Finally, an incisive narrative analysis of the world economy since 2008 that is not padded or diluted by the need to write to a length pre-ordained by the conventions of traditional print publishing. Beattie makes some great points (e.g., only a fool would 'group' the BRICs when, for example, agriculture in Brazil and India have such different political profiles) and commits some impardonable sins (spare me the Roman Empire analogies), but his big idea is right, even if his grasp of it is understandably uncertain.
He writes like a professional journalist (which he is) instead of a privately published trustafarian (which seems to be the model of the blogosphere), so the BMI of his little tract is respectable rather than flabby, unlike much of what pundits spew these days. And when he's done he stops. Hallelujah!