BY PHIL GIRALDI – Trump was willy-nilly establishing a new world order that will succeed the institutionally exhausted post-World War 2 financial and political arrangements that more-or-less established U.S. hegemony over the “free world.” The Bretton Woods agreement and the founding of the United Nations institutionalized the spread of liberal democracy and free trade, creating a new, post war international order under the firm control of the United States with the American dollar as the benchmark currency. Trump is now rejecting what has become an increasingly dominant global world order in favor of returning to a nineteenth century style nationalism that has become popular as countries struggle to retain their cultural and political identifies. Trump’s vision would seem to include protection of core industries, existing demographics and cultural institutions combined with an end of “democratization. CONTINUE READING
