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Craig Murray — The Pivot Point

Summary:
Sometimes history appears to be approaching a pivot point, and then the weight swings back and nothing happens. But sometimes it does tip, and times such as these are times of great potential for change. I see hope, for example, in the upsurge of support for Green politics, and the happy convergence of popular political discontent with rising awareness over climate change. This may be a point in time owing to a crisis or a process during which a realignment is worked out. I would bet on the latter alternative. This is likely to extend at least over the decade of the 20s s an "interregnum" (A. Gramsci). This will be a period in which the American millennial generation supplants the post-WWII "baby boomers" as the most numerous generation and the trendsetters. Globally, there is already

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Sometimes history appears to be approaching a pivot point, and then the weight swings back and nothing happens. But sometimes it does tip, and times such as these are times of great potential for change. I see hope, for example, in the upsurge of support for Green politics, and the happy convergence of popular political discontent with rising awareness over climate change.
This may be a point in time owing to a crisis or a process during which a realignment is worked out. I would bet on the latter alternative. This is likely to extend at least over the decade of the 20s s an "interregnum" (A. Gramsci). This will be a period in which the American millennial generation supplants the post-WWII "baby boomers" as the most numerous generation and the trendsetters. Globally, there is already a realignment underway in which the West is losing its dominant position that commenced half a millennium ago. This is likely to be a period of conflict.

Craig Murray Blog
The Pivot Point
Craig Murray, formerly British ambassador to Uzbekistan and Rector of the University of Dundee

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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