Is liberal democracy in terminal decline?
The old system worked under a set of conditions that are no longer present
In a striking pattern most recently highlighted by US political economist Matthew Burgess
https://www.nature.com/articles/s41562-021-01229-y.epdf
the advance of liberal democracy through the developed world has tended to track economic growth.
Crucially, this framing tells us that while Donald Trump is clearly a singularly disruptive figure, his rise is also symptomatic of much broader social and economic shifts — changed conditions that do not look set to reverse any time soon.
John Burn-Murdoch Financial Times 23 January 2026
https://www.ft.com/content/b4d2c7a3-587d-440f-a7a9-7e5e85b93a88
On Thursday August 9 2007, financial markets suddenly seized up.
https://englundmacro.blogspot.com/2026/01/cognitive-blind-spots.html
In the two years immediately following the nadir of the global financial crisis in 2008, central banks worldwide cut rates 313 times.
https://englundmacro.blogspot.com/2025/10/no-wonder-its-all-booms-bubbles-and.html

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