Fasten your seatbelts and expect greater volatility The Western world is experiencing a degree of domestic political upheaval unprecedented in recent years. Both the unexpected Brexit vote and Donald Trump’s ascent to power has created a new sense of unease on both sides of the Atlantic.Over the next year, domestic politics in Italy, France and Germany could similarly undergo substantial change as emboldened populists seek to alter the exiting course thereby feeding a new and more militant nationalistic zeal.In a world in which global co-operation and the ‘flattening’ effects of globalization were seen as positive consequences only a decade ago, deeper anxieties and resentments are creeping back into the Western discourse.A low-growth economic environment in both Europe and the USA, rising levels of income inequality and lackluster demand for goods and services has been exacerbated by stagnant (or falling) levels of wage growth. And, in a setting still largely recovering from the p...
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