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Alternative Market Briefing

Risk consultant Ian Bremmer highlights hotspots in a G-zero world

Monday, May 06, 2013

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Ian Bremmer
Bailey McCann, Opalesque New York:

Forget the G-7 or the G-20, last year political scientist Ian Bremmer told us that we are now living in a G-zero world – or a world where there is no global leadership structure. Bremmer is the president of Eurasia Group, a leading political risk consulting firm that provides financial, corporate and government clients with information on how political developments move markets. He also created Wall Street’s first political risk index, and has authored a number of best selling books on geopolitical issues. I had the opportunity to speak with him at the Altegris Strategic Investment Conference in Carlsbad, California last week and he took me on a whirlwind tour of the world’s geopolitical hotspots.

As Syria takes center stage, we are now beginning to see what Bremmer’s thesis looks like first hand. "The US is not playing a global leadership role and doesn’t want to," he explains. "We are very reluctant to do anything in Syria, we are also moving our red lines there, and we are leaving Afghanistan." He notes that while the US may lead the economic recovery, it is dialing back its role as superpower and global police force.

The US, China & employment

"You see the Chinese trying, they said they were willing to facilitate negotiations between the Israelis and the Palestinians, good luck to them. The US doesn’t want to do this stuff anymore. That said, in the current geopolitical environment, the US......................

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