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“World Economic Forum says capitalism needs urgent change”
“It added that a failure to address the underlying causes of the populist tide poses a threat to mainstream politicians and raises the risk that the globalization trend will go into reverse.
“Some people question whether the West has reached a tipping point and might now embark on a period of de-globalization,” it said.”
Comment:
The tipping point was nine eleven 2001. The “confirmation” or reversal period of de-globalization started after the global crash in 2008.