Say Goodbye to Globalization as ‘The Age of Disorder’ is Coming – Deutsche Bank

• Say Goodbye to Globalization as ‘The Age of Disorder’ is Coming – Deutsche Bank
  by https://www.rt.com/
  The four-decade era of globalization may be coming to an end, and we could be entering “The Age of Disorder,” which will reshape both economies and politics, Deutsche Bank analysts have said in a new research note.
  –
  One of the key characteristics of the new era will be the reversal of unfettered globalization, a team of analysts led by strategist Jim Reid predicted. While we saw “the best combined asset price growth of any era in history, with equity and bond returns very strong across the board” since 1980, “the Age of Disorder” is likely to break this trend.
  –
  Deteriorating US-China relations is another theme (out of eight) that will define the next distinct era of modern times, “which is hastened, but not caused by, the pandemic.” The analysts note that the Chinese economy will be closing the gap with the US and could finally outperform it by the end of the decade.
  –
  read more.

end