Geopolitical thought for this morning: Pakistan, a nuclear armed nation that has been dealing with an Taliban insurgency for almost 2 decades, is about to swear in a new government. This government faces a $12 billion balance of payments crisis within a month (1) Much of this debt is due to loans associated with a $50 billion Chinese investment plan aimed at building infrastructure to linking China with a warm water port in the Arabian Sea. This would mean easier access to middle eastern oilfields for the Chinese navy (2)