The internationalist political battle
A climate of uncertainty and anxiety is pervading the world capitals. A deeply troubled economic trend, the persistent pressure of migration flows of epic proportions, and the wars on the European borders with the threat of reactionary terrorism are fuelling these feelings. «The fog of war» has anything but dispersed.
A climate of uncertainty and anxiety is pervading the world capitals. A deeply troubled economic trend, the persistent pressure of migration flows of epic proportions, and the wars on the European borders with the threat of reactionary terrorism are fuelling these feelings. «The fog of war» has anything but dispersed.
The global recovery is feeble, slow, and subject to threats in spite of the huge amount of capital injected into the markets by the central banks. «The globalisation of uncertainty» remains a feature of the current cycle. The unexpected and unusual proportions of the ECB's quantitative easing are a confirmation of these anxieties. What is particularly frightening are the problems of the emerging countries and the slowdown of China.
Winds of war
