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July 10, 2023 at 6:05 pm

France Riots, Macron, NATO, and the Fate of the Empire…

Emmanuel_Macron_Reuters_Thomas_Peter
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by Tom Luongo at Gold Goats ‘N Guns

July began with a series of bangs that cannot be ignored. I’m not talking about the noise coming from both Russia and Ukraine over the ‘counter-offensive’ or who wants to blow up the Zaporizhia Nuclear Power Plant.

I’m talking about the downstream effects that conflict has brought about. The old world is breaking down along sectarian lines as we watch Russia continue to fight the West to a standstill along the banks of the Dnieper river.

And a standstill should be the most likely outcome on all of our geopolitical bingo cards.

From capital markets to geopolitics I’ve been targeting next week’s big NATO summit in Vilnius, Lithuania as a potential turning point. All of the conflicts out there today clogging up the headlines, from naval encounters in the Persian Gulf to Janet Yellen stoking conflict with China with her mere presence, reduce to a single conclusion.

Every major power faction in the West is fearing loss of power.

In 2018 this was a big insight into geopolitics. Today it’s passe and with good reason.

It’s obvious.

But that’s where the easy part ends. Because when you reach periods like this, where some players have gone off script and the plan has not survived contact with the enemy, the natural reaction to that is factionalization.

Cartels are meta-stable,…

 

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