On a single Friday in June 2026, five governments on four continents built walls of money, weapons, industry and law — turning a year of integration into one of self-protection.
Analysis · Global Affairs
Key Facts
—The thesis. On one Friday in June 2026, five governments on four continents hardened their money, weapons, industry, law and borders — a pivot from open to closed.
—Money. The Bank of Japan pushed its rate to 1%, a 31-year high, ending three decades of treating inflation as someone else’s problem.
—Weapons. India declared its home-built Netra radar aircraft combat-ready, a deliberate retreat from foreign arms suppliers.
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