Articles Tagués ‘Central Banks’

MURAILLEGlobalisation is dead: long live deglobalisation!


Michel Santi

While Brexit has (fortunately) not been the cataclysm that analysts had so predicted, it is nonetheless the most spectacular manifestation of the end of the reign of globalisation. A revolt against the elites has indeed been brewing – across Western countries – since the crises of the years 2007 and 2008, which was faint to begin with, but has gradually become more and more visible. Whereas the teams in power in democratic countries had been winning elections most often, when they decided to represent themselves, they have now been losing elections almost routinely since 2008.

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