
Multipolarity
Charting The Rise Of A Multipolar World Order
Philip Pilkington is an unorthodox macroeconomist.
Andrew Collingwood is an equally skeptical journalist.
Lately, both have realised that - post-Ukraine, post-Afghanistan withdrawal - the old, unipolar, US-led world order is in its death throes.
In its wake, something new is being born. But what shape will that take? That will depend on a combustible combination of economics and geopolitics; trade and military muscle.
Each week, our duo take three off-radar news stories and explain how each is shaping our multipolar reality.
Latest episodes

Nov 23, 2023 • 59min
El Presidente AnCap, The Case of the Missing Bonds, New Model Houthi
Goalkeeper, rock singer, sex guru, anarcho-syndicalist libertarian strongman El Presidente: Javier Milei has lived the life twelve year old boys dream of. So what happens when a true force of nature meets the iron law of Argentinian decline? Can Captain Ancap defeat the spectre of El Peronismo? The Chinese may be dumping US Treasuries. We’ve heard the theory so often it’s begun to sound like a conspiracy. But now a famous economist has graphs to back it up. Are they right? Or is this just another punnet of gay frogs? Until recently, the Houthi used to be just a typical Middle Eastern rebel terror group: kalashnikovs, pipe mortars, colourful flowing robes. But hold it there stereotype-ers: the Houthi have had a fabulous makeover. As of this week, they’re capturing Israeli cargo ships with helicopters, abseiling and Go Pros. As the Gaza conflict stain continues to spread, is the new aerodynamic Houthi a sign of things to come in the region? *** Twitter: https://twitter.com/MultipolarPodPatreon: https://www.patreon.com/user?u=86737989

Nov 16, 2023 • 47min
Special Edition: The US Military Comes Under Attack In The Middle East
The U.S. and coalition troops have been attacked at least 40 times in Iraq and Syria since early October. Initially, we were told there were only a handful of injuries. Now we hear there are scores. Why did they lie? As the US fumbles the bag on its response to the Gaza Crisis, regional actors are scenting blood. This week, in a special edition, we’re going to be talking about America’s power vacuum in the gulf. The war is expanding horizontally – and vertically. Many are wondering whether the US can still save its allies – and even if it can save itself. Malcom Kyeyune has been wondering aloud too. In a three-part essay series for the New Statesman, he has been surveying America’s strategic bind. This week, he joins us once again, to war game the war games. We’ll be talking about the base attacks that kicked it off. About The Strange Case of a Declaration of War that signalled America no longer even wants to acknowledge how deep the sinkhole goes. And about the region’s overall future as its hegemon wilts. *** Get Malcom's essay here: https://www.newstatesman.com/the-weekend-essay/2023/11/american-decline-strikes-bases-middle-eastSupport our fight against poorly-informed Pentagon hawks here: https://www.patreon.com/user?u=86737989

Nov 9, 2023 • 2h 17min
Twitter Spaces with Malcom Kyeyune: The Scariest Scenarios
Halloween is when the freaks come out. So, this year, we're establishing our own fright night with Malcom Kyeyune, formerly Twitter's terrible infant. Tinkzorg, until his account was nixed. Now easily findable under another, NK-enjoying, moniker. The lads put him through his paces in a two hour fifteen Twitter Spaces session, that covered everything from nukes in the Middle East to things that are much, much worse than that... Please enjoy our gutbuster.

Nov 2, 2023 • 52min
Erdogan Enters The War, Sanctions Busting, Land of Hopeless Tories
Recep Erodogan gave an inflammatory speech last week, in which he effectively backed the Hamas position, proclaiming them mujahideen - freedom fighters. Turkey, the lads suggest, is now openly trying to become a multipolar rallying-point for the muslim world. New polling suggests that Europeans think the Russian sanctions have been a disaster. Yet our present political class still have too much skin in the game to walk this one back. So how long must our emperors remain naked before the embarrasement becomes excruciating? In Britain, after two dire by-elections, the Conservative party is breaking records in all the wrong directions. With the party due to be reduced to a rump anyway, what will they do when Britain dips into a recession next year - and the rump becomes a morsel?

Oct 26, 2023 • 21min
Premium Episode Three: The War In Six Months Or A Year
In the next six weeks, anything can happen between Israel and Gaza. But in the next six months or two years, the consequences become in some ways more predictable. It is to this medium-range gaze that the lads now turn: looking at the US Presidential election, the EU's turn against Atlanticism, and the next energy shock, in a chock-full third premium edition of Multipolarity. To access, sign up on Patreon.

Oct 19, 2023 • 59min
The Coming Gaza Migrant Crisis, The Battle for Gaza City, The Golden Tusk
As Israel moves its artillery in to level Hamas, a new migrant crisis is brewing. Their Arab neighbours won’t take them - so with 2.1 million Gazans falling under every ECHR definition of refugee, is Europe’s always fractious migration politics about to fully fall off its perch? And while we’re on the subject, how is the war hotting up? After some humming and hawing about whether the IDF ground forces are ready to send the hummers in, we ask whether the Israelis and their allies are getting cold feet. Or is this the calm before a violent dessert storm?Off the naughty step. Donald Tusk has led a liberal anti-law & justice coalition to power in Poland, promising to put them back onto the path of being good European citizens. So what now for Europe’s internal axis of evil?

Oct 13, 2023 • 41min
Israel, Israel, Israel
There's only one geopolitics story this week. This is our take.

Oct 5, 2023 • 50min
Gold's Dedollarisation, Indian Assassins, The Green Default
Gold has lost its tiny mind. Traditionally, it rises in line with inflation surges. And falls with interest rate rises. Until now. Like a classic heist film, there’s a plot underway. Central banks, including China, are buying it up in bulk, preparing for a future of de-dollarization. The fallout between India and Canada rumbles on, with India expelling 41 Canadian diplomats. The world’s most unlikely political rivalry might be terrible for international thriller writers, but as we’ll be pointing out, it’s also terrible for the West’s ability to project a united front against an increasingly voluble Developing World. Nearly twice the Irish GDP has been pumped into Biden’s big green bill, the so-called Inflation Reduction Act. So as renewable stocks collapse by 20 per cent in recent months, are we about to see his Democrats hoist on a wave of renewable company defaults? *** Catch us on Patreon, yo: https://www.patreon.com/user?u=86737989

Sep 28, 2023 • 23min
Premium Episode: How To Invade Taiwan
Praise the Lord, it's Premium Week. In a gut buster 90 minute sesh, the lads are taking apart the most likely scenarios for a full-scale invasion of Taiwan. The military strategies. The economic implications. From the whistle blowing on a troop carrier as the gate falls, to the itchy nuclear trigger fingers in Beijing and Washington, this is our full kino take on how the war would be won, and where it would get us. To listen, please go to Patreon and sign up for the $5 tier. You can cancel any time. https://www.patreon.com/user?u=86737989

Sep 21, 2023 • 54min
Invading Mexico, The EV Wars, The Share Buyback Con
It hasn’t happened since 1914, but invading Mexico is suddenly back in fashion. Dan Crenshaw and Tom Cotton want to send US Security Forces across the Rio Grande. Vivek Ramaswamy wants a shock and awe campaign in the drug war. For all the obvious aesthetic value, this week, we consider: Is it actually a good idea to invade a neighbouring state? Ursula von der Leyen has launched an EU probe into Chinese EVs. Coincidentally, it seems, at the exact moment that Chinese EVs are rapidly overwhelming their German and French competitors. Is this yet more evidence that the old WTO world is breaking down under the intensity of Far Eastern competition? Or is it just an entirely randomly-timed, totally-above-board probe? Remember stock buybacks? When the QE financial firehose was first turned on, CEOs with nothing better to do found they could boost shareholder value by simply buying up their own equity with free money. But as rates normalise – and the tide goes out on all those overvalued corporations – it’s time to see who was swimming naked.
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