Germany? Is that… few days back President Obama was in India, he supported India’s candidature for permanent seat in UN. Germany and Japan the other contenders raised their voices on that. Germany is one of the two elected countries to serve as member of Security Council for two-year terms that begin Jan 1. Germany is also the protagonist for Unified Europe e.g. European Union (EU). Germany is the strongest economy of EU. And the trouble starts here – Germany being the protagonist and the strongest economy faces challenge of saving the EU and the cost could be cases against Government of Germany. Reason? German people were promised two things –
1. Euro would be as strong as Deutschemark
2. There would be a “no bail out clause”

These clauses seem to fail. Euro is struggling because of exposure to stupidity of investment banks and naivety of European countries for example Iceland. Next to show domino effect was Greece in first half of the year, Ireland now and perhaps –Spain, Portugal next to face economic doldrums. “With Great power comes great responsibility” said Uncle Parker [to Peter Parker – Spiderman]. Germany needs to understand it, they need to change their promises or the spiral of over exposure and unified economy [not only of EU but also the whole world] would eat half of our generation.

Balancing this would make Germany either very strong worldwide or make it pauper.

China, is that? According to the recent FT news by 2014 China would roughly touch 20% of world manufacturing production and has already equaled US. As I earlier wrote [reference Macroeconomics class of Prof Mankad] China is replicating Japan on many fronts and is doing it phenomenally well. China hold Treasury bonds of US in effect it can twist arms of USA any time. Yet it faces a few challenges –
1. for a strong economy of China, US and other nations importing Chinese products should be economically strong or China needs to increase consumption of its produce in China itself
2. growing % of population in old age e.g. less working population.

There could be many ways to tackle this issue –
1. Work Visas to people of different nationalities
2. Automation
3. A least unlikely one is mildness on communism to attract foreign nationals

India, is it? Perhaps, yes! I may be biased yet the economic, demographic and intellectual capital it posses, this country seems the contender for coming 10-20 years. The secret lies in the leadership, current duo of Dr Singh and Mr Chidambaram is a good combination. However, India needs to be cautious building next leadership line is the need of the hour.

Coming back to the troubles in EU, I strongly see a solution in applying TRIZ (the Theory of Inventive Problem Solving) for the situation. As far as the super power is concerned, only time will tell us who the super power is, I would bet on India and China, more on India ten years from now. Cast your vote…

KRD Pravin

Here I am supposed to write about myself. Professionally, I am quite serious and a workaholic; personally I am an individual who enjoys what he does and takes life as it comes. I am passionate about my work and actions and empathetically careful, attached and committed to them. All this makes me a fierce competitive professional and yet a compassionate soul, the Yin and the Yang together. Balancing is the art to be practiced using the middle path. From -


bet365 · November 30, 2010 at 4:03 am

hi I was luck to find your blog in digg
your post is splendid
I get a lot in your theme really thanks very much
btw the theme of you site is really wonderful
where can find it

    Pravin · December 6, 2010 at 5:57 am

    Dear Friend,

    Thank you for your kind words. The theme is from WordPress itself you can search for Sunshine, sunrise or something to locate it.

satish · December 17, 2010 at 2:42 pm

cool man your writing is too cool … i have make point to read ur blogs

Next super power? | Business to the Buddha · December 15, 2013 at 4:29 am

[…] Thank you so much for visiting our blog. We have moved from WordPress to self hosted blog at The blog you wish to read is at […]

Leave a Comment