GLOBALIZATION HAS FAILED
At the World Economic Forum, U.S. Commerce Secretary Howard Lutnick asserted that globalization has failed with the West and the United States. According to him, this is a misguided policy that has lasted for decades.
The Trump administration declared that the U.S. will no longer continue to export jobs or shift the future overseas. The new focus is on domestic production and protecting American labor interests.
This message marks a reversal in global economic strategy, where protectionism is making a strong comeback. With the financial and crypto markets, this means more fragmented supply chains, higher structural inflation, and a growing demand for decentralized assets.
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