Scholz to Davos: globalisation is over

Posted by Guessedworker on Thursday, 26 May 2022 17:59.

The German Chancellor at the delayed Davos shindig, as reported by the DT:

Olaf Scholz has warned that the era of globalisation that powered the German economic miracle is “coming to an inevitable end” after Vladimir Putin’s “thunderbolt”.

The German Chancellor admitted that Europe’s largest economy faces a “very special challenge” as the industrial powerhouse is hit by soaring energy prices.

Mr Scholz launched a defence of globalisation at the World Economic Forum in Davos but admitted that its era is drawing to a close as inflation rises.

He said: “We are experiencing a watershed; history is at a turning point.”

Germany’s huge manufacturing base has benefited from an interconnected world and cheap energy from Russia. However, the war in Ukraine and trade chaos caused by Covid has forced governments and businesses to rethink supply chains and energy security.

Mr Scholz, the only G7 leader to speak at Davos this year, said that Europe had been struck by a “thunderbolt” from the war in Ukraine and a new “multipolar world” is emerging.

He said: “The special phase of globalisation we have experienced in North America and Europe during the last 30 years, with reliable growth, a high level of added value and low inflation is coming to an inevitable end.

“One reason for this is that the low cost producers of the global south are gradually becoming thriving economies with their own demand, which aspire to the same level of prosperity as we have.

He admitted that globalisation had created losers and said it needs to become more “intelligent”.

This is, actually, big news, not because of the scramble to replace Russian gas and oil or because of the other scramble to keep to the international climate dictates. No, globalisation is the key condition in which Western globalism in its present technocratic form can function. A contraction to it implies a contraction to Western globalism. How that will play out is far too early to say. But such a vast correction cannot be accommodated by the current Davos model.

Tags: Global Elitism, Globalisation, World Affairs

Comments:

Posted by Thorn on Tue, 12 Jul 2022 23:13 | #

Days after expressing his intention to pull out of his attempted acquisition of Twitter, Elon Musk is telling Donald Trump to quit politics.

Did Elon go on the nut? Is he self-destructing?

I think he is. I have so for the past half year or so.

However, we shall see.

https://www.msn.com/en-us/news/politics/elon-musk-says-donald-trump-should-quit-politics/ar-AAZveHm?ocid=msedgntp&cvid=4c3e5729ffdf49a58cfea50f9d94ca84

Posted by James Bowery on Wed, 13 Jul 2022 19:33 | #

My Amazon review of The End of the World Is Just the Beginning: Mapping the Collapse of Globalization
By: Peter Zeihan

Subject: As good as you’re going to get from the globalists

I wish all of my political opponents were as well informed as this author. The so-called National Conversation might actually go somewhere productive rather than leading us relentlessly into a rhyme with the 30 years war over what amounts to religious differences. That said his failure to address the reasons for the 1950s baby boom in any depth the topic deserves is a disservice to his readers and subtracts from his credibility to address demographic issues. It has to do with the reason globalists view the 1950s with utter contempt that is the true cause of so-called hate arising in so-called populism.

My Twitter “review”, while an initial reaction and more critical, is still valid having finished the entire book:

At John Robb’s recommendation, I’ve started reading “The End of the World Is Just the Beginning: Mapping the Collapse of Globalization”. My first thought was, “Uh oh. Sounds like this guy was influenced by Jared Diamond.” Later he explicitly mentioned Diamond.

Now, this isn’t as bad as some poor SOB author who mentions Gould (let alone Lewontin) but it does prepare one for a systematic suppression of thought about the potential importance of population genetics—especially since his featured dimensions are “demography and geography”.

I also noted that he was adopted. Folks who are adopted have even more of an emotional stake in such issues as population genetics than the general population, which is quite willing to sacrifice their neocortex, to avoid transgression against the moral zeitgeist.

He’s from Marshalltown, IA infamous for importing a huge Mexican labor force. The word “affirmative” appears nowhere in his book. He goes on about the demographic transition and has nothing but good things to say about Mexican immigrant labor. This guy is a real piece of work.

He says the roads constructed for Trump’s wall increased illegal border crossing and says nothing about Biden’s failure to follow up with the proper use of those roads to deploy border guards. Instead he’s all like “Oh it’s just too hard to guard that desert border.”

The central demographic theme of the book is about how there’s just nothing to be done about TFR and by the way, the baby boom just kind of happened. Oh maybe it was because there was still unoccupied land taken from the indians for the GIs—yeah, that’s the ticket!

At one point he actually admits that Japan’s lack of diversity permitted it to weather political economic upheavals that would have torn other nations apart. A big part of his optimism about the US is that it will not undergo such upheavals and that Mexicans are assimilating. He tries to dismiss resentment of Mexicans as being from Boomers who are on their way out—not mentioning that when you deprive young men of family formation resources (including women) they might not be too happy either. He also misses that a lot of this TFR competition is happening in the agricultural regions (like, uh, IOWA) and if he’s wrong about resentment being merely from aging Boomers, it could disrupt the _internal_ food supply for the US. He also completely elides the vicious violation of consent of 50 years of immigration policy.

His explanation for Trump’s 2016 election was the “deindustrialization of the rust belt”. The only mention of Trump’s pivotal “Mexican rapist” speech was to contrast it with Trump’s replacement of NAFTA which “ironically” reindustrialized Mexico.

Guys like this might not be able to stomach GWAS data on individualism but since they seem to think they can talk about geography and demography, they at least need to consider what happens when individualist geographies are infiltrated by collectivists nationalities like Mexico.

To that critique I’d now add (having listened to the credits at the end) that he’s gay—a demographic that is known for being rather dismissive of borders—including their own bodies—and not being particularly concerned with preservation of bloodlines, including their own.

Posted by Al Ross on Sat, 16 Jul 2022 05:07 | #

Davos is deader than Disco :

https://www.rt.com/news/558960-saudi-turkey-egypt-brics/