{"id":13316,"date":"2025-06-29T17:16:25","date_gmt":"2025-06-29T15:16:25","guid":{"rendered":"https:\/\/inova.to\/?p=13316"},"modified":"2025-06-29T17:16:25","modified_gmt":"2025-06-29T15:16:25","slug":"martin-vlachynsky-the-war-in-ukraine-serves-politicians-as-a-cover-for-their-own-mistakes-in-finance-energy-and-the-economy","status":"publish","type":"post","link":"https:\/\/inova.to\/en\/martin-vlachynsky-the-war-in-ukraine-serves-politicians-as-a-cover-for-their-own-mistakes-in-finance-energy-and-the-economy\/","title":{"rendered":"Martin Vlachynsk\u00fd: The war in Ukraine serves politicians as a cover for their own mistakes in finance, energy, and the economy."},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><strong>Social media, artificial intelligence, and a sharp decline in birth rates<\/strong> \u2014 these are the three phenomena that, according to INESS analyst Martin Vlachynsk\u00fd, fundamentally distinguish the present from the past. And although today\u2019s world may seem chaotic, Vlachynsk\u00fd points out that it is not more dramatic than periods we\u2019ve already lived through in history. <strong>The difference lies in how intensely and instantly we perceive events.<\/strong><\/span><\/p>\n<p><em><span style=\"font-weight: 400;\">\u201cIt\u2019s very easy to fall into the belief that our moment in history is uniquely exceptional \u2014 whether in a good or bad way. Right now, I see three phenomena that fundamentally set us apart from the past: social media, AI, and a sharp drop in birth rates. But for the next generation, such a world may be a matter of course, and they\u2019ll see it as \u2018normal.\u2019\u201d<\/span><\/em><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13304 size-large\" src=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-1024x768.jpg\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-1024x768.jpg 1024w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-300x225.jpg 300w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-768x576.jpg 768w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-1536x1152.jpg 1536w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-2048x1536.jpg 2048w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-1920x1440.jpg 1920w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-1600x1200.jpg 1600w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-1200x900.jpg 1200w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-767x575.jpg 767w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-420x315.jpg 420w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-20x15.jpg 20w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Martin-Vlachynsky-1-10x8.jpg 10w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>From the \u201cend of history\u201d to the return of geopolitics<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The last three decades have been relatively peaceful in the Western world. Martin Vlachynsk\u00fd admits that he, too, once believed the world was heading toward lasting peace and growth:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;I myself was fooled by the illusion of the \u2018end of history.\u2019 <strong>We experienced 30 years of economic prosperity and geopolitical stability.<\/strong> I\u2019m not saying those times are definitively over, but the end of that era now seems more than possible.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">As he explains, today\u2019s global chessboard is dominated by the United States and China. <strong>He sees Russia as a country with limited power \u2014 more military than economic.<\/strong><\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;There are only two superpowers in the world: the USA and China. Russia has a GDP the size of Italy\u2019s, and the failure in Ukraine has exposed its low capacity to project power. Unfortunately, I can\u2019t even include the EU on that list.&#8221;<\/span><\/i><\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/DK_ou5WN8O6\/?utm_source=ig_embed&amp;utm_campaign=loading\" data-instgrm-version=\"14\">\n<div style=\"padding: 16px;\">\n<p>&nbsp;<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">Zobrazi\u0165 tento pr\u00edspevok na Instagrame<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/p\/DK_ou5WN8O6\/?utm_source=ig_embed&amp;utm_campaign=loading\" target=\"_blank\" rel=\"noopener\">Pr\u00edspevok, ktor\u00fd zdie\u013ea INOVATO (@inovato.sk)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<h2><strong>Europe as a geopolitically dysfunctional diant<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">According to Martin Vlachynsk\u00fd, the European Union has failed to transform its economic and cultural potential into geopolitical power. Its policies, he says, are often ineffective and unprepared to face new challenges.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;<strong>Europe never really gave itself a proper chance<\/strong>. The last 30 years have been marked by growing bureaucracy, flawed energy and green policies, and the building of a large welfare state for both people and businesses \u2014 one that is financially unsustainable in the face of a demographic crisis.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Even Eastern European countries, which could offer fresh momentum, are hitting their limits. And Slovakia, Vlachynsk\u00fd believes, holds little weight in this regard:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;<strong>I\u2019ve never seen Slovakia as a significant regional player.<\/strong> Just look at voter turnout in the European elections and the European agendas of political parties \u2014 in many cases, they don\u2019t even exist.&#8221;<\/span><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13306 size-large\" src=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-1024x768.jpg\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-1024x768.jpg 1024w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-300x225.jpg 300w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-768x576.jpg 768w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-1536x1152.jpg 1536w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-2048x1536.jpg 2048w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-1920x1440.jpg 1920w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-1600x1200.jpg 1600w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-1200x900.jpg 1200w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-767x575.jpg 767w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-420x315.jpg 420w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-20x15.jpg 20w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-na-Diskusnom-Fore-10x8.jpg 10w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Deglobalization: Reality or just another trend?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Although deglobalization has been a common topic in recent years, Martin Vlachynsk\u00fd points out that no real shift has occurred so far. Efforts to separate supply chains are running up against economic realities:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Not yet \u2014 no fundamental change has taken place. The benefits of globalization are enormous, and when push comes to shove, very few are willing to give them up. Trump\u2019s tariff policy was a major attempt to make a fundamental shift, but after the first few months, it\u2019s starting to look more like a sparkler than a detonator.&#8221;<\/span><\/i><\/p>\n<h2><strong>Conflicts as Convenient Excuses<\/strong><b><\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The war in Ukraine, tensions in Asia and the Middle East \u2014 while these are serious events, they don&#8217;t have much impact on the average European, according to Vlachynsk\u00fd. Politicians, however, often use them as convenient excuses:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;In fact, we feel almost no direct impact, which is also why the European response is so muted. <strong>For many politicians, the war in Ukraine serves as a convenient proxy issue to cover up their own poor decisions in fiscal, energy, or economic policy<\/strong>.&#8221;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13308 size-large\" src=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-1024x768.jpg\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-1024x768.jpg 1024w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-300x225.jpg 300w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-768x576.jpg 768w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-1536x1152.jpg 1536w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-2048x1536.jpg 2048w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-1920x1440.jpg 1920w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-1600x1200.jpg 1600w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-1200x900.jpg 1200w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-767x575.jpg 767w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-420x315.jpg 420w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-20x15.jpg 20w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/Vlachynsky-10x8.jpg 10w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><\/span><\/i><\/p>\n<h2><strong>&#8220;We keep dealing with the same problems&#8221;<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">\u00a0Digital, green, or energy transformation \u2014 these terms have become part of every political speech. However, Vlachynsk\u00fd is skeptical about them:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;I\u2019m a bit tired of these terms. What exactly is \u2018digital transformation\u2019? Computers have been around for 50 years and the internet for 30. We keep dealing with the same problems \u2014 flawed actions by the state and the EU \u2014 we just put different labels on them to make them sound better.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">According to him, the EU should address the fight against climate change sensibly and also consider the costs for households and businesses:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Every additional percentage point by which the EU pushes carbon targets means a greater economic burden on citizens and companies, but a diminishing real effect on the global climate.&#8221;<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-13310 size-full\" src=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/50435942-d900-448e-a986-0617c672a72f.jpeg\" alt=\"\" width=\"692\" height=\"499\" srcset=\"https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/50435942-d900-448e-a986-0617c672a72f.jpeg 692w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/50435942-d900-448e-a986-0617c672a72f-300x216.jpeg 300w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/50435942-d900-448e-a986-0617c672a72f-420x303.jpeg 420w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/50435942-d900-448e-a986-0617c672a72f-20x14.jpeg 20w, https:\/\/inova.to\/wp-content\/uploads\/2025\/06\/50435942-d900-448e-a986-0617c672a72f-10x7.jpeg 10w\" sizes=\"auto, (max-width: 692px) 100vw, 692px\" \/><\/p>\n<p><\/span><\/i><\/p>\n<h2><strong>The coming years? Higher taxes and less freedom<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">According to Vlachynsk\u00fd, as a society we have \u201coverspent\u201d 20 years of growth. Now comes a period when we will have to correct this mistake \u2014 mainly through higher taxes and austerity.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;In the coming years, governments will try to patch this gap by increasingly taxing companies and citizens.&#8221;<\/span><\/i><\/p>\n<h2><strong>Quality of life is not made in Brussels<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Despite all the changes and turbulence, Vlachynsk\u00fd reminds us that quality of life is not created at summits but in our immediate surroundings:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;I don\u2019t feel any more insecure than I did 20 years ago. The quality of our life is shaped mainly by our closest environment, not global politics.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">And how not to get lost in the flood of information? The answer is simple:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;I myself struggle with information overload. I don\u2019t condemn social media \u2014 I use it myself \u2014 and combined with AI, it pushes the possibilities of understanding the world to new heights. But we should build on a solid framework \u2014 developing our worldview through books: history, philosophy, economics&#8230; Only then will we be able to properly sort and classify facts.&#8221;<\/span><\/i><\/p>\n<blockquote><p><em>Martin Vlachynsk\u00fd from INESS will bring a clear-eyed perspective on how geopolitical changes impact the Slovak economy at <a href=\"https:\/\/inova.to\/buducnost-slovenskeho-priemyslu-slovensko-uz-nechce-byt-len-montazna-dielna-a-ma-na-to-dovod\/\" target=\"_blank\" rel=\"noopener\">INOFEST<\/a> on September 23, 2025. In his lecture, he will demonstrate that the illusion of stability is a thing of the past and that the world is changing faster than we expected. He will raise a crucial question: how should Slovak industry adapt to a reality where key decisions are made beyond our reach? The ability to understand these changes will determine whether we merely react or actively seek our own path. The challenges are great, but the risk of ignoring them is even greater.<\/em><\/p><\/blockquote>\n<p><b>TEXT: <\/b>Nat\u00e1lia Sta\u0161\u00edkov\u00e1, Martin Vlachynsk\u00fd<br \/>\n<b>PHOTO: <\/b>Martin Vlachynsk\u00fd, INOVATO<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Social media, artificial intelligence, and a sharp decline in birth rates \u2014 these are the three phenomena that, according to INESS analyst Martin Vlachynsk\u00fd, fundamentally distinguish the present from the past. And although today\u2019s world may seem chaotic, Vlachynsk\u00fd points out that it is not more dramatic than periods we\u2019ve already lived through in history. The difference lies in how intensely and instantly we perceive events. \u201cIt\u2019s very easy to fall into the belief that our moment in history is uniquely exceptional \u2014 whether in a good or bad way. [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":13302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[68],"tags":[],"class_list":["post-13316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Martin Vlachynsk\u00fd: Politicians use the war to cover up mistakes - INOVATO<\/title>\n<meta name=\"description\" content=\"Martin Vlachynsk\u00fd explains how the war in Ukraine serves politicians as an excuse and highlights the impact of digital changes and demographics.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/inova.to\/en\/martin-vlachynsky-the-war-in-ukraine-serves-politicians-as-a-cover-for-their-own-mistakes-in-finance-energy-and-the-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Martin Vlachynsk\u00fd: Politicians use the war to cover up mistakes - 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