Charting The Rise Of A Multipolar World Order Philip Pilkington is an unorthodox macroeconomist. Andrew Collingwood is an equally skeptical journalist. Lately, both have realised that - post-Ukraine, post-Afghanistan withdrawal - the old, unipolar, US-led world order is in its death throes. In its wake, something new is being born. But what shape will that take? That will depend on a combustible combination of economics and geopolitics; trade and military muscle. Each week, our duo take thre ...
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The Six Ages Of China
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1:09:02The common story of modern China’s development is that it has two ages: Mao, and reform. The truth is there are at least six internally coherent economic eras within the country’s journey from basket case to superpower. Each with their own rules and obsessions. That’s certainly the view of Philip Pilkington, who has been crunching the deep data on …
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Lovely Bubbly, EuthanisedUK, Is The Shine Coming Off Sheinbaum?
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1:17:10Would every company be affected if the AI bubble were to burst? That’s what Sundar Pichai, the head of Google's parent firm Alphabet reckons. The facts are startling, with the crypto market shedding more than $1tn in six weeks amid fears that the bubble may just go pop. With bitcoin price at its lowest level since April and the FTSE 100 falling, th…
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Turkish Power, Israeli Pivot: The New Middle East That Is Taking Shape with Firas Modad
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1:07:50Multipolarity Dialogues is a series of interviews that scan the geopolitical horizon. We talk to some of the sharpest analysts, thinkers, and experts about how they see the world beyond the visible edge of the geopolitical now. The Middle East is as violent and fractious as ever. Now the questions that arise from that violence appear more important…
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Premium Edition Teaser: Has China Won The Trade War?
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11:40This week, the Lads are taking the sword to Trump’s big deal with China. The South Korean talks were heralded by both sides as a breakthrough. They reached agreements on US soybean exports, the supply of rare earth minerals, and the materials used in production of the drug fentanyl. They managed to resolve the Nexperia crisis by means of a simple v…
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What's The Worst That Could Happen? With Malcom Kyeyune
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1:10:25This week: Halloween Fright Night on Multipolarity. We’re taking various geopolitical doomsday scenarios, and running through how they would play out, in full ghoulish detail. From Britain disintegrating, to America crashing the global economy, to Forever War on the Eastern Front. And stay tuned for an extra special guest… The Headless Norseman him…
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Audio Essays: Budapest Beanfest, Blessed are the Chipmakers
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52:03This week: two audio essays. Peace is coming to Budapest… whether you believe it or not. So says Philip Pilkington, our man on the ground. The show may be paused, but that doesn’t change the fundamentals: Trump and Putin need a meeting; they need a venue; the Russian President can’t be arrested on sight. And Hungary’s nous in positioning itself as …
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Multipolarity Dialogues: The Dawn of China's New Military Tech Age with TP Huang
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1:00:51About a month ago, the foreign affairs and geopoltical media was abuzz with talk about the Victory Day military parade in Beijing. What had shocked was that, unlike the standard communist bloc military parades, with their thousands of Soviet-style tanks and armoured personnel carriers and well trained goose-steppers, this one showcased weaponry tha…
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Golden Year, Colour Evolution, This Week In Political Instability
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55:54If you’re an enterprising nine year old looking to top up your pocket money, get yourself a bar of bullion. Gold is up to $4000 an ounce for the first time ever – while the dollar is down ten per cent on the year. The biggest drop since, well, since the gold window closed in 1971. Dedollarisation will always mean something-else-isation — this week’…
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Multipolarity Dialogues: Policy Tensor on China's South-Eastern March
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Premium Edition Teaser: Bold & Bankrupt - The Truth About MMT
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13:37Modern Monetary Theory. Magical Money Tree. Whichever name you know it by, everywhere, these days, the intellectual salons hum with people trying to say that they’ve invented that most terrifying of things: a new paradigm. That they have the economic equivalent of Einsteinian Relativity. These people profess that debt is no issue. That a country th…
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Special Edition: The Multipolarity Hotline
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1:03:51This week, it's the sensual adventure in Geopolitical ASMR you've all been waiting for. Our two men talking to themselves on their mobile phones in separate locations. With Philip Pilkington presently locked in a hotel room in China, it seems Andrew is penning him Sleepless in Seattle-style voice notes from Northumberland. Dynamic. Digital. Dangero…
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Multipolarity Dialogues: Carlos Roa On How The New Golden Road Is Shifting Power South
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48:56Multipolarity Dialogues is a new series of interviews that scan the geopolitical horizon. We’ll be talking to some of the sharpest analysts, thinkers, experts, about how they see the world beyond the visible edge of the geopolitical now. This week: Carlos Roa is the Director of Research at the Washington DC Danube Institute. He was formerly the exe…
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Multipolarity Dialogues: David Lloyd Dusenbury and China's Long Cultural History with the West
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50:10Recently, Philip Pilkington and David Lloyd Dusenbury published a couple of papers and an article on the long story of China's intellectual history with the West. A story that extends beyond Marco Polo, and has far more breadth and interchange in pre-modern times than most would suspect. Lloyd Dusenbury is an Associate Professor of Humanities at th…
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Special Edition: Malcom Kyeyune on Venezuela, Iran, Taiwan, and The American Oligarchy
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1:02:54Friend of the Pod Malcom Kyeyune is back, and he’s got that late empire feeling. After the Chinese Military staged an extraordinary parade in Beijing, Washington is worried. The top dog question has resurfaced. In the same week, Elbridge Colby released a new strategic document effectively telling Washington it needs to be far more selective in mili…
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Premium Edition Teaser: Shanghai Surprise, Bolivarian Counter-Revoution, Bond Villains
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12:41Narendra Modi. In Shanghai. In the back of a car. With Vladimir Putin. Positively glowing. The tweets the Indians sent out at the Shanghai Co-Operation Organisation were the equivalent of a taken for granted girlfriend openly flirting with the jocks at the big keg party. The key question: is this obvious piece of signalling going to be stronger tha…
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Multipolarity Dialogues: Why Serbia Is In A Very Weird Place Right Now, with Misa Djurkovic
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57:46As they say in the Economist: "Serbia is at a crossroads..." Anti-corruption protests after the collapse of the station roof in Novi Sad have not gone away, now many months after the event. The country's leader, President Vučić, is under pressure as never before, after 13 years in power. He has offered 'televised dialogues': his opponents have decl…
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All’s Fair In War, Slumdog Day Afternoon, Shite Christmas
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47:51With EU leaders summoned to the White House to take dictation, it seems as though the Ukraine War is entering its final phase. Can the Europeans take their medicine? Or will they stay doolally on the happy pills? India has made it easier for Russian banks to operate. Turns out, Trump’s capricious decision to threaten them with swingeing sanctions h…
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The Semtex Road, Baked Alaska, 404k
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1:00:56The Trump Route for International Peace and Prosperity is now open. Only problem? It goes through a geopolitical electromagnet pulling all the badboys of the region into its tractor beam. The US has taken out a 99 year lease on a corridor that connects Armenia and Azerbaijan. It’s a breakthrough peace deal, certainly. But is it a silk road through …
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Airstrip Zero, Goodness Gracious Xi, AliBaba For Ali Baba
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1:04:13Lawds malarkey guv’nor, Blighty’s popped its clogs. Americans have been hoovering up ‘UK doom’ content ever since Elon Musk decided to push the grooming gangs scandal on X at the start of the year. On the inside, everyone understands the Notting Hill days are long gone. Only some have clocked that the Children of Men era is upon us. Now, with the b…
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Premium Edition Teaser: The Bus To Nowhere
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15:14Get on the bus. Or get on the Trump train. At this week’s Chinese trade talks, Europe has found itself piggy in the middle in the great global realignment. After Team Ursula were shunted off an airport bus by their Chinese hosts, – and given no official welcome, it’s clear which side is now entering their Hundred Years of Humiliation. We’ll be clip…
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Multipolarity Dialogues: Steve Hsu on China's Tech Frontiers
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56:53Steve Hsu is a physicist, a tech founder, the hub of a network of cutting edge thinkers, and the host of the excellent Manifold Podcast. After a record-breaking first appearance, this week, he returns to Multipolarity for his second turn. This time, we want to ask him about the big picture on China’s tech frontiers. Six months on from the Deep Seek…
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Special Edition: Global Cakeism
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45:52Philip Pilkington is away in Belgrade on a foreign assignment, which means we’re serving up a Sleepless In Seattle-style double header, on tariffs. First off: what is the end game for trade and the dollar? With Liberation Day now a distant memory and the passing of The Big Beautiful Bill, Philip has crunched the numbers, and figured out that all is…
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Milei Down and Die, Tears of a Clown, Very Stable Genius Coins
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54:24In a viral video clip, tantric sex expert Javier Milei once said that he only makes love once every three months. Let’s see if he goes to the IMF any more regularly. In the wake of an enormous bailout, we’ll be busting some myths on the grand schemes of Captain Ancap. Meanwhile, in Britain, the finance minister is crying in Parliament, and the Prim…
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The Twelve Day War, 5 Percent? Get Bent, Dead Dollar Bounce
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48:53Nothing Ever Happens. Or does it? A week on from a one act play of a war, we pick through the charred remains of the Fordow Nuclear Site. We’re looking for clues. A smouldering nothingburger here; or a flambéd Middle Eastern order there? Meanwhile, Daddy got his five percent — NATO members have signed up to splash the cash on the next generation of…
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Premium Edition Teaser: Iran Special
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12:01Was it real? As we record this on the morning of the 23 June, we are a little over 24 hours removed from Operation Midnight Hammer, in which USAF assets, including B2 Spirit stealth heavy bombers, attacked the Iranian nuclear facilities at Fordow, Natanz, and Esfahan. US President Donald Trump says that Iran's nuclear programme has been destroyed f…
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