One rule of finance is “follow the money”. The ructions and rising doubts on the sustainability of the US Treasury Market and dollar in the evolving post-US era economy means it may be time for investment transition strategies – where will the future lie? What aspects of US and other Western Democracies will thrive, and how much more investible will China and, perhaps, India become? What are the risks?

The UK is in danger of becoming the unloved Piggy-in-the-Middle in terms of new global trade and geopolitical alliances. While China and the US place the pieces on the board, the value of Airstrip 1 is unclear. We have chosen where we now lie. We have chosen badly.

The G20 Gabfest in Delhi will boost Modi and paint India as the nation everyone wants to engage with, but it also hints at the end of the current global financial order of the G20, G7, The World Bank, IMF and WTO – No matter, we can build something better.

There is a myth BRICS nations now exceed the GDP of the G7 West. It’s propaganda to boost a story of de-dollarisation, anti-G7 rhetoric and how China and its allies will create a stronger, more equal global market. It’s like watching Stags fight for dominance.