The so-called Arab Spring has aroused considerable excitement and trepidation around the world resulting in major changes on the geo-political landscape in recent times. The Arab Spring is triggered by general discontent of corruptions in the nations suffering gross social injustice and poverty. To certain extent, it signifies the triumph of the Western sphere of influence in that region although it remains an open question whether these “liberated” Arab states would adopt the Western style democracy.
The Arab Spring unravelled at a time of global economic crisis, which is reflected in three aspects: 1. Stagflation in western economies despite cheaper products exported from developing countries. 2. The expected shortage of energy resources and the drive to alternative sources. 3. Banking fraud coupled with mounting sovereign debt and collapsing currency. Faced with these problems the US and Europe may see the Arab Spring as an opportunity to reshape events especially in terms of the Arab oil resources.
Following the Arab awakening, is the West itself becoming the scene of a similar uprising in the form of “OCCUPYING WALL STREET”? People want to know why Wall Street bankers still collect bonuses while the nation drifts nowhere in a state of economic depression. Has the Arab Spring suddenly spread to the West?
The Arab Spring unravelled at a time of global economic crisis, which is reflected in three aspects: 1. Stagflation in western economies despite cheaper products exported from developing countries. 2. The expected shortage of energy resources and the drive to alternative sources. 3. Banking fraud coupled with mounting sovereign debt and collapsing currency. Faced with these problems the US and Europe may see the Arab Spring as an opportunity to reshape events especially in terms of the Arab oil resources.
Following the Arab awakening, is the West itself becoming the scene of a similar uprising in the form of “OCCUPYING WALL STREET”? People want to know why Wall Street bankers still collect bonuses while the nation drifts nowhere in a state of economic depression. Has the Arab Spring suddenly spread to the West?
Last edited by Anon. on Tue Nov 15, 2011 9:33 pm; edited 1 time in total