If you don't read Billmon...
You really should be...
The parallel with late imperial Germany is striking. Under Kaiser Wilhelm I and his prime minister, Otto von Bismark, the Hohenzollerns went from strength to strength -- unifying the Reich, decisively defeating their ancient enemy, France, enjoying an industrial boom that made Germany the largest economy in Europe. Bismark's diplomatic skills promoted German influence while avoiding (after 1870) war.This is a big read, but definitly well worth it.
Wilhelm II, however, was a different sort of emperor -- insecure and arrogant, inept as a strategist but intolerant of criticism or dissent. He quickly rid himself of Bismark, and embarked on a program of military expansion and aggressive, if erratic, diplomatic bluster. Germany, he proclaimed, must have its place in the sun.
Everybody. Go. Read.
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