CCP Virus Is a Catalyst for Globalization’s Decline, Expert Says

A foreman wearing a face mask works as a cargo ship docks at a container terminal of Qingdao port in Shandong Province, China while the country is hit by an outbreak of the new coronavirus, on Feb. 4, 2020. cnsphoto via Reuters

News Analysis

Amid the coronavirus pandemic, globalization has entered a phase of rapid decline, according to financial expert and author Charles Hugh Smith. Smith based his claim on the S-Curve model used to predict the life cycle of a business or an economy.