When the U.K. voted for Brexit in June 2016, the globalists were stunned. They couldn’t believe it. They’ve been delaying and fighting Brexit ever since, but it now looks set to occur on Oct. 31.
Then when Donald Trump won the election as president in November 2016, the globalists were even more stunned. They went into complete denial and have had their heads in the sand ever since.
Yet it kept getting worse for globalists. Austria elected a conservative nationalist, Sebastian Kurz, as chancellor in 2017. Italy elected enough nationalist Five-Star movement members of Parliament in 2018 to allow them to choose the new prime minister. Conservatives won a recent election in Australia. Both China and Russia have become more nationalistic and completely turned their backs on globalism. What’s going on here?
Globalists have slowly realized that the nationalist trend is not an anomaly but a powerful force that is reversing globalist polices that have been ascendant since 1989. Free trade is on the ropes, currency wars are rampant and geopolitical hot spots like Iran are becoming more dangerous. What happened to globalism?
The globalist-in-chief is Columbia University academic Jeffrey D. Sachs. He led the charge for “market” solutions in Russia in the 1990s, which backfired into a takeover by oligarchs and the rise of Putin. He led the charge for “opening” China in the early 2000s, which led to the rise of Xi and the strongest form of Communism since the death of Mao Zedong.
Is Sachs willing to admit any mistakes? No. As shown in this article, he engages in a delusional rant against Donald Trump (Sachs has no psychological training or credentials) and says the problem is democracy itself.
Sachs wants to abandon traditional voting in the U.S. and U.K. to create a system more favorable to globalists. Sachs is a typical globalist in denial about his failures. When you don’t like the outcome, just change the rules.
Institutional investors can schedule a proof of concept with the world’s first predictive data analytics firm combining human and artificial intelligence with complexity science. Check out Jim Rickard’s company at Meraglim Holdings to learn more.