In global disputes, political calculus is bumping into economic reality
Whether you’re in Washington or Ottawa, Rome, Ankara or Beijing, you’re getting new reasons to question an old assumption: that world affairs are essentially a matter of world politics, and what political leaders say and do.
Almost with each passing day, we are now seeing evidence of leaders engaged in a delicate calculus, having to balance their political agendas against a common limiting force: hard economic reality.
That’s what has
