The Expat Money Show - With Mikkel Thorup

391: Davos: What Trump And Carney’s Speeches Really Mean

5 snips
Jan 28, 2026
They dissect two striking Davos speeches and what they reveal about global power and trust. They explore a sudden push for national self-sufficiency in food, water, and energy. They unpack negotiation theater around Greenland and the strategic value of rare earths. They examine a new hemisphere-first doctrine and the economic consequences of onshoring and tariffs.
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INSIGHT

Rules-Based Order Was A Mirage

  • Mark Carney admitted the post-war "rules-based order" was largely a mirage and complicit countries benefited from it.
  • Mikkel and Marc view this as confirmation that self-sufficiency and backup plans are now geopolitically necessary.
ADVICE

Prioritize Basic Self-Sufficiency

  • Prioritize food, water, and energy independence when choosing a Plan B country.
  • Mikkel says these are top metrics in their expat index and due-diligence work.
INSIGHT

Trust Issue With Formerly Complicit Powers

  • Carney frames Western complicity and now urges middle powers to stand up, yet Mikkel questions trusting the same actors.
  • They warn geopolitical repositioning (e.g., Canada toward China) risks provoking the U.S.
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