As China lays its trump cards on the table, the world’s globalised economy will creak and collapse. Globalisation is going backwards, and chances are we’ll end up with a completely different economic system that has more protectionism. Instead of a global market, there will be several large regional markets with their own rules, dominant currencies, technical standards, and financial systems.
Day: May 28, 2019
The Maldives is well placed to come out into the open on the Chagos Island issue and weigh its pros and cons in geopolitical terms. It has no ethnic affinity, historically, with the natives of Mauritius. And the strong likelihood is that Solih government weighed in that it was on the right side of history on the Chagos Archipelago issue and will be annoying Delhi by lending legitimacy to the US base in Diego Garcia.