European populism won't burn out - but is democracy dead?

Geopolitical impact on global markets

David Dowsett, strategic adviser for emerging markets at BlueBay Asset Management, shares his thoughts on how political systems are changing across the globe.

The golden age of Western liberal democracy is over. All of the political and social schisms of the past two years are symptoms of a broken political system.  A global labour market has depressed Western living standards, and a simultaneous information revolution has given people a digital, and global, platform to express their discontent.  Brexit, Donald Trump, European populism and #MeToo are all examples of what happens when respect for existing institutions and power structures weaken.  US stocks jump as Trump agrees new trade deal with Mexico  This is not to say that Wester...