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The resilience of the world economy is built on illusion - it's time the West woke up

Marco Carnelos · Middle East Eye
Published 13 Oct 2026, 7:13 pm·1 h ago·1 min read
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The resilience of the world economy is built on illusion - it's time the West woke up Submitted by Marco Carnelos on Sun, 10/11/2026 - 15:30 Record debt, a paralysed trade-dispute architecture and the normalisation of sovereign-asset seizure as a policy tool means fragility is baked into the global economic system In his Davos speech this year, Canadian Prime Minister Mark Carney recognised that powerful nations were using economic coercion to get what they want, pictured in Alberta, Canada, 1 October 2026 (Reuters/Todd Korol) Off Since 2022, a steady drumbeat of forecasts has warned that…

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