_Globalization is Turning in on Itself and It is Each Man for Himself_ _ Zero Hedge

8/10/2019 _Globalization is Turning in on Itself and It is Each Man for Himself_ _ Zero Hedge

1/6

11/2/2014 "Globalization Is Turning In On Itself And It Is Each Man For Himself" | Zero Hedge

http://www.zerohedge.com/news/2014-11-02/globalization-turning-itself-and-it-each-man-himself

home contributors store glossary archive rss donate

A Kept Culture

Posted by : Cognitive Dissonance

Post date: 11/02/2014 - 13:41

The perks that come with being kept will notsurvive the breaking of the keep.

WHeN MoNeY DiES...

Posted by: williambanzai7

Post date: 11/02/2014 - 12:48

They had no idea what was coming...

NEWSFLASH: The Fed Isn't Stopping QE!

Posted by: Sprout Money

Post date: 11/02/2014 - 07:55

The Federal Reserve is saying one thing, but isactually doing the complete opposite...

Home

"Globalization Is Turning In On Itself And It IsEach Man For Himself"

Submitted by Tyler Durdenon 11/02/2014 17:01 -0400

China ETC Group Think Israel

From Raoul Pal, author of the Global Macro Investor and creator

Of RealVisionTV

At The Margin

A few things are also appearing on my radar screen future

visions if you like that I want to share with you. These are not

conclusive, but rather a stream of unfiltered thoughts, which wil l

develop over time.

I virtually never use geopolitics to assess asset markets. I have

learned the hard way over time that it is the way to the poor

house. Economies run financial markets, notwars.

But I do note that at the margin, the worlds geopolitics is

changing. Gone are the fluffy days of Putin shaking hands with

George Bush agreeing to keep the world supplied with oil, gone

are the days of China helping US firms make profits using their

cheap labour, gone are open-for-business days of Europe, gone

is the Japanese military neutrality, gone are the Saudis as anunshakeable ally, gone is Israel also a steadfast ally, etc.

What is happening is something deeply concerning.

Globalisation is turning in on itself and it is each man for

himself.

This was always going to be the outcome of an imbalanced,

debt-drowning world. Everyone wants a cheap currency and

since that doesnt work then everyone wants to find some way to

get the upper hand on their own terms.

I have had recent conversations with a long-term strategy group

within the Pentagon about economic threats to the US and the

risk of global collapse, and the potential for it to turn into a

military outcome. It seems that the Department of Defences

deep thinkers are mulling over the kinds of issues we all are is

the inevitable outcome a military one?

They dont know either but they give it a probability and thusneed to understand it and plan for it.

My issue has been for a long time that the true threat to the

world is not the Muslim nations we so like to beat as a scapegoat

(gotta have an enemy, right?) but China.

The Pentagons think-tank also agrees.

If China has an economic collapse, which again is a high

probability event, then what are the odds of massive civi l

unrest? And would a military conflict put the people back on the

side of the government (i.e. how the Nazis came to power)?

I agree. I think this is the risk somewhere down the road.

I also, along with this defence strategy group, think that there is

a risk that the Western powers meddling in the time of bad

economic crisis will form strong alliances between lets say

15Like

User login

Username: *

Password: *

Create new account

Request new password

Log in

Zero Hedge Reads

Alt-Market

Bearish News

Boom Bust Blog

Capitalist Exploits

China Financial Markets

Chris Martenson's Blog

Contrary Investor

Credit Writedowns

Daneric's Elliott Waves

DealBook

Demonocracy

Dr. Housing Bubble

ETF Daily News

ETF Digest

Fibozachi

Gains Pains & Capital

Global Economic Analysis

Hedge Accordingly

Implode-Explode

Investing Contrarian

Jesse's Cafe Americain

Liberty Blitzkrieg

Marc to Market

Market Folly

Market Montage

Max Keiser

Minyanville

Mises InstituteNaked Capitalism

Of Two Minds

Oil Price

Rebooting Capitalism

Shanky's Tech Blog

Slope of Hope

StealthFlation

Stratfor

TF Metals Report

The Burning Platform

The Daily Crux

The Economic Populist

The Hammerstone Group

The Market Ticker

Search

RanSquawk News Fly On The Wall

Benzinga Pro

New Comments Today's Top Stories

Audio Commentary From RanSquawk:

10-31 17:12: EUR shorts at 165,707 in week ended October

28 vs. 159,371 prior week...

10-31 17:12: RANSQUAWK AUDIO CLOSED FOR THE WEEK;

THE DESK WILL REOPEN SUNDAY 2200...

10-31 16:42: As a reminder, US clocks change this

weekend, which will pu t the time...

10-31 16:42: CALENDAR OF KEY EVENTS: NOVEMBER 2014:

NOW AVAILABLE IN RESEARCH...

10-31 16:09: FX markets remain very quiet at the moment,

as to be expected heading...

10-31 16:09: NYSE closing imbalance - 22/30 to buy in the

DJIA

10-31 16:09: US EQUITY WRAP: US equities surge to record

highs after the BoJ...

10-31 15:36: US FIXED INCOME WRAP: US Treasuries end

the final session of the week...

11-02 17:41: Yes. A better title for the(TheSecondLaw)

11-02 17:41: computing is not for you, you(barre-de-rire)

11-02 17:41: Everyone wants to live(August)

11-02 17:40: He can also be guilty and(Tyranny is Love)

11-02 17:40: Just the other day, I was(LetThemEatRand)

11-02 17:40: That's correct and goes to(Monty Burns)

11-02 17:40: Most importantly was her(The Big Ching-aso)

11-02 17:39: Stratfor (George Friedman),(JR)

11-02 17:38:just to remember to any army(barre-de-rire)

11-02 17:38: Thanks for your reply. (Clesthenes)

Contact Information:

Tips: tips [ at ] zerohedge.com

General: info [ at ] zerohedge.com

Legal: legal [ at ] zerohedge.com

Advertising: ads [ at ] zerohedge.com

Abuse/Complaints: abuse [ at ] zerohedge.com

Suggested Reading:

Make sure to read our "How To [Read/Tip Off] Zero Hedge

Without Attracting The Interest Of [Human Resources/The

Treasury/Black Helicopters]" Guide

It would be very wise of you to study our disclaimer, our

privacy policy and our (non)policy on conflicts / full

disclosure. Here's our Cookie Policy.
http://www.zerohedge.com/http://www.zerohedge.com/contributing-editorshttp://www.cafepress.com/zerohedgehttp://www.zerohedge.com/taxonomy_vtn/voc/3http://www.zerohedge.com/archivehttp://feeds.feedburner.com/zerohedge/feedhttp://www.zerohedge.com/donatehttp://www.zerohedge.com/taxonomy_vtn/term/11121http://www.zerohedge.com/taxonomy_vtn/term/11846http://www.zerohedge.com/taxonomy_vtn/term/10405http://www.zerohedge.com/taxonomy_vtn/term/139http://www.zerohedge.com/users/tyler-durdenhttp://www.zerohedge.com/donatehttp://feeds.feedburner.com/zerohedge/feedhttp://www.zerohedge.com/archivehttp://www.zerohedge.com/taxonomy_vtn/voc/3http://www.cafepress.com/zerohedgehttp://www.zerohedge.com/contributing-editorshttp://www.zerohedge.com/


2/6



Russia and China.

In direct opposition to the government, many people inside the

Pentagon are saying, Please dont fuck with Russia, they are not

threatening us militarily but securing their own borders, we

cannot control the outcomes, and most of them are bad,

probably not militarily but economically, and economic instability

causes outcomes we cant forecast even seizing the assets of

powerful Russians has unintended consequences.

Here, here. The law of unintended circumstances is a bitch.

Everyone is also looking carefully at the risk of Catalonia now

having a referendum that is deemed to be unconstitutional, and

then trying to enforce it in the streets.

Europe is trying to hold itself together yet the member states

themselves are in danger of splitting up. How does that manifest

itself? What are the r isks? We just dont know.

I think the trend of each nation for itself, a move away from

globalisation either in terms of global trade, or in terms of global

finance and a move towards military build-ups, is well under

way. I dont know how far it will go but I do know that I am

uncomfortable with it, and that it poses some considerable risk

to the stable economic system that so many have enjoyed since

the late 1980s.

* * *

For some further observations on the role of globalization and

what its unwind would mean..

... Gordon T. Long's take on the "Globalization Trap" is a

worthwhile read.

Average:

Your rating: None

Loginor register to post comments 3523 reads Printer-friendly

version Send to friend

The Trader

The Underground

Investor

Themis Trading

Trim Tabs Blog

Value Walk

View From The Bridge

Wolf Street

How to report offensive comments

Notice on Racial Discrimination.
http://www.zerohedge.com/printmail/496773http://www.zerohedge.com/print/496773http://www.zerohedge.com/user/register?destination=node%2F496773%23comment-formhttp://www.zerohedge.com/user/login?destination=node%2F496773%23comment-form


3/6



Sun, 11/02/2014 -

17:04 | 5404661

Sun,

11/02/2014 -

17:14 |

5404678

Sun,

11/02/2014

- 17:19 |

5404689

Sun,

11/02/2014

- 17:37 |5404718

Sun,

11/02/2014 -

17:30 |

5404713

Sun,

11/02/2014

- 17:38 |

5404728

Sun,

11/02/2014

- 17:41 |

5404733

ekm1

Oh. So,

Zerohedge is adopting my theories?

FredFlintstone

Perhaps!

Gringo Viejo

"You

thought you

was playin'

me, when I was

playin' you."

........Sweet Dick Willie

DoChenRollingBearing

This has always been a world of looking

out for No. 1.

Yet, the world DOES look more unstable each

week.

Hmm, what to do... Why, do what WEdo at the

Central Bank of DoChenRollingBearing! Buy hard

assets, preferably round coins made of metals like

gold, platinum and silver Or even lead bullion.

Highly-engineered products made of 52100 steel

count as hard assets as well.

barre-de-rire

and some

discoverded

the way

humanity always

worked.

ekm1

precisely,

thank you

I'm simply applying historical conclusions to current

events.

August

Everyone

wants to

live

by manipulating

symbols, or sharing their opinion.

Few want to produce. Can't say I blame them.

Loginor registerto post

comments

Loginor registerto

post comments

Loginor register

to post comments

Loginor

registerto

post

comments

Loginor registerto

post comments

Loginor register

to post comments


4/6



Sun, 11/02/2014 -

17:08 | 5404666

Sun, 11/02/2014 -

17:15 | 5404673

Sun, 11/02/2014 -

17:14 | 5404675

Sun,

11/02/2014 -

17:40 |

5404730

Sun, 11/02/2014 -

17:14 | 5404676

Sun, 11/02/2014 -

17:21 | 5404690

Sun,

11/02/2014 -

17:24 |

5404700

Sun, 11/02/2014 -

17:22 | 5404694

Sun, 11/02/2014 -

TheSecondLaw

Great graphics

Theta_Burn

WTF.. it was

alway every man for himself..It's just that now the great satan is bankrupt, and the

repositioning is happening for the next phase which will be

called survival of the fittest..

Its a brave new "got resources"? world...

FreeShitter

It has always has

been each man for himself unless you are a free shit

army recruit.

LetThemEatRand

Just the other

day, I was

driving on the

publicly funded

interstate system on my way to a public airport after a

business meeting. I got lost, so I consulted my GPS that

relies on NASA satellites. Just as I looked up, I saw a

terrible accident and had to swerve to avoid some

firemen who were pulling a guy out of his vehicle. I then

turned on some Limbaugh and man, he had the best rant

about the free shit army.

Rememberweimar

Was there a point

to this article?

WTFRLY

Workers in

HAZMAT suits at Cleveland address as NE Ohio

residents removed from Ebola monitoring

McCormick No. 9

Please.

Enough fake

Ebola nuuz.

Hohum

Globalization will

fade because humans are getting less and less net

energy out of their activities. In that light,

financialization steps in -- for a while.

MATA HAIRY

Loginor register

to post comments


comments


comments


comments

Loginor registerto

post comments


comments


comments

Loginor registerto

post comments


comments


5/6



17:30 | 5404703

Sun,

11/02/2014 -

17:33 |

5404716

Sun,

11/02/2014 -

17:40 |

5404731

you have it

backwards.

Globalization is simply an EFFECT --not the CAUSE--of

the divide et impera tactic used by the corporations and elite.

How did the elite/corporations divide and rule america and

the West so that they could IMPLEMENT globalization?

First, structure of the nation and government. The

elite/corporations first used divide et impera when they

created the USA from the several states. They increased

factions with voting districts so that voter unity wasdecreased. Less unified means the people are less able to

hold their politicians accountable. They increased factions

within districts by enlarging the districts. Larger districts

means more factions means less unity. That is why our

founding plutocrats discared the Articles of Confederation and

illegally installed the current federal constitution.

Then they created multiculturalism so as to increase

heterogeneity among the populace. A more "diverse"

populace is more divided.

So, increase the size of the nation and increase racial,

cultural and national diversity. That increases the number of

factions inside districts, which means less unity among

voters, which means the people have less control and the

corporations have more control.

THAT increased control over the government means the

corporations and plutocrats can implement globalization and

mass immigration.

Mass immigration increases factionalization further, thus

creating a positive feedback loop. Globalization decreases

wealth, giving the corporations more power.

Positive feedback again.

Well, there is more to it than just that, but you get the gist.

And so it goes...

barre-de-rire

global will

fade just

because of

one thing : costs.

at some points, make stuff homeland just as expensive as

chinese world factory. when this day comes, prey to be

already dead to not see what happen.

Monty Burns

That's correct

and goes to

show that the

capitalist elite and

the Cultural Marxists have circled only to meet up. Add in

the systematic destruction of fundamental institutions like

family, religion, traditional education etc.


comments

Loginor registerto

post comments

Loginor registerto

post comments


6/6



Sun, 11/02/2014 -

17:35 | 5404719

McCormick No. 9

Debt based

money creation works f ine below a certain debt-to-

production capacity ratio. Don't ask me what that ratio is, I 'm

not an economist. But intuitively, I am pretty damn sure we

passed it a long time ago. We are deep in the region of

diminishing returns. The only entties with a capacity for more

debt are governments. That capacity is based on a societal

debt tolerance, ie, how much collective pain are we willing to

suffer? (People will suffer a lot more if everyone around

them is suffering as well, ie London Blitz, etc)

But I think we are starting to approach a limit there as well.

Shit to hit! Soon!

Copyright 2009-2014 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every

time you engage the site: they're updated constantly without notice. Don't poke around on the site without reviewing our Cookie Policy; you expressly agree to our serving cookies

unless they're disabled on your browser (instructions included). Happy surfing. Review our notice on Racial Discrimination.


comments

_Globalization is Turning in on Itself and It is Each Man for Himself_ _ Zero Hedge

Documents

Transcript of _Globalization is Turning in on Itself and It is Each Man for Himself_ _ Zero Hedge