There is a growing threat to globalism that is being caused by “a frightening rise in nationalism,” according to David Smick, Bilderberg messenger boy, market consultant and editor of The International Economy, a monthly magazine that is popular among internationalist elites.
It’s gotten so bad, writes Smick, that “deglobalization” is starting to happen. Trade and international money flows are slowing and, in some cases, declining.
What’s unclear, Smick says, is whether this will produce “prolonged economic stagnation and rising nationalism” or will make the world economy “more stable and politically acceptable.”
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