A Common Path to Irrelevance
Emanuele Scimia, Asia Times | November 14, 2011
Europe and Japan are following similar paths of decline in global importance. ++ Both were once important US allies, but now internal crises and their increasing dependence on Chinese investment have weakened their positions, and they are now seen increasingly as liabilities. ++ If both Europe and Japan do not assemble coherent foreign policies, they will see themselves caught out of the loop while important events like the Arab Spring and the struggle for the South China Sea take place in their backyards.
