You’re not just imagining things: The end of the ‘everything bubble’ has made the world more dangerous

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Since its publication in October 2022, the themes I have focused on have become mainstream. Everyone now knows that economic, financial, and financial risks are increasing and interacting in dangerous ways with other social, political, geopolitical, environmental, health, and technological developments.

So, in December 2022, the Financial Times chose “polarization” as one of its words of the year. Whichever term one chooses (others have adopted “permacrisis” or “permacrisis”), the growing…

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