Some people online say I was wrong to forecast an upcoming economic crisis for this summer and thereafter.
I beg to differ.
Brent crude oil has just hit $100 again. This is the FT chart.
If this does not say that markets are waking up to the reality of what I have been saying, I am not sure what does. That uptick is not stopping right now, especially with safe passage through the Red Sea now also being in doubt.
The cost of Trump's fascist war - apart from that to all those who have died and been injured, displaced or lost loved ones on all sides - is going to be enormous, and might now last for years.
I would have thought that the world would have realised by now how expensive fascists are, wherever they seek to grab power, including here in the UK. It seems that might not be true, as yet. But I think the realisation will dawn sometime soon.
The problem is, where do people go then?
Where is the party with the credible alternative political and economic narrative?
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Where is the party with the credible alternative political and economic narrative?
As Mike Parr say, we need 600 newbies.
Starting with one person per constituency who is already known for getting stuff done (and maybe has an MBE..)
Leavened with a sprinkling of political comedians eg Count BinFace.
Lightly held together with the common agenda of the Politics of Care.
But above all we need a brand new, shiny, sparkling MMT-literate Chancellor-of-the-Exchequer-in-waiting to lead the way…
I do not want to be an MP
I share this from Robert Reich. If I were anywhere in the AI supply chain, even the place where the tech bros get their coffee on the way in, I would be extremely worried.
https://open.substack.com/pub/robertreich/p/the-crash-of-2026?utm_source=share&utm_medium=android&r=1v0a6q
I agree with him. There will be a video in the morning – actually made yesterday
“Where is the party with the credible alternative political and economic narrative?”
It’s a fatalistic view but I think Count Binface and his equivalents in other countries are those alternatives….. At least they do stand for TIARA.