Nouriel Roubini for PS Longer Reads: The Age of Megathreats

And in a new Big Question, Diane Coyle, Antara Haldar, Harold James, and Anatole Kaletsky consider whether Rishi Sunak can lead the UK out of crisis. [View this message in a web browser]( [PS On Point]( NOVEMBER 4, 2022 The world has entered a "geopolitical depression" that is challenging the economic, financial, security, and international order that the United States and its allies created after World War II. But unlike similarly bleak periods in the past, writes Nouriel Roubini, Professor Emeritus of Economics at New York University’s Stern School of Business, the risks today are downright apocalyptic. [Read more](. [PS Longer Reads: The Age of Megathreats]( [The Age of Megathreats]( By Nouriel Roubini For four decades after World War II, climate change and job-displacing artificial intelligence were not on anyone’s mind, and terms like "deglobalization" and "trade war" had no purchase. But now we are entering a new era that will more closely resemble the tumultuous and dark decades between 1914 and 1945. [Read more]( [PS. Save $25 on a new Digital Plus subscription.]( [PS Big Question: Is Sunak “the One” for the UK?]( [Is Sunak “the One” for the UK?]( with Diane Coyle, Antara Haldar, Harold James, and Anatole Kaletsky Britain’s new prime minister, Rishi Sunak, has vowed to lead the economy out of crisis and restore public trust in government. Given the scale of the challenges ahead – and that Sunak is Britain’s third prime minister in as many months – we asked PS commentators whether he can deliver. [Read more]( [PS Say More: Stephen S. Roach on US monetary tightening, China’s growth sacrifice, the Sino-American rivalry, and more]( [Stephen S. Roach on US monetary tightening, China’s growth sacrifice, the Sino-American rivalry, and more]( Stephen S. Roach says the US Federal Reserve remains mired in the quicksand of excessive monetary accommodation, warns the Communist Party of China against “premature overreach,” proposes a three-pronged strategy for easing Sino-American tensions, and more. Stephen S. Roach, a faculty member at Yale University, a former chairman of Morgan Stanley Asia, is the author, most recently, of [Accidental Conflict: America, China, and the Clash of False Narratives](. [Read more]( [PS Longer Reads: Displaying Our Skeletons]( [Displaying Our Skeletons]( By Dina Khapaeva Between a plague, a war, and the potential for nuclear Armageddon in Ukraine, one might wonder why public enthusiasm for scary movies and creepy decorations remains strong. How has a holiday rooted in pre-modern agrarian rituals survived in postindustrial society, and why has it spread worldwide? [Read more]( [PS. Register now for our next virtual event, The Energy Revolution.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.