The rapid collapse of the liberal democratic global order has left many of its former inhabitants in the West traumatized and politically homeless

 In hindsight, the scale of naïveté is staggering: 

the failure to anticipate the sudden mass movement of people from Eastern Europe after European Union enlargement in 2004 and the impact it might have on domestic politics; 

the shortcuts and political fixes built into the European single currency that would come home to roost after 2008; 

the failure to design a Marshall Plan for Russia after the Soviet Union’s collapse, or to anticipate Russia’s reaction to NATO’s expansion; 

the wars in the Middle East; and, of course, the great opening up to China and how that accelerated changes in the global economy.


https://www.theatlantic.com/international/archive/2020/08/brexit-trump-china-90s-golden-era/615406/

Kommentarer

Populära inlägg i den här bloggen

Det svänger fort på räntemarknaden

Fjolåret blev strålande för flera av de största fondbolagen