Afleveringen
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Ian Proud was once Britain's man in Moscow.
A career diplomat of 24 years, he got to look in directly upon the withering relationship between the United Kingdom and Russia, in the crucial period from 2014 until 2019.
In fact, he rebuilt embassy staffing structures following the mass expulsion after the March 2018 Salisbury nerve agent attack.
Since then, Proud has been outspokenly critical on questions of UK-Russia relations.
This week, Philip and Andrew are trying to get into the British diplomat mindset as relations approach a crucial juncture.
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Trumpism 2.0 offers both danger and opportunity.
Trumpism 1.0 was built around being tough with China.
And while that is no longer a rhetorical priority for the big man, much of what was started in 2016 has since become the accepted wisdom in DC.
Today, Trumpism 2.0 is as much about American competitiveness – in an international market that has slipped further away from its hegemon across the last eight years.
It’s about deregulation, DOGE, and developing strategic dominance in the emerging fields of AI, weapons tech, and genetics.
We’re in for four years of great power competition with China - against a background of a new focus on US competitiveness.
Almost no one spans these subjects as elegantly as Steve Hsu.
A professor of theoretical physics, startup founder and one of the most prominent members of the new counter-elite that has recently emerged from the high tech world of America's west coast to challenge the status quo in Washington DC
Steve's research has included black holes and quantum information, dark energy, quantum gravity, and quark matter. He has also contributed to the field of genetics, especially on the construction of genomic predictors of complex human traits.
Steve has founded several startups, including Othram, a company that uses DNA sequencing to help solve hot and cold criminal and missing persons cases, Genomic Prediction, which pioneered polygenic screening for embryos in IVF, and most recently Superfocus, an enterprise GPT that uses Large Language Models for language capability.
Somehow, he finds time to host Manifold, one of the world's most interesting podcasts and a must-listen for all those who wish to keep abreast of the ideas and knowledge of the Silicon Valley and VC world.
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Zijn er afleveringen die ontbreken?
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Don’t call it a comeback! Four years after the last embers appeared to have been snuffed out, this week, the Syrian Civil War shocked fans by announcing it’s getting the band back together. Is the world’s most confusing conflict about to get explicable? Not entirely. We’ll be explaining why the situation in Aleppo is not something you’ll brush up on soon.
Meanwhile… The fireworks guns have been a great special effects innovation. Madam President is certainly giving a hammy turn of character acting. But the script is stale. The dialogue is dreary. Frankly, the franchise is dying. Is this the last of the colour revolutions?
Finally, The French can’t pass a budget. The Prime Minister is about to resign. The President himself is running around the middle east gladhanding potential bond buyers. Two and a half months on from his bold gambit, things are looking positively pre-revolutionary in the Elysee Palace. Macron has kicked the can down the road – now the can is kicking back.
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As the first every intermediate range ballistic missile to be fired in anger lands on Ukraine, it is more than just a world historic event in the evolution of arms. It’s a shot across the bows for the broader West.
How do we style this one out?
Right now, our leaders are a gorilla holding a ming vase.
Given their overall skill levels, will we make it through the present crisis without losing our eyebrows in the white heat of a nuclear blast?
In part one of this week’s special edition we’ll be considering the US-Ukrainian Missile attacks that kicked off the present round of tit for tat.
In part two, we’ll be considering the retaliatory threat of the Russian Oreshniks.
And in part three, we’ll be considering the overall playbook for World War Three.
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In a very special episode, we’re celebrating our hundred with a walk back along the yesteryears of Multipolarity.
Two yesteryears in particular - 2023 and 2024.
That’s right: we’re old enough to remember the Multipolar world back when it was a glint in Xi Jingping’s extreme-UV lithography factories.
Back when American decline was just a gobbet of drool on Joe Biden’s chin.
Back when the Middle East wasn’t entirely on fire, and Germany hadn’t yet totally fallen off a cliff.
Before the Houthi rockets, the BRICS bank notes, and Tucker Carlson’s Moscow hamburger.
Back then, on January 10, 2023, there was a brand new podcast, but one sophisticated enough to have registered its own web domain.
Now, after 100 episodes, we’re taking some time, letting our belts out, pouring a glass of Macallan Lalique, putting some of our own classic grooves on the record player, and getting a bit wisftul.
We’ll be going on an audio tour of Multipolarity world.
You’ll hear a clip from an original show - then you’ll hear us, reviewing it.
What it meant then, what it means now. Where our predictions were off base - and where we were bang on target.
We’ve charted the rise of a new multipolar world order. Now, we’re charting the charting…
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From Marco Polo to Marco Rubio – the West keeps rediscovering that China is a big Asian landmass with a mind of its own. So is Trump’s hawkish new Secretary of State about to get himself tangled in a Chinese finger trap of tariffs?
Meanwhile, back on the Europe thing, Multipolarity’s pet punching bag Ursula von der Leyen is about to be put through four years of BDSM, as the Trumpists resile from the European frontier even while picking fights with its leadership. Is Ursula’s post-election pledge to buy more US natural gas just the first of many times she will be called upon to kiss the Don’s rings?
Finally, we’ll be raising a glass to the death of the polling industry, long predicted on Multipolarity. Far from dining out on their prowess, the Nate Silvers and Anne Seltzers of this world will have to figure out whether they can eat excuses. Is there a grift still to be had in a world where the alleged experts can’t just +4 for the Shy Trump Effect?
***
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At the centre of the Global American empire, a storm is coming. But it’s in the European periphery that the effects will be the most acute.
Can anyone steer a path through the rocks?
We’ll be looking at chaos in the German auto industry - as Volkswagen overruns its cost budget by 20 per cent.
At chaos in the European Union - as a heavily dug-in Von der Leyen regime goes full bunker mentality.
And chaos in merrie ol’ England, as the wet wobbler Keir Starmer brings down the final curtain on the Special Relationship.
Between one world and the next, between a rock and a hard place, it is America that decides, but it is Europe that is going to have to choose a new future.
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After the BRICS meeting in Kazan, a picture of a bundle of fake BRICS banknotes began to circulate online. Right up to a picture of Putin holding one, like a mobster holds a cigar.
The intent was mocking. But while the end goal of the kind of paper that rappers shove into g-strings is still a long way off - in the background, the bureaucratic elves of BRICS were chipping away at the dense, dull, paperwork of a new payments system.
This was never going to be a big bang. More like popping the world’s biggest roll of bubble wrap.
After all, like the nuclear secrets themselves, the mechanism for making a new international method for the settlement of accounts is an obscure and technical thing. And it is eighty years since anyone tried to do it from scratch.
Few people are better placed to be the Robert Oppenheimer to this kind of project than Warwick Powell.
Powell is Adjunct Professor at Queensland University of Technology and the author of "China, Trust and Digital Supply Chains”, and "Dynamics of a Zero Trust World".
At his Substack, he blogs about China, trade, and the dense subterranean plumbing network that underlies the global payments system.
This week, he joins us… to explain how to make a new global currency.
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Moldova has voted to join the EU – A referendum won by less than a single percentage point. It’s less clear when the EU’s citizens get their vote on whether they want to house a very poor, seriously divided, minority-Russian post-Soviet state. Surely this is the moment the eastwards expansion runs aground in the geopolitical reality?
Meanwhile, China and India have quietly settled their long-running border dispute in the Himalayas. Far from the recent era where rival troops would run at each other with sticks - or even the notorious 2020 microwaving incident - this bizarre superpower friction seems to have been cleared up inside a few paragraphs. Is this proof positive that the BRICS are turning their attentions outwards?
Finally, the story that the Trump campaign has launched a complaint against the British Labour party has spooked the Starmer regime. Staffers campaigning for their Democratic Party cognates seemed like a cute idea and a nice holiday. But if these naive limeys wanted to know how strictly Americans take their electoral laws, they should have dropped a dime to Steve Bannon’s prison cell. Is this the greatest example yet of how the disinformation NGO blob is rapidly destroying its handlers?
***
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Oil might be about to fall out of bed, because of an almighty concatenation of the US elections, the Houthis in the Red Sea, the Israelis striking Iran, and the Iranians striking The Strait of Hormuz. If it pushes toward $300 a barrel, they’ll be laying it down like Chateau Lafite.
Meanwhile, Serbia says it might be joining the BRICS rather than entering the EU. Is it really that important to get away from Croatians? Or is it more to do with the increasingly centripetal force of its Russia relationship? Luckily, Great Power competition in the Balkans has very few bad historical connotations.
Finally, 153 Chinese military aircraft, plus drones and warships encircled Taiwan on Monday, as the Chinese python gave its rebel province a friendly squeeze. But this is more than just another shot across the bows. It’s a clue that far from the Private Ryan D-Day fantasy, the Chinese would choose to take the island by siege.
***
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Something a little bit different.
In a crowded news week, we’re bringing you only two stories - but three hosts.
Katrina, Sandy, Helene. In the annals of hurricane disasters, the latest storm is looking like it might post a new high score on the leaderboard. But the response has been little short of a new low score from the creaking US federal bureaucracy.
Malcom Kyeyune has been tracking the fallout. He thinks it’s the perfect example of an end of empire US elite prioritising foreign aid over domestic help.
Finally, not long after the bombs fell over Lebanon, the Iranian bombs began to fall over Tel Aviv. And no information blackout could hide the multiple online clips of strikes.
It was fine for Hamas bottle rockets, but now that big regional players are showing their technological hand, the Iron Dome seems more like a porcelain potty.
But beyond the he-said she-said of the Israeli wars. Is there something seismic happening here?
Are we in fact witnessing a massive real-time evolution in the eternal balance between missile defence and missile attack?
***
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Hezbollah has been decapitated. As the turban falls off Hassan Nasrallah for the final time, we’ll be assessing whether anyone will pick up the crown of Jihad they find lying in the gutter.
Meanwhile, British Foreign Secretary David Lammy is reportedly spending a third of his daily time planning an operation as big as D-Day to resettle displaced Lebanese in Europe.
After the bombs fall, the refugee deluge dawns. After Ukraine, after Syria, can Europe even cope with the latest wave? And what does it say about Lammy that he can plan D-Day with only a third of his time?
Finally, in Austria, the party that spurred Europe’s original Nazi panic, Jorg Haider’s Freedom Party, has come top of a national election, fifteen years after his death.
This should be a moment of high moral drama. But in the year of Geert Wilders and Marine Le Pen, it just feels like today’s deja vu. Are we inured? And should we be?
Of course, what with it being premium week and all, most listeners will be more like a European social democratic party - excluded.
So get it while you can. Or get on Patreon and sign up.
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For decades now, Germany has stood as the doughty centurion at the gates of European civilisation. A nation of recyclers, engineers, and a super-sensible, hyper-dull political class.
But since 2022, German exceptionalism has taken a helluva beating. The country has been haemorrhaging its manufacturing base, and with it, the social consensus that lasted more than thirty years is beginning to unwind. What are the long roots of this crisis?
This week, The Lads are joined by Philipp Mattheis to discuss Germany's downward spiral. And its future.
Today, the trains literally do not run on time. So with the rise of the AfD, will the country soon hire a leader who can make those trains run on time?
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There’s a changing of the guard at NATO. Down comes the regimental banner of Jens Stoltenberg. Eyes right, salute, the former Dutch PM Mark Rutte. Some say the Treaty Organisation has never been more relevant. But is that a bit like the man who jumps from the 23rd floor still looking very well as he passes the 3rd floor?
Meanwhile, a new OBR forecast accuses pensioners of placing too much burden on the British treasury - tripling the national debt by mid-century. At the same time, The Labour government is fast-tracking euthanasia through parliament. Is Killer Keir’s latest economic strategy just The Day of the Pillow?
Finally, there hasn’t been a Trump assassination attempt in at least forty eight hours. Unless there has by now - in which case please ignore this message. What does the never-ending conga line of would-be nation-destabilisers say about the health of the US polity?
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Touted in Eurocrat circles as a document that can square the circles and circle the wagons. Praised to the hilt by the Commission, hotly anticipated by industry, to some this is Europe's last best attempt to recant and repent before it is zapped by Asian competition and the ongoing energy drought.
This week, we've cleared the decks to rake over the Mario Draghi report into European competitiveness.
Can this arch-insider come up with the special sauce that sets the VW plants humming? Can he weave a "European Google" out of thin air? Or how about just a European Temu?
400 pages and 170 proposals later, The Lads have their answer...
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As Pavel Durov remains in French hands, we’re wondering whether Europe can finally develop its own Silicon Valley simply by mass detention of top entrepreneurial talent.
Or whether perhaps this is the desperate last whelp of a society increasingly bypassed by the global tech economy.
Meanwhile, in Germany, the story of the day is that the AfD have taken a great swath of Thuringia and Saxony, while Sara Wagenknecht has gobbled the rest. This is democracy in action – so can it be stopped?
At the same time, the EU is redefining its central budget. For member states, that 1.2 trillion annual pocket money is no longer free - it will be conditional on economic reforms. We’re about to find out what exactly Slovenia is prepared to do for its slice. Better yet, what will Hungary do?
Finally, as Turkey applies to be the latest BRIC, we’re wondering: is this the point when it’s quicker to build a new acronym from states who aren’t in the club?
As you may have noticed, this week is an extended, four-story gutbuster of an episode.
That’s because it’s Premium Week – and we believe in giving our Patreons a little extra on the side. And round the back.
If you want to join the club, you too can sign up on Patreon to listen to the full version - it's 5 Pounds, Euros or Dollars a month. Cancel any time.
Simply go to https://www.Patreon.com/multipolarity.
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Thomas Fazi has been watching the EU implode for over a decade.
He's widely known as a contributor to UnHerd and Compact, and for his 2014 book: Battle For Europe: How An Elite Hijacked A Continent.
His work on the corruption of European institutions stretches back to the 2011 Sovereign Debt Crisis.
Multipolarity has been consistently arguing that the jesses of central bank policy are being used as political levers to keep the EU's wayward member states together - in contravention of both the letter and the spirit of its treaties.
Fazi has been another voice, consistently been making a similar critique, but from a Marxist perspective.
This week, the lads invite him on, to compare notes.
You can find Thomas' popular Substack here:
https://substack.com/@tfazi
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As Ukraine punches into Kursk, and the world asks whether this is this more Kaiserschlacht, or more Ardennes Offensive, cooler heads are focused on the bigger picture.
Word is Kamala Harris is going to sack Jake Sullivan. Given that Trump would have sacked him anyway, we’re now into a world where the pro-Ukraine top team is, fait accompli, gone. Which means the US pivot to Asia is increasingly nailed on.
Meanwhile, two years after Joe Biden’s signature Inflation Reduction Act, it turns out the thick end of four trillion dollars buys you a huge boom in the construction of factories – but not much by way of a green economy. As new research shows many of the pop-up LLCs the IRA spawned are popping into Chapter 12, we’re sifting through the debris, looking for recycling.
Finally, Azerbaijan is the latest BRIC in the BRICS. After their short and decisive war with Armenia, this rising former western ally is now binding itself to Russia. In the global carve-up bigger picture, should we really keep on getting Armenia in the divorce?
***
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Kamala Harris is ahead in six key swing states - according to several major polls. All of which are categorically wrong.
Could the ghost of the Shy Trumper be about to smite the Dems for the third election running? And why are the usual media suspects pretending it isn’t a thing, never has been, never could be?
Meanwhile, in Malaysia and Indonesia, a new domino theory is starting to stack up. In the world of friendshoring and belt-and-road, the Pacific rim was always going to be the key prize - and China is gaining the upper hand.
Finally, Twitter-X is being pitched into a classic royale — between the mobile forces of capital and the fixed forces of national politics.
Not content with fighting a flame war against Keir Starmer, Elon Musk now being set upon by Thierry Breton - Europe’s information commissioner. Which is like being savaged by not one dead sheep, but two.
In the most mobile industry in the world, thirty years of globalisation theory suggests there can be only one winner. One look at Musk’s meme game says he could still flub it.
***
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The bears are coming. As Japan posts the biggest one day stock market losses since Black Monday, we’re asking whether this dip is a passing blip – or the big ka-blam?
Meanwhile, Argentina’s reserves include almost two million ounces of gold, valued at $4.5 billion. But lately, there’s a question that’s on everybody’s lips: where is it?
The gold seems to have been transferred out of the country. But why, no one can say.
Is this some sublime economic master-stroke from the wacky professor Milei? Or just the equivalent of a desperate gambler taking his wife’s gold rings up to the pawn shop?
Finally, in a subscriber-only super-section, we’ll be covering the British race riots.
The events of the past few days have shaken the British establishment to its core. With no clear narrative, and an increasingly balkanised society, the country’s leaders now seem clueless and visibly scared, as they face down the fruits of eighty years of immigration policy failure.
For our Patrons, we’ll be taking the long view - tracing the history of British immigration; then extending into the far future - looking at the demographic realities of the UK from here on out. And, of course, we’ll be hashing through the story of the day.
What can an already wobbling Starmer regime do in the face of the tectonic forces being unleashed?
Be warned, this one’s a black pill so big it might be a black suppository.
But to listen, you’ll need to be signed up to our Patreon.
Just go to Patreon.com, search Multipolarity, and pay 5 dollars, pounds or euros a month. You can cancel any time.
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