[thoughtstheseus]

The Western economies are focused on managing orderly decay and concentrating wealth into the elderly and elites. Not growth. Not durability. They are fragile, that’s why the money supply jumps to meet gaps. Expect more inflation in the West, you need a depression (short) imo to change this dynamic.

Russia, China, and Iran have a winning strategy. The West is about to lose this war and potentially its role in shaping global order. The Rest will rise up shortly after.

Maybe that’s good/bad, but global volatility has risks either way.

[conover]

You don’t usually hear the notion that Iran has a winning strategy. Rather than downvoting, I’m going to say that your comment lacks credibility.

[thoughtstheseus]

I don’t usually hear credible and thoughtful discussion on this topic…

Fiona Hill’s 2023 Lennart Meri Lecture describes this well.

Here’s a link:

https://lmc.icds.ee/agenda/lennart-meri-lecture-7