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Mohamed A. El-Erian — Risks of a new economic non-order as nations turn inward

Summary:
Western leaders have still not gotten the message that the post-WWII unipolar order dominated by the West is now winding down and is coming to an end, possibly an ignominious one resulting in war. The resulting interim order not necessarily a "non-order," but rather a rising multi-polar one.  Western elite thinking broadcast by propaganda is that someone must be dominant; if it is not the West under the leadership of the US it will be some other country, meaning China.Asia TimesRisks of a new economic non-order as nations turn inward Mohamed A. El-Erian

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Western leaders have still not gotten the message that the post-WWII unipolar order dominated by the West is now winding down and is coming to an end, possibly an ignominious one resulting in war.

The resulting interim order not necessarily a "non-order," but rather a rising multi-polar one. 

Western elite thinking broadcast by propaganda is that someone must be dominant; if it is not the West under the leadership of the US it will be some other country, meaning China.

Asia Times
Risks of a new economic non-order as nations turn inward

Mohamed A. El-Erian
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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