Current Affairs

analysis of world events

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  • The Japanifacation of China, or not

    There is an argument that China’s economy is entering a difficult phase dependent on growth. The worries concern prime industries but especially the property market and high end manufacturing, but the arguments in the FT and elsewhere is that China is entering a bubble where stocks, property and currency are overvalued, which doesn’t quite tally…

  • What did NATO achieve in Washington

    NATO didn’t quite get there for Ukraine, but its attempts to Trump proof any agreements that Trump would make with Putin, could and would be undone by NATO’s affirmation of Ukraine as a partner. The US elections ran large over NATO’s summit in Washington and everyone was watching out for any gaffes that Biden would…

  • France’s move to the right

    The Front National (FN) founded in 1972, is a bi pass of an argument that forgot the terror  the French felt during the Vichy government and was also a hangover from the war in Algeria. The FN ran on an argument of immigrant bashing, which challenged the thread that was French democracy, and implanted an…

  • Critical time for the world, is America up to it…?

    It was sad to see Biden stumble about on stage and lose his train of thought. Neither candidate seemed that well-informed and if the free world rests on the inconsistencies of Trump or the frailty of Biden, the world is in trouble. There was an element of sadness that the frailties of Biden were on display,…

  • The basket case and the anarcho-economist

    It’s strange that politicians are there to tell you how brilliant they are during the boom years, but have excuses for all the other years that economies have struggled. But the boom years themselves are manufactured by those same politicians when they get into power. Millei of Argentina, has to a degree come to the conclusion…

  • While the Liberals put a smile on the face of the British people… the others are serious.

    So the liberals have spent the first week charming the British public with their leaders antics. Falling off paddle boards, going down water slides and running a boat past Richi Sunak, while he is knee deep in a media blitz. But the serious politicians have not had it easy, Richi Sunak’s exit sign and Titanic…