Sure but no one that matters believes that

A disastrous foreign policy initiative. No gain, huge loss of influence.

It’s a magnificent illustration of why the project strength / weakness binary is completely confused

This is all just ridiculous noise

Well we’re completely at one on this subject.

A real man deep fries his turkey

cc @peark.es

Yes the schnitzel projects weakness. It is the supine food stock for the alpha predator.

I do like a schnitzel

Stuffed rolled turkey breast v good

Paging @stevepeers.bsky.social

Yes so I think it is deeply encoded and by authority what we really mean is perceived certainty (vs uncertainty). And certainty seeking (- knowing, in a very broad sense) is fundamental to survival. So by ‘authority’ all we mean is certainty (also hence an academic ‘authority’).

The problem is that in order to effectively ‘withstand pressure’ you need something both trade and security oriented that’s much meatier than your typical alliance…and what’s the closest thing to that…?

Anyway my small thought here is if what we’ve seen over the last 20/25 years is an unwinding of multilateralism based pluralism in favour of hegemonic authoritarianism, I wonder if the latter is now peaking and we’re heading towards regionalism based pluralism.

Very well written. And a cogent framing of the past / present / future. Which I have to say largely accords with my own.

I’d add here a second category of useless idiots - the we’ll just have to make the best of if / there’s nothing we can do brigade.

Very much an implication of the logic of the ‘middle powers’ part of Carney’s speech.

Mispriced in the sense that non repayment is bad.

They mispriced it.