The Economist (September 6)
“Insurgents who want to smash the system often end up running it.” Europe’s hard right is a threat to the economy and leading or polling strong in Britain, France and Germany. “In Italy they are in power; in the Netherlands they briefly led a coalition; and in Poland in June their presidential candidate saw off the nominee from the centre. By 2027 the hard right could be in office in economies worth getting on for half of European GDP.” The best case scenario is ” stagnation, at worst a bond-market rout.”
Tags: Bond-market rout, Britain, Economy, Europe, European GDP, France, Germany, Hard right, Insurgents, Italy, Netherlands, Poland, Polling, Power, Smash, Stagnation, Threat
Washington Post (December 7)
Moving the embassy to Jerusalem could have been used “as a leverage for peace.” Instead, Donald Trump “used it to smash crockery in the region,” which “pretty well summarizes the Trump Doctrine.” Any so called successes “have been things Trump has undone (the Paris climate accord, the Trans-Pacific Partnership) or is in the process of undoing (the Iran nuclear deal, NAFTA). Relations have soured with Britain, continental Europe and countries from Mexico to Australia.” Meanwhile, Russia is gaining power and “the terrorist threat is decentralizing rather than dissipating.”
Tags: Australia, Crockery, Embassy, Europe, Iran nuclear deal, Jerusalem, Leverage, Mexico, Nafta, Paris climate accord, Peace, Russia, Smash, Terrorist threat, TPP, Trump, UK
