Some ideas refuse to die. One of these is the notion of a European “reversal of alliances” into the arms of Russia. The phrase refers to the unexpected decoupling from former allies, accompanied by an unexpected alliance with former enemies. In 1756, Austria, which had always been an ally of Great Britain, instead allied with its longtime foe, France. Meanwhile, Great Britain and its old enemy, Prussia, became allies — resulting in the Seven Years’ War.
You hear it in Europe from the “new right” and the far left — at conferences where people swoon over “multipolarity” and in the corridors of Germany’s Bundestag, where desperate industrialists plead for Russia’s Gazprom to reopen its taps.
If this reversal of alliances was possible in 1756, why not in 2026?
I’m sure Carney has bought in.
