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Global Daily: Still living in interesting times

12 May 2025 6:08 RaboResearch

“May you live in interesting times” is a phrase sometimes erroneously attributed as an ancient Chinese curse. The general idea being that “interesting” times are more likely to be tumultuous and hard, rather than easy and comfortable. Given that we now live in a time where established orthodoxies like “free trade is always and everywhere a good thing”, ‘the international rules-based order’ and “there will never be an American Pope” are being overturned, its fair to say that the current climate meets the standard for “interesting”.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more