The Geopolitical Recession

This year marks the most volatile political risk environment in the postwar period, at least as important to global markets as the economic recession of 2008. It needn’t develop into a geopolitical depression that triggers major interstate military conflict and/or the breakdown of major central government institutions. But such an outcome is now thinkable, a tail […]

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Russia’s Perpetual Geopolitics

For half a millennium, Russian foreign policy has been characterized by soaring ambitions that have exceeded the country’s capabilities. Beginning with the reign of Ivan the Terrible in the sixteenth century, Russia managed to expand at an average rate of 50 square miles per day for hundreds of years, eventually covering one-sixth of the earth’s […]

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Markets Are Going To Roil Next Year

The sheer range of known unknowns for 2017 — the outlook for China’s economy, the effect of populism on European politics, the scattergun policy-making of president-elect Donald Trump — makes a low level of uncertainty unlikely to persist. Read Here – BloombergView

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The Iron Law Of Oligarchy

Donald Trump’s victory has changed politics irrevocably. The age of unchecked globalisation and armed missionaries for liberal values is over. And we are entering a new age of great-power rivalry. Read Here – New Statesman

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