The Other Hand

Looking backwards, looking forwards.

Dec 29, 2025
A brisk review of global political risks from Russia, China and looming elections. Discussion of data centers and AI driving surging electricity demand. Reflections on market quirks: tariffs, bond vulnerabilities and why non-US markets sometimes outperform. A look at widening US inequality, UK political shifts, and Ireland’s economic pressures.
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ADVICE

Monitor Key 2026 Elections

  • Watch 2026 elections in Hungary, Colombia, Brazil, Sweden, UK local elections, and US midterms for populist trends.
  • Use these results to gauge the strength of right-wing and populist movements globally.
INSIGHT

Data Centers Become Major Power Users

  • Data centers and electric vehicles will climb global electricity consumption ranks, becoming top consumers by 2030.
  • This surge forces major grid upgrades and reshapes where data centers locate based on cheap, cool power.
ANECDOTE

Carnsore Point Protest Memory

  • Jim Power recalls 1970s Irish anti-nuclear protests led by Christy Moore at Carnsore Point.
  • The memory illustrates long-standing public resistance to nuclear power in Ireland.
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