aoncreed.bsky.social
@aoncreed.bsky.social
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From the archive
January 21, 2026 at 4:15 PM
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EU commissioner for trade Maroš Šefčovič is absolutely right to question the usefulness of the WTO: "If the WTO is to meet today’s challenges, its rules must be fair and deliver balanced, legitimate outcomes. Currently, they do neither."
www.ft.com/content/2ff1...
The WTO needs an overhaul
We must question whether the ‘most favoured nation’ principle remains fit for purpose
www.ft.com
January 21, 2026 at 3:13 PM
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Sometimes you get a few minutes on live TV with a billionaire. I tried to make them count! 😅
January 21, 2026 at 4:00 PM
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1/Its easy to write off Trump as a mad king on Greenland. But it is as much about Court politics -- Trump and his insiders -- than simply a tantrum. Like any King, it is about makeup (hint: Estee Lauder).
www.theguardian.com/us-news/2026...
How a billionaire with interests in Greenland encouraged Trump to acquire the territory
US president’s friend Ronald Lauder – who first proposed Arctic expansion – is now making deals in the island
www.theguardian.com
January 21, 2026 at 12:24 PM
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This seems like a good time to point out that Carney argued already at Jackson Hole in 2019 that long term, there had to be an alternative to the dollar www.ft.com/content/f661...
January 21, 2026 at 12:02 AM
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What I cannot understand is how any US policemen can be allowed to be:
1. Masked
2. Without name plates
3. Armed.
To anybody knowing European history this sounds like Hitler's brownshirts, also known as Sicherheitsabteilung (SA).
January 21, 2026 at 2:37 AM
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Trump er i ferd med å etablere et hjemlig skrekkregime i form av paramilitære styrker med statlig lønn. Dette minner nazistenes brunskjorter, det fryktede SA, sier Jonas Bals. Det er på tide at vi gjør oss mest mulig uavhengig av MAGA-regimet og Trumps USA. www.tv2.no/nyheter/samm...
Sammenligner ICE med Hitlers «brunskjorter»
- De rekrutterer målbevisst på en måte som tiltrekker seg menn med høyreekstreme og fascistiske holdninger, mener Jonas Bals.
www.tv2.no
January 20, 2026 at 9:09 PM
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The one thing that is growing extremely fast is the wealth of the top billionaires:

The top 0.00001% used to own the equivalent of 3% of national income in wealth in 2010

Now they own the equivalent of 12% of national income!
January 20, 2026 at 8:59 PM
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We hear it all the time:

Since the turn of the 2010s, thanks to the rise of tech, the US has pulled ahead economically.

This idea is everywhere from Washington to Davos—and it's paralyzing Europe

But it's simply not true!

Let's look at what's really happening, with charts🧵
January 20, 2026 at 8:59 PM
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“The old order is not coming back. We should not mourn it. Nostalgia is not a strategy.”

As a piece of prose and geopolitical analysis Carney’s Davos speech feels history-making. paulwells.substack.com/p/the-carney...
The Carney doctrine
Open comment thread on the PM's Davos speech
paulwells.substack.com
January 20, 2026 at 7:56 PM
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1/Carney laying out in plan language the logical conclusion of US weaponization of interdependence. As US turns to coercion for parochial political goals rather than global public goods, it will spur growing backlash.
Carney: "American hegemony in particular helped provide public goods, a stable financial system... this bargain no longer works. Let me be direct. We are in the midst of a rupture, not a transition... recently, great powers have begun using economic integration as a weapon. Tariffs as leverage ... "
January 20, 2026 at 4:31 PM
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In a speech to the World Economic Forum, Mark Carney says middle powers such as Canada must accept that the rules-based international order is effectively dead, and great power rivalry with is here to stay. Key excerpt:
January 20, 2026 at 3:48 PM
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❤️
January 20, 2026 at 7:20 AM
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🧵 Trump’s Greenland brinkmanship puts the EU’s Anti-Coercion Instrument back on the table. Few cases fit economic coercion more cleanly.

But the ACI is often misunderstood. It’s not a bazooka, but a slow-loading cannon, able to fire anything from heavy shells to hot air. Here’s how it works ⬇️
January 20, 2026 at 2:32 PM
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An Arctic Mujahedeen, eh? What a time to be alive.

Canada's Global & Mail: Military models Canadian response to hypothetical American invasion. www.theglobeandmail.com/politics/art...
January 20, 2026 at 2:45 PM
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"Though a drop in the ocean in the context of the US Treasury market, the planned divestment by AkademikerPension marks an important symbolic step in the current political context as institutional investors rethink what constitutes a safe haven."

www.bloomberg.com/news/article...
Danish Pension Fund AkademikerPension to Exit US Treasuries
The Danish pension fund AkademikerPension is planning to exit US Treasuries by the end of the month, amid concerns that the policies of President Donald Trump have created credit risks too big to igno...
www.bloomberg.com
January 20, 2026 at 2:42 PM
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Wealth is buying political power. Today's billionaires "make the robber barons look like petty thieves."
Martin Wolf & @pkrugman.bsky.social dissect modern oligarchy in their @financialtimes.com podcast.
Their highlighted solution?
The tool America invented: progressive taxation.
January 20, 2026 at 1:12 PM
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Gass konkurrerer med både kull og fornybare energikilder.
Våre forskningsresultater om det grønne energiskiftet har tydeligvis provosert noen.
Takk til #Minerva for at syv feilaktige påstander om forskningen blir tilbakevist i et åpent tilgjengelig innlegg: www.minerva.no/bard-harstad...
Klimafellefeil av Sjølie
Én forskningsbeskrivelse inneholdt syv betydelige feil
www.minerva.no
January 20, 2026 at 9:38 AM
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I wrote about how concentration camp regimes evolve and why it's not too late to stop this, even though we are deep in it now.
Into the abyss
The correct response to Dachau was not better training for the guards.
degenerateart.beehiiv.com
January 20, 2026 at 3:37 AM
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Good Martin Wolf piece on the global return of mercantilism. What is new about this piece is that it seems part of a growing recognition among global opinion makers that mercantilism and trade war didn't start when deficit economies with...
www.ft.com/content/cd68...
The dangerous triumph of neo-mercantilism
Liberal trade policies are giving way to frictions that could lead to outright conflict
www.ft.com
January 20, 2026 at 5:28 AM
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Du vet den følelsen når du på slutten av en skikkelig god krim tar deg til panna og tenker «hvordan kunne jeg unngå å se at svaret lå der hele tiden?».

Vel, helt urelatert til at den gamle verden kollapser, makta flyttes i hendene på ekstremister og krigene der vanlig folk skal dø rykker nærmere:
January 19, 2026 at 8:36 PM
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Everyone continually sharing this Otto von Bismarck meme and snarking about how hilarious it would be if it actually happened.

(TBF the 1914 Alan Beattie would totally be doing this.)
January 19, 2026 at 8:18 PM
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January 19, 2026 at 7:48 PM
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The Greenland nonsense should prompt Europe to use the nuclear option: they should threaten to stop honoring U.S. patents and copyrights. That would quickly educate Trump backers like Larry Ellison and Mark Zuckerberg cepr.net/publications...
Time for Europe to Use the Nuclear Option: Attack U.S. Patent and Copyright Monopolies
Trump’s push to seize Greenland includes $75 billion in tariffs that hit U.S. consumers, while Europe could respond by targeting U.S. patents.
cepr.net
January 19, 2026 at 6:04 PM
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German Finance Minister
January 19, 2026 at 12:53 PM