The World Order Is Fraying. Will The Global Economy Survive? | Michael Every
A new playbook is needed as the old rules increasingly no longer apply
In my recent interview with Felix Zulauf he mentioned that we are shifting from a unipolar world order into a multipolar world dis-order.
The majority of folks who watch this Thoughtful Money channel are primarily from the US, Europe and Australia, so to provide a perspective from a point of view outside of the West, we're fortunate to hear from Michael Every, Global Strategist at Rabobank, who is based out of Singapore.
Michael is concerned that the playbook nations are familiar with does not apply to the future dynamics ahead.
Globalization is reversing in many corners of the world, and nationalism is on the rise. The tools used by economic central planners are becoming less and less effective.
A new operating framework is needed.
Will we adopt in time to avoid conflict and crisis?
Michael is not optimistic.
He thinks we may eventually discover and adopt the right policies...but likely only after we've exhausted every other option.
For one of the most cerebral discussions I’ve yet had on this channel, click here or on the image below:
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