The surface of our skin beats with the fear that a new iron curtain will descend, that there is pressure to box in China and Russia, to divide the world into camps. But that is impossible, because – as noted in last week’s newsletter – we live in a knot of contradictions and not in a clean cut world of certainties. Even close allies of the US, such as Australia, Germany, Japan, and India, cannot break their economic and political ties with Russia and China. Doing so would plunge them into a recession, bringing the kind of economic chaos that war and sanctions have already brought to Honduras, Pakistan, Peru, and Sri Lanka. In those countries – already battered by the International Monetary Fund by the greed of the elites and by foreign embassies – rising fuel prices have transformed an economic crisis into a political crisis.

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