geopoliticsglobalizationeconomic-policy
“We used to be respected for two principles: the Washington Consensus — 'If you want to prosper, follow America: liberalize, deregulate, be fiscally responsible, and respect the independence of your central bank.' We no longer lead on that. We also led the globalization process, and now we are the leader in undermining the notion of globalization.”
This highly provocative statement argues that the US has abandoned its foundational economic and geopolitical principles, leading to a loss of global leadership and a fundamental shift in international order.
Mohammad El-Arian
7:04