on maintaining the Euro.
Full article: Impact of the Crisis (German Foreign Policy)