Today the word “crisis” is on everyone’s lips. And this is not without reason. In the last few years we have been confronted with an accumulation of crisis situations. It started with the Donald Trump presidency and continued with the COVID-19 pandemic, which not only caused a huge death toll, but also destabilised the world economy. The crisis further deepened with Russia’s war of aggression against Ukraine, undermining the international rules-based order that was built after the Second World War. The war led not only to bloodshed and hardship, but also further deterioration in an already dire economic situation, boosting inflation. So, here we are today!
February 16, 2023 - Marcel H. Van Herpen