An Empire Strikes Back: Germany and the Greek Crisis

By George Friedman A desperate battle was fought last week. It pitted Germany and Greece against each other. Each country had everything at stake. Based on the deal that was agreed to, Germany forced a Greek capitulation. But it is far from clear that Greece can allow the agreement reached to be implemented, or that … Continue reading An Empire Strikes Back: Germany and the Greek Crisis

Beyond the Greek Impasse

By George Friedman The Greek situation — having perhaps outlived the term "crisis," now that it has taken so long to unfold — appears to have finally reached its terminal point. This is, of course, an illusion: It has been at its terminal point for a long time. The terminal point is the juncture where neither … Continue reading Beyond the Greek Impasse