Europe in The Brexit and Trump Era: Dis-Integration and Re-Grouping
At the beginning of the last century Europe dominated the world. In other words, the world was European. Nowadays, Europe is dominated by global geopolitical dynamics it can no longer control nor manage. The European Union is not the global player it promised to become. On the contrary, it has embarked upon gradual dis-integration. In this paper we discuss the geopolitical and macro-financial implications of this process, as well as what we believe will happen after that.