The Age of Unreality is over

We need a new generation of leaders urgently to shake us out of our moral and economic complacency 

For years, the global trading system gave us cheap manufactured goods. Asian economies helped to keep our inflation low and credit cheap.

Even as they cut defence spending, they stuck two fingers up to the United States, the ally upon whom European security depends. 

The European Union, which contributed to peace by integrating the economies of Western Europe, came to believe it had secured peace beyond France and Germany. It expanded its borders toward Russia, even opening talks with Ukraine, but lacks the hard power to defend its members and friends.

Everywhere we look the foolishness and naivety of the Complacent Generation is beginning to reveal itself. The examples are many, but the energy crisis especially is a case study in stupidity.

Nick Timothy Telegraph 7 February 2022

https://www.telegraph.co.uk/news/2022/02/06/foolish-politicians-have-made-life-easy-enemies-west/


Kommentarer

Populära inlägg i den här bloggen

Det svänger fort på räntemarknaden

Fjolåret blev strålande för flera av de största fondbolagen