Russia's illegal invasion of Ukraine was the latest in a series of crises that have engulfed the world and affected businesses, countries and societies. Then there was covid, the US-China tensions, the rise of Trump and other strongmen political leaders, the current banking crisis. Are we truly in an age of permacrisis?
Helen Thompson helps us make sense of what's going on. She looks at how slow-moving forces in the energy and currency markets have created tensions within, and between major countries. We are just seeing the first signs of these cracks.
Helen's book Disorder : Hard Times in the 21st Century was on the Financial Times Shortlist for Best Business Book and anyone in business should join us to learn from Helen how geopolitics can affect business and society.
00:00 Introduction
01:01 Energy's outsized role in geopolitics
11:06 The USD as geopolitical strength
20:17 Could hydrogen tip the balance in energy geopolitics
23:30 Decoupling will be difficult
28:14 Prospects for the USD
32:26 Is sovereignty an illusion for other countries?
36:07 The loss of loser consent threatens Western democracies
39:31 Future geopolitics will be difficult and unstable
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