In the following video, George Friedman tells why the expert class has been disgraced since the 2008 financial meltdown. In the end there will be nations, he says. The reign of the unelected and international experts is over. The order that existed in the 70 years since the Second World War is coming to an end.
Friedman is at pains to insist that the pain of the 2007 financial crash was distributed unevenly; the expert class made out like bandits, the working classes are unemployed and in an oxycodone death crisis. This is not sustainable. Hence Trump, Orban, the Italian political crisis, nationalist movements everywhere.
“The nation is back”, says Friedman.
I listened to some smooth-talking London-based millionaire bond trader yesterday tell me that Brexit will never happen, that the vote for it will mean nothing in the end. I refrained from saying he was the same sort of intelligent insider who thought a Trump victory would never happen. My impression is that the expert class has not learned a thing, but will have to be taught through some hard blows to their pocket books and to their self-esteem.
“Look at how your income is distributed (within a nation). That is you future”.-George Friedman