It has been 65 years since Europe's last major war. Still, when Germany gets up off its knees, the continent trembles.
Last week, the Berlin government announced the best results since the wall fell in '89. From the first quarter to the second one the republic's GDP rose 2.2%. At that rate - about 9% a year if it continues - Germany is running neck and neck with China. Compared to France and the US, Germany is flying nearly 4 times as fast. Greece meanwhile is backing up. Its economy shrank 1.5% last quarter.
The Teuton tribes are an aggressive lot. The Usipetes, Tenchteri, Batavi, Cherusci, Chatti, Vandals, Goths, Franks, Alans, Suebians - all jostled each other for centuries. They must have gotten a taste for competition. And when Rome wheezed her last gasps they fell on her like French tax collectors on a widow's estate. The Vandals pushed all the way across Gaul and Iberia, crossed to North Africa, and from their new base in Carthage, continued to tickle the old Empire until it rolled over on them. Everybody has his elbows out. But competition takes many forms. Better to build Audis and Mercedes than Tigers and Messerschmitts. Better to race for market share than for the Champs Élysée. Whatever form it takes, competition isn't likely to stop. Happily, most of the time, it is a boon to everyone - even to the losers. That's why Germany's current success is only a threat to the economists and commentarists who've been giving her advice. The rest of us hold our breath and hope for more.
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I feel like I shouldn't even tell you about this. But frankly, now that the Navy itself has let the cat out of the bag...
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And in the next few minutes, I'm going to tell you how this source of energy that I call "China Lake Energy" has enough reserves to significantly reduce our dependence on foreign oil. The energy is...
...so powerful that the U.S. Department of Energy believes it has the potential to produce 50,000 times the known oil and gas reserves in the world...
...so efficient, MSNBC reported that it will soon equal the energy output of all 104 of the United States' active nuclear power plants...
...so environmentally friendly, the California state Senate recently mandated that 20% of the state's energy must come from renewable sources just like it within a decade...
Read more and comment ...My name is Sandy Franks, publisher of Taipan Publishing Group.
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