Carney nails it.

[JohnD]

"The rules-based international order is undergoing a “rupture, not a transition”, Canada’s Prime Minister Mark Carney said on Tuesday, as he urged the world’s “middle powers” to unite in response.

Carney did not mention Donald Trump by name but his speech at Davos won a standing ovation from executives attending the World Economic Forum in Switzerland, where the US president will speak on Wednesday, days after threatening European allies with new tariffs if they do not accept his quest to acquire Greenland."

FT.com

 

[Odds]

US treasury secretary Scott Bessent offered a taste of what is likely to come as he replied to a question on Danish investments in the UK last night by saying, in a bullish style that we have become accustomed to from this administration, that “Denmark’s investment in US treasury bonds, like Denmark itself, is irrelevant.”

 

[Odds]

Global military spending now amounts to $2.7tn (£2tn), an annual increase of 9.4%, the steepest rise since the end of the cold war. Countries around the world racing to increase war spending either in response to perceived threats from Russia, China and the US and the events of 2026 alone are likely to persuade leaders from democracies and dictatorships of the need to spend more.

But for all the projection of US military power into countries such as Venezuela, senior diplomats also quietly believe it could prompt a growing resistance among populations around the world. Though American power is significant, China and other developing countries continue to grow as a share of the global economy, meaning the long-term balance is slowly tipping away from the US.

 

[Odds]

 

[ellal]

"The rules-based international order is undergoing a “rupture, not a transition”, Canada’s Prime Minister Mark Carney said on Tuesday, as he urged the world’s “middle powers” to unite in response.

Carney did not mention Donald Trump by name but his speech at Davos won a standing ovation from executives attending the World Economic Forum in Switzerland, where the US president will speak on Wednesday, days after threatening European allies with new tariffs if they do not accept his quest to acquire Greenland."

FT.com

Carney understands what the 'great reset' is, and laid it out without mentioning those words...

Because those in denial would simply shout 'conspiracy theory'!

 

[MNW67]

Trump is now suggesting that his new Peace Board won't just cover Gaza but will replace the UN. The idea is to have a cabal of despots, kleptocrats and multi-billionaires paying Trump billions of dollars in order to basically rule the world.

 

[charliegolf]

US treasury secretary Scott Bessent offered a taste of what is likely to come as he replied to a question on Danish investments in the UK last night by saying, in a bullish style that we have become accustomed to from this administration, that “Denmark’s investment in US treasury bonds, like Denmark itself, is irrelevant.”

I watched it- really seemed like whistling in the dark from my POV.

On another site, someone commented their pension fund had offloaded 100m in uS treasury bonds because, 'US is not a reliable market at present'.
Five mins later another poster reported a letter in the mail today, not as blunt, but they are re-aligning their investments to Europe and the far east. Coincidence?

 

[MNW67]

“It is a man crush. It’s because Putin’s the badass. He’s what Trump would like to be,” Fiona Hill told The Independent podcast ‘World of Trouble’.

“Trump looks at people who are frankly in charge of everything, who have the kind of, basically, the bling. You know, they’re emblazoned in gold. And that’s what he wants to be. And he believes that he is elevated in everybody’s minds, by their association, by being in their company.

“And that’s what Putin’s got on him. Putin’s got his number. Putin realises he is a man with a very fragile ego, and that he’s somebody that can be manipulated.”

So Trump is trying to build a world around three men. China’s Xi Jinping, Putin, and himself.

“Trump himself is wanting to be recognised by absolutely everybody who matters,” Ms Hill adds.

“And he only gets that (if) he has the approval of people like President Xi of China, President Putin of Russia, the royal families of here, there and everywhere. For Trump, that’s what really matters, that’s the coin of the realm for him.”

Why Trump’s fanaticism over Greenland shows his biggest contradiction

As Donald Trump features as the main attraction at Davos, his fervour over Greenland shows the complex nature of his foreign policy as he veers from Iran to Venezuela, Gaza to Ukraine, explains world affairs editor Sam Kiley

www.independent.co.uk

 

[Vinty]

, meaning the long-term balance is slowly tipping away from the US.

The centre of economic gravity has been moving east for some time now.
Trump is like King Canute trying to stop the tide coming in.