“Americans woke up to news today that Germany has nationalized assets–primarily refineries–owned by Russian oil giant Rosneft. Assets worth billions of dollars.
“Though this is not surprising or unexpected, it’s something we should take seriously. Germany and Russia have a famously difficult relationship going back centuries, and when the going gets rough their disputes get ugly (ask just about anyone in Poland or Ukraine). The more armed conflicts between Russia and Germany, the greater the incentive for them to avoid conflicts all together…”