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In a speech at Davos, written by Carney himself, the Canadian prime minister laid out his doctrine for a world of fractured international norms

For much of Mark Carney’s career as an economist and central banker, he existed at the nexus of global thinkers and multilateral institutions. The “rockstar banker” was a fixture at summits, where he spoke beside business leaders and the political elite, espousing the values of international cooperation and the need for open economies and shared rules.

But after less than a year as prime minister of Canada, Carney offered a blunter assessment of the world on Tuesday: “the strong do what they can, and the weak suffer what they must.”

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© Photograph: Canadian Press/Shutterstock

© Photograph: Canadian Press/Shutterstock

© Photograph: Canadian Press/Shutterstock

Prime Minister Mark Carney got a standing ovation in Davos for starkly describing the end of Pax Americana. He is looking for new allies to help his country survive it.

© Markus Schreiber/Associated Press

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