Opinions #08/24
Opinions #08 / 24
The current military situation, with one conflict in Europe and another in the Middle East, suppresses every emergency on the planet, starting with the environmental and climate emergency. Even the most virtuous countries have sharply reduced their targets and investments. Dominant is the “exposure” that constantly forces one to address the consequences of today’s (non)choices. With all constraints loosened, global public debt continues to grow at a dizzying rate. Especially in the G7 countries, of which the USA has the lion’s share. The attention of world governance seems to be focused more on various scenarios for Taiwan’s future, this time in Asia, than on managing the monstrous debt. The stress test resembles a war game, in which there is unlikely to be a winner.
Senior correspondant
