Weak global trade, fears that the U.K. is marching towards a hard Brexit, and polls indicating that the U.S. election remains a tighter call than markets are pricing in have led a bevy of analysts to redouble their warnings that a backlash over globalization is poised to roil global financial markets—with profound consequences for the real economy and investment strategies.
In the end, Democrats filibustered, and there was no vote. The first time the American electorate will have a chance to speak out about the Iran deal is in the 2016 presidential election.
The dismal forecast in the latest International Monetary Fund (IMF) World Economic Outlook reads like Republican presidential nominee Donald Trump’s talking points — namely, in its analysis that “sub-par growth at recent levels risks perpetuating itself—through the negative economic and political forces it is unleashing.”
A leading voice for Texas agriculture producers is making a familiar case against one of the conservative movement’s foremost think tanks.
With upstate New York reeling from the Globalization Age job losses endemic to so many areas where Trump is winning support, the Republican nominee thinks he can hit Hillary Clinton hard for not doing enough to stop the problem when she was a senator from that state.
President Barack Obama spoke strongly in favor of globalization on Wednesday, vowing to pursue an “international order” in spite of the recent decision by voters in the United Kingdom to leave the European Union.
“I think that the temptation in that circumstance is to resort to nativism and nostalgia and the sense that these are things that are now out of control and I want to take control back,” Obama said, referring to free trade critics in both political parties.
New winners and new losers are being created as intelligent robots and 3-D printers shrink the payoff from international trade and global outsourcing.
Former White House Director of Economic Policy Todd Buchholz appeared on Monday morning’s edition of Breitbart News Daily with SiriusXM host Stephen K. Bannon to discuss his new book, The Price of Prosperity: Why Rich Nations Fail and How to Renew Them.
