Adrian Monck

It’s worked for the Daily Mail for decades so why begrudge ordinary folks!

One thing to remember about these dinners. Everyone attending will probably have got bios, asked who they were sitting next to or sitting opposite, etc.

Global Capital’s Break With the US Is Long Overdue Trump’s policies have accelerated an overdue shift, as US market advantages fade and investors reassess their heavy exposure to American assets.

The most interesting story in global markets right now isn’t “Sell America.”

It’s that reallocating capital toward faster-growing, less-correlated economies could raise returns and reduce risk at the same time.

My Essay for #Bloomberg on why this is good news!

www.bloomberg.com/news/article...

Someone who rose without trace…

Who could have guessed that the answer to the question of how to deal with a sleazy, greedy regime would not be to find a sleazy, greedy representative.

college application help is my go-to example for how American guanxi works - in its most powerful form, it can't be a simple market transaction, but still grows out of business and power relationships

The Dirty Secrets What we actually know about the Epstein network

The Dirty Secrets. What we actually know about the Epstein network. open.substack.com/pub/7thing/p...

The perils of narrowing fiscal spaces When public debt is elevated, the fiscal cost of fighting inflation rises sharply, as interest rate hikes increase government interest expenditures. We formalize this mechanism in a nonlinear New Keyn...

Bad news from BIS. High-debt countries might find themselves unable to fight inflation or stimulate growth effectively. www.bis.org/publ/work132...

Unappointing appointees seems pretty reasonable.

Like Jesus Ochoa and Raymundo Gutierrez leaving south Texas.

“Brexit, just the beginning”

The Regionally Resentful Everyone‘s watching for war with Iran. But something deeper is shifting in the Middle East.

Who might stop an attack on Iran? The regionally resentful. open.substack.com/pub/7thing/p...

🙏 - saw it via Matthew Booker

H/t Matthew Booker

“But Mr. C is not a born Nazi. He is the product of a democracy hypocritically preaching social equality and practicing a carelessly brutal snobbery. He is a sensitive, gifted man who has been humiliated into nihilism. He would laugh to see heads roll.”

“Were he primitive and brutal he would be a criminal—a murderer. But he is subtle and cruel. He would rise high in a Nazi regime. It would need men just like him—intellectual and ruthless.

“Already some of them are talking his language—though they have never met him. There he sits: he talks awkwardly rather than glibly; he is courteous. He commands a distant and cold respect. But he is a very dangerous man.

“Pity he has utterly erased from his nature, and joy he has never known. He has an ambition, bitter and burning. It is to rise to such an eminence that no one can ever again humiliate him. Not to rule but to be the secret ruler, pulling the strings of puppets created by his brains.

“But his contempt is inextricably mingled with envy. Even more than he hates the class into which he has insecurely risen, does he hate the people from whom he came. He hates his mother and his father for being his parents. He loathes everything that reminds him of his origins and his humiliations…

“His colleagues have admired his brains and exploited them, but they have seldom invited him—or his wife—to dinner.

He is a snob, loathing his own snobbery. He despises the men about him because he knows that what he has had to achieve by relentless work men (they) won by knowing the right people.

“His brilliant gifts won for him successively government positions, partnership in a prominent law firm, and eventually a highly paid job as a Wall Street adviser. He has always moved among important people and always been socially on the periphery.

Who Goes Nazi?, by Dorothy Thompson

Who goes Nazi? (Aug 1941) by Dorothy Thompson

“Mr. C is a brilliant and embittered intellectual. He was a poor white-trash Southern boy, a scholarship student at two universities where he took all the scholastic honors but was never invited to join a fraternity.
harpers.org/archive/1941...

The End of China’s Central Military Commission What the Zhang Youxia purge tells us about Xi Jinping’s China

The End of China’s Central Military Commission
open.substack.com/pub/7thing/p...

North American Death Squads

Prime Minister of Canada For decades, countries like Canada prospered under what we called the rules-based international order. We joined its institutions, praised its principles, and benefited from its predictability. We could pursue values-based foreign policies under its protection. We knew the story of the international rules-based order was partially false. That the strongest would exempt themselves when convenient. That trade rules were enforced asymmetrically. And that international law applied with varying rigour depending on the identity of the accused or the victim. This fiction was useful, and American hegemony, in particular, helped provide public goods: open sea lanes, a stable financial system, collective security, and support for frameworks for resolving disputes. So, we placed the sign in the window. We participated in the rituals. And largely avoided calling out the gaps between rhetoric and reality. This bargain no longer works. Let me be direct: we are in the midst of a rupture, not a transition.

Having seen Mark Carney operate around the edges of WEF for 15 years I can only be grateful that decency and intelligence and realism still have a place in democratic public life. This is a speech that any Western leader could have given. You might be asking why yours didn’t…

The Last Multilateralists: Why Science May Be the Only Refuge for International Cooperation | Adrian Monck An early edition from Davos, where I am holed up with the last multilaterists – Scientists! Best, Adrian

Holed up in Davos with the last mulitlateralists – scientists! www.linkedin.com/posts/monck_...

From président Macron to President Trump My friend, We are totally in line on Syria We can do great things on Iran I do not understand what you are doing on Greenland Let us try to build great things: 1) i can set up a g7 meeting after Davos in Paris on thursday afternoon. I can invite the ukrainians, the danish, the syrians and the russians in the margins 2) let us have a dinner together in Paris together on thursday before you go back to the us Emmanuel 5:01 PM

Risks in the age of WhatsApp diplomacy. Trump attempts to humiliate Macron. Macron’s message reveals how easy it is to divide Europe – as if that needed saying – and that Russia is on the way back in.

Guest Column: AI oligarchs meet Wall St and Washington in the Swiss Alps. Adrian Monck, a World Economic Forum board member and former head of communications, shares what he's watching in Davos this week.

Claire Atkinson let me share some pre-Davos thoughts open.substack.com/pub/themedia...

Trump’s Billion-Dollar Board of Peace The new entity has a global remit and a steep price for a permanent seat.

Bored of peace 🕊️
www.theatlantic.com/national-sec...