Right on the Mark

I was going to post this about a month go.  In fact, it was almost a year to the day -- back on January 25, 2025 -- from when I posted a great interview with Mark Carney, the then-Canadian economist (which doesn't do him justice, since he was the former governor of the World Bank of Canada...and former governor of the World Bank of England) that he did with Jon Stewart on his Monday hosting of The Daily Show.  Carney not only wasn't the Prime Minister of Canada yet, he hadn't even announced he'd be a candidate.  I reposted the interview here when he did become Canada's Prime Minister.  It's smart, thoughtful, open and often very funny.  If you haven't seen it, I highly recommend it.

But this is about a another video with Mark Carney -- the one he gave at the World Economic Forum in Davos on January 20.  It got a huge amount of attention, deservedly so, as he discussed the current world order that Trump has shredded apart, and creating a new world order based on new realities -- it's blunt, detailed, hard to hear at times for its blunt assessment of the U.S. today, but spot-on throughout...while never once mentioning Trump.

Other things in the news got in the way, but it seemed a very good time to post it now.  Trump going it alone without an arsenal of allies, as he starts a war with Iran, risking destabilization of the Middle East and disrupting oil prices and more, fits in very well what Mark Carney is discussing here.

Many brief clips were shown on the news at the time, but this is the full speech, which isn't all that long and runs only about 16 minutes.  And it's the speech in full that is so meaningful.  And so eloquent.  And smart.  By the way, it starts in French (with a translator), but don't worry, after 40 seconds switches to English.

If you do watch, keep in mind that when Carney talks about "middle power" nations forming new trade alliances based on common needs, Canada is the top trading country with the United States.  With Canada finding other nations to more diversify its trade with, including China, that's what Trump has destroyed with his tariffs and aggressive belligerence -- and what the elected MAGOPs in Congress have destroyed with him by their enabling, supporting and protecting Trump, being the ones who actually voted to pass his policies into becoming laws.

The inability of world nations to rely on the U.S. under Trump -- and problematically for the U.S -- possibly keeping this new alliances after Trump is made all the more substantive following Trump impulsive and irresponsible actions going to war with Iran.  Not to mention having attacked Venezuela.