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Geopolitical risks 'tripling' and here to stay, warns analyst

Tina Fordham, former chief global political analyst at Citigroup, says geopolitical risks have tripled and the idea that things will return to normal is misplaced. Her forthcoming book argues that companies can no longer afford to ignore politics.

  • A study examining 2010-2025 detected a tripling of events posing geopolitical risk.
  • Fordham says the guardrails that temper risks are either eroding or being actively dismantled.
  • Her book, Mad World: A Geostrategy Survival Guide for Leaders, is published in September 2026.

Tina Fordham, the former chief global political analyst at Citigroup, has warned that the current period of geopolitical instability is not a temporary phase but a lasting shift. In an interview, she said that data from a study covering 2010 to 2025 showed a tripling of events posing geopolitical risk, even before Donald Trump's second term.

Fordham, who now runs Fordham Global Foresight, argued that the drivers of geopolitical risks are multiplying and that the guardrails which temper these risks are either eroding or being actively dismantled. She said the idea that we only have to survive another year and a half before things return to normal is misplaced.

Her forthcoming book, Mad World: A Geostrategy Survival Guide for Leaders, is aimed at business leaders and executives. Fordham said there are also implications for everyday people who have to manage their lives and careers in a time of unprecedented global change.

She noted that the period between the fall of the Berlin Wall in 1989 and the collapse of Lehman Brothers in 2008 was the most peaceful and prosperous in human history, but argued this was not the baseline for the future.

Why this matters: The analysis suggests that businesses and individuals should prepare for a prolonged period of elevated geopolitical risk, rather than expecting a return to previous conditions.

What this means for you: The commentary suggests that the era of steadily improving living standards may not be the baseline for the future, implying individuals may need to factor greater global instability into their personal and career planning.

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