The West got itself into this mess being wildly out of touch and delusional, with regards to its own so-called hegemony. The emergence of Russia, China and India as emboldened new powers amid the Ukraine war is becoming more obvious each day. The West has really destroyed its last strand of credibility as the real…
“I was into pain reduction and mind expansion, but what I’ve ended up with is pain expansion and mind reduction. Everything hurts now, and nothing makes sense.“ — Carrie Fisher, Postcards from the Edge So, Davos finally got the mini-me version of Build Back Better through a deeply divided Senate over the weekend. It’s a…
Western modernity is contingent on cheap fossil fuel. If that shrinks, our economies will shrink too – to a sub-optimal level. The poet, WB Yeats, often used in his writings two old Irish folkloric terms: ‘thrall’ and ‘glamour’. Being in thrall to something meant that a person was wholly overpowered by some unaccountable ‘magnetism’ emanating…
Meet Ukraine, a country with Europe’s poorest and sickest population, the hub of cigarette smuggling, the world leader in female body trafficking. When a statutory minimum wage was first introduced in Ukraine, in 2015, it was 0.34 euros, or 34 cents per hour. After that, it was increased: in 2017 it was 68 cents, in…
When all you have left is managing narratives, managing narratives becomes a full time job. This is where The Davos Crowd is today– just before the next Fed rate hike and just over three months out from the US mid-term elections. It doesn’t matter the subject anymore, everything is managed, massaged, wheedled or cajoled into…
It is the collapsing financial system and the attendant inflation that is the main cause of what is rapidly becoming a global crisis. Does it seem like you are living in a science fiction movie you saw when you were younger? The world today appears to a collection of clips from that genre that foretold…
