So, after fall 1901, what's going on?
France: two builds and an army stuck in spain. Doesn't trust Germany. Should probably be reevaluating its relationship with England.
England: can't actually be this incompetent, right? Right?!? On the bright side, somehow managing to keep an army in Liverpool means he can't build there.
Germany: got two builds but can't feel great about France. At least England should be persuadable. Looks like Russia doesn't care about the West for now, which is a good thing for Germany. Austria and Italy didn't do anything stupid against it either.
On the other side...
Russia: managed not to make anyone mad. He's allied with Germany, Austria, Turkey, and England (but probably not really Austria although taking Rumania with a fleet is certainly good news for Austria). Letting the Turkish fleet into the Black Sea looks like trouble or it is just another fake in the not real Russia/Turkey war to allow Turkey's fleet to get out into the open. Russia's two builds will be interesting. Will both go to the south?
Turkey: what happened in Greece? Was that an agreed upon bounce with Austria? Did he expect Russia to attack the Austrian homeland and/or fake it well enough to actually take Greece? Austria could have supported the fleet in if it really wanted to, so perhaps there was no agreement about Greece and both just played it safe.
Austria: Italy tried to take Trieste, or not. Italy and Austria are both dead if they attack each other at this point. The Austria self-bounce lends credence to the sneak attack being real, but it seems so silly at this point that if Italy is an experienced player, I'm guessing it was agreed upon. If Italy is not an experienced player, then they are both dead anyway if they don't patch it up.
Italy: Lepanto. Maybe a sneak attack. Leaving France alone currently. With France likely to get nowhere against Germany, moving west has to be at least a consideration. Not necessarily a smart one at this point, but a consideration. With Venice filled, let's see where the build goes and what it is.