Is there trouble in Davos land? Perhaps a struggle for power among people who are consumed by power lust? From Tom Luongo at tomluongo.me:
July began with a series of bangs that cannot be ignored. I’m not talking about the noise coming from both Russia and Ukraine over the ‘counter-offensive’ or who wants to blow up the Zaporizhia Nuclear Power Plant.
I’m talking about the downstream effects that conflict has brought about. The old world is breaking down along sectarian lines as we watch Russia continue to fight the West to a standstill along the banks of the Dnieper river.
And a standstill should be the most likely outcome on all of our geopolitical bingo cards.
From capital markets to geopolitics I’ve been targeting next week’s big NATO summit in Vilnius, Lithuania as a potential turning point. All of the conflicts out there today clogging up the headlines, from naval encounters in the Persian Gulf to Janet Yellen stoking conflict with China with her mere presence, reduce to a single conclusion.
Every major power faction in the West is fearing loss of power.
In 2018 this was a big insight into geopolitics. Today it’s passe and with good reason.
It’s obvious.
