Macrodose Mark Carney Drops Kayfabe
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Jan 28, 2026 A deep dive into Mark Carney’s Davos speech and its call for new international arrangements. An exploration of how biodiversity loss is now framed as a national security risk. A look at China’s growing Arctic activity and its implications for regional power dynamics.
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Kayfabe Broken In Global Order
- Mark Carney declared the 'rules-based order' fiction exposed, breaking the collective suspension of disbelief (kayfabe).
- This admission from a G7 middle-power signals the rupture in the old global economic order is now undeniable.
Three Events Shattered The Old System
- Three turning points reshaped the global system: the global financial crisis, the pandemic, and the Trump presidency.
- Carney's speech marks the moment the break with the past becomes undeniably visible to mainstream northern elites.
Middle Powers Can Recraft Order
- Carney urges middle powers to build a new cooperative order rooted in sovereignty and mutual restraint rather than raw coercion.
- He warns coercive uses of integration (tariffs, financial leverage, supply-chain coercion) erode long-term US influence and global stability.