[A] weak yen and rising interest rates have continued even further, with the primary cause being the increase in crude oil prices due to U.S. attacks on Iran.
Bell argued that [the rise of far right factions] should be understood less as a straightforward product of economic conflict than as a response to social dislocation and anxiety over status.
Even Jake Sullivan, former United States president Joe Biden’s national security adviser, said “the Washington Consensus is a promise that was not kept[.]”