Daniel Davis Deep Dive Patrick Henningsen: NEW Trends from DAVOS
Jan 21, 2026
Patrick Henningsen, a geopolitical analyst and founder of 21stCenturyWire.com, dives into significant shifts revealed at Davos. He explores Trump's speech and the emerging great power rivalry, emphasizing the implications for middle powers. Henningsen critiques Canada's shifting ties away from the U.S. and the potential for de-dollarization among allies. He also discusses Europe's concerns over U.S. tariffs, NATO's role as a protection racket, and the risks of conflict with Iran. A thought-provoking conversation on the new geopolitical landscape!
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Middle Powers Eye New Alignments
- Mark Carney's warning signals middle powers may abandon the old US-led order and seek new alignments.
- Patrick Henningsen argues Europe and Canada might pivot east economically and politically if US backing weakens.
De-Dollarization Risks For US Hegemony
- Henningsen says US dollar advantages let America subsidize industries and distort trade relations.
- He warns de-dollarization moves by allies (e.g., Denmark) could cascade into a systemic problem for US power.
European Leaders Publicly Push Back
- Emmanuel Macron and other European leaders publicly challenge transactional US tactics and tariffs.
- Henningsen sees this as potential early signals of Europe reassessing NATO and US-dependent policies.
