The peasants are rebelling against the bien pensants. The people of Europe are pushing back against their would be masters, symbolised by the Tractors of the Dutch, German and now French Farmers as they blockade the Citadels. Misleadingly portrayed as 'Far Right', the key feature is the ESG and Green Leap Forward policies that have, unbidden, replaced the Common Agricultural and Common Industrial Policies as the Raison d'etre of the EU and that are, as the farmers put it " absurd, extreme and unworkable" . There is a high 'risk' that this will drive increased nationalism and ultimately seriously damage to the EU and the other associated Globalist institutions.

With almost half the world voting in 2024 we see Populism upsetting the status quo from both left and right. Davos Man is facing something of an existential threat this year. Globalists have sold a false premise that the system has to be either Capitalism or Socialism, when in fact it can have both. Instead we have 'third way' Crony Capilalism/Corporatism in the West where households are excluded as Governments and Corporates are essentially being run for their own benefits. This has reached the point of over-reach and populists from both left and right are going to push back with a different interpretation of Build Back Better

A year ago this week the Russians officially recognised the breakaway republics of the Donbas and triggered a ‘Special Military Operation’ (SMO) that in turn triggered a spike in risk premia that shocked markets.

The marvellous British word ‘defenestration’ is seemingly only ever used when a politician is metaphorically thrown out of the proverbial window and as such will doubtless be all over the UK press in the next few days as Chancellor Kwasi Kwarteng loses his job and the administration of Liz Truss hangs by the proverbial thread.

The 100th anniversary of the Chinese Communist Party will be presented as a time of calm in a sea of international chaos as Xi looks to a third term and further progress to his view of socialism.