King Charles played a blinder in Windsor last night, making Trump feel regal. But the reality is Europe and the UK have difficult decisions to make. Do they remain aligned with a post-hegemonic USA slipping into autocratic polarisation, or do they seek closer Asian connections, including China? There are massive Economic and Geopolitical risks ahead.
Bread and circuses are one of the ancillary costs of dictatorship. Where do military parades come in that equation? The future lies in Bond Yields, but tradition and national spirit remain a key part of the decision to invest in nations.
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