MacroVoices #551 Michael Every: Decoding The Global Geopolitical Puzzle

Geopolitical instability and its profound impact on global energy markets and financial policy define the current economic landscape. Global strategist Michael Every argues that the conflicts in the Middle East and the Russia-Ukraine war are increasingly conflated, creating severe risks for global diesel supply chains. This energy scarcity threatens to disrupt agriculture and logistics, forcing policymakers toward aggressive statecraft, such as the potential restriction of U.S. diesel exports and the use of stablecoins for strategic financial maneuvers. Recent developments, including the permanent U.S. security agreement with Greenland and Denmark, signal a shift toward a fragmented, protectionist global order. Investors must look beyond standard financial data to understand how these geopolitical maneuvers dictate bond yields, currency valuations, and the broader stability of the international trade system.