21 January 2026

Happy New Year

It's a bit late. I thought of writing about the fact it is election year in New Zealand, but that seems almost inconsequential when the entire international order is being turned upside down, primarily because the President of the United States does not value individual freedom, liberal democracy, free market capitalism or alliances at all.

It's easy to cheer the overthrow of Nicholas Maduro, but perplexing to see the anointment of his Vice-President as someone Trump can "do business with" while snubbing the actual Opposition leader, who actually won the last election and has broad based support, because presumably she hasn't shown enough obeisance to him.  Venezuela is better off, but not by as much as it could be.

It's also easy to be hopeful that Iranians will shrug off the evil, totalitarian Islamic Republic, and starve the likes of Hamas and Hezbollah from waging terror on the people they govern and hate, but note that for all of the bluster, it's far from clear what anyone else is doing to help Iranians remove their racist, misogynistic masters.

It's not so easy to be optimistic about Ukraine, even though it has largely held off the Russian military from total victory, because on the one hand Europe has been pathetic in providing support it needs, and President Trump has decided that Russia taking over its immediate neighbours is none of his business.  On the other hand it is hard not to see Russia flailing about as a failing empire, with an economy largely fuelled by moral relativist allies buying its oil and gas, while producing 1980s era military hardware, as its population tumbles and it looks to Beijing to give it some assurance.

It's also not so easy to be optimistic about Taiwan, again although most of its citizens are willing to fight for their free, liberal democratic "Republic of China", because nobody really knows if Trump will help it, or not. Japan looks like it might help it, which would be a significant step. However, we know the leadership in both Canberra and Wellington are far more interested in selling goods to the aggressive PRC than in showing any moral leadership.  Meanwhile, the PRC itself faces multiple challenges, ranging from a spiralling property investment debt bubble, declining population (especially among working age adults), 30 million more men than women and a population increasingly fed up with the distractions of the CCP.

It's difficult to not be pessimistic about the divide between the US and Denmark, Greenland and the rest of Europe. The US has almost unfettered access to Greenland for military purposes under NATO. The mineral resources of Greenland are far too costly to extract given the thickness of the Arctic tundra. The idea that the US, rather than Denmark or the people of Greenland themselves should govern the world's largest island because of an "imminent threat" is just absurd.  There is no threat from the PRC through Greenland, and the threat from Russia seems specious when there us little effort to kneecap Russia's revanchism over Ukraine (and elsewhere). Turning all of Europe against the US is not something many would have forecast, but it makes Moscow and Beijing grin.

On the other hand, there is mild optimism that Israel remains capable of inflicting a bloody nose against Hamas when it seeks to wipe out Jews, although there is less optimism that an enduring peace settlement can come from Israel and the Palestinian Authority.  Maybe the overthrow of Iran could help that, but so would US pressure on Israel. 

There is some optimism that the self-sabotaging policies of many Western countries, in regulating and taxing industries for the sake of mitigating climate change, only to see those industries shift to China, India and elsewhere that do not care one bit about mitigating climate change, is coming to an end. However, there is little optimism that it will be matched by liberalising economies and freeing them from the constraints that mean Europe, in particular, generates little new business innovation on a global scale.

There is also optimism that the trend towards the post-modernist critical constructivism that ranks people like Marxist-Leninists, according to fictional hierarchies of oppression and domination, is losing traction. More and more people are resisting the confected idea that merely because of your race, sex, gender and sexuality you're either an enlightened downtrodden oppressed victim who needs to be "listened to" and "empowered" (even if you're already a high-profile politician or celebrity with a large personal fortune) or an obsolete oppressive white supremacist (you don't even have to be white) misogynist who should be "shut down" and "know your place" (even if you're an unknown nobody who owns little).  This whilst those claiming it are living in the economic and social system that has allowed the greatest level of prosperity, freedom of self-expression and diversity of viewpoints and lifestyles in human history.

However, the pessimism is that part of the reaction to this is to embrace post-modernist conspiratorialism that is xenophobic, ultra-nationalist and anti-capitalist, that doesn't just want to leave peaceful people alone, treats outsiders as the enemy rather than people who can embrace free-market capitalist high-trust liberal democratic society, and sees criticism of itself as being as binary as the far-left critical constructivists.

Nevermind, I have something else on my mind this year.

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