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No, this isn't another of Barbara Boyd's interminable dronalogs ... it's a usefully brief written summary of how the WEF is panicking over the imminent loss of the Ukraine and how that will play out against the backdrop of the ever-growing BRICS trading bloc.

The West is in terminal decline and if Ukraine falls (as, despite Boris' best efforts, it seems destined to do) then they have nothing left.

Germany seems to be well aware of this, as are other European states no doubt. The EU could not realistically survive the fall-out.

Panic in Davos.