Last quote about Populism
All quotes about Populism
This is almost like Trump said, Hey somebody get me a budget' and Heritage said, We've got one right here.
Where's the populism?
They're going to have a constant stream of petitioners now on these programs.
There is waste in the welfare state. They're just scraping the edges. Collecting all this money at the federal level and then handing it down to the states is a recipe for corruption and inefficiency.
It mirrors that budget very closely. They're making a political statement that creates a lot of fire for their opposition and it's not going to win.
This shows it's impossible to make deep cuts to domestic priorities without hurting many the working people and most vulnerable people that the president talked about helping.
He does not represent a populist wave. Rather, he is part of the political landscape and how his party fares does not tell us much about European populism. The real bellwether election will be Marine Le Pen's quest for the French presidency, starting April 23 – that is where the populist action is and that is what we should be focusing upon.
'He does not represent a populist wave. Rather, he is part of the political landscape and how his party fares does not tell us much about European populism,'. The real bellwether election will be Marine Le Pen's quest for the French presidency, starting April 23 - that is where the populist action is and that is what we should be focusing upon.
Wilders failed to win the Dutch elections. I am relieved.
The Dutch elections are a perfect start for the electoral year because the populists and the anti-Europeans failed.
The arguments for the union are very strong, but be in no doubt, I give this very strong warning, there are elements of the Conservative party and elements of the rightwing media that are perfectly happy with the break-up of the UK.
The position is retrievable, but only if we change. This is not about the personality of the leader. In my view, we are in fundamentally the wrong political position. If you stick to that position, even if you change the leader, you will not have a different result.
An indifference to liberal democracy is starting to form in parts of Europe. There are very worrying trends including as many as a third of young people in France saying they doubt democracy is the best form of government. Even where populism does not win, as in Holland, it influences and distorts debate. Populism identifies an enemy as the answer to what are essentially the problems of accelerated change.
Labour has got to build out from the remain vote and reach out to those that are persuadable in the leave camp. It would be a fundamental strategic error to end up trying to go to the leave camp, and then trying to build out across the other way. Then you will end up not persuading the leave people, and alienating the remain people.
Increasingly the hard right ideologues who are really driving this are going to push us towards the position of: 'You know what? No deal is really fine'. At various points over the past 20-30 years sometimes it has seemed disloyal to talk about the Labour party being in bad shape but when it is in the situation it is today – seven years into a Tory government and losing safe Labour seats to the Conservatives – if you want your analysis of politics to retain any credibility, you have got to say the position is serious.
Rutte has not seen the back of me. Those are not the 30 seats we hoped for.
The Netherlands, after Brexit, after the American elections, said 'whoa!' to the wrong kind of populism.
I want to thank them. It makes me feel so powerful and dangerous and brave. It reminds me what I'm saying is effective and bring more interest to my work and their obsession with me keeps me going.
I am only alarmed by the people printing their organized trolling as 'news,' . This is what the current administration wants. So journalists – do better, it's embarrassing. Trolls, see you on the next one!
The Netherlands, after Brexit, after the American elections, said 'Whoa' to the wrong kind of populism.
In short, although I think that we are seeing something of a pushback against populism in Europe today and that we should feel some relief at the Dutch outcome, populism is far from dead, including in the Netherlands, and we should treat the French election on its own merits.
The values of openness, respect for others, and a faith in Europe's future are the only true response to the nationalist impulses and isolationism that are shaking the world.
He does not represent a populist wave. Rather, he is part of the political landscape and how his party fares does not tell us much about European populism.
Markets will of course now turn their attention to France, where the candidacy of the far-right Marine Le Pen arguably poses greater risks. To whatever extent this vote is a signal on France, the high turnout and rally around towards the mainstream center look bad for her. The structure of the French presidential election also create additional obstacles to any far-right victory in France. As such, the Dutch result may be remembered as the turning point in the popularity of populism for 2017.
Our message to the Netherlands - that we will hold our course and keep this country safe, stable and prosperous - got through. This was an evening when, after Brexit and Trump, the Netherlands said, 'Stop' to the wrong sort of populism.
Netherlands said No to the wrong type of populism.
The British system is complicated, but I think the Greens ought to be able to make an impact. People in cities understand the wellbeing of our planet is important, that we need to get off fossil fuels, organise the economy differently.
I don't think the current government has divided things equally.
Our message speaks to the population of Amsterdam, and that's to do with the fact that Amsterdam is a metropolis with lots of young, well educated people. What we share is a very open and tolerant view of the world, socially and culturally, whether about abortion, euthanasia or the soft drugs policy. But I think the reason we've overtaken D66 is that we have a social-economic message of sharing fairly. In a city like Amsterdam, where inequality is rising, integration is an ongoing process, but we've shown it can be dealt with differently.
The rich are getting richer, the poor are getting poorer, and people on the lower end of the scale are being forgotten. But the other thing is the climate. We need to do something about it – we really can't stand still any longer.
We were all being told this was going to be a triumph for the extreme right. And yet again the outcome shows that it's the (political) center and right that provide the best bulwark against populism and extremism.
We say no to the wrong kind of populism. The Netherlands, after Brexit, after the American elections, said 'Whoa' to the wrong kind of populism. Today was a celebration of democracy, we saw rows of people queuing to cast their vote, all over the Netherlands -- how long has it been since we've seen that?
It is also an evening in which the Netherlands, after Brexit, after the American elections, said 'stop' to the wrong kind of populism. Rutte has not seen the back of me!! We won seats. The first gains are made. I would still like to co-govern as the PVV, if possible. But if that doesn't work … we'll support the cabinet, where needed, on the issues that are important to us.
It is also an evening in which the Netherlands after Brexit, after the American elections said stop to the wrong kind of populism.
I mean, this is your electoral campaign dream, right? You can't script this if it was a movie. It's really helped Mark Rutte to take the lead and a big lead over Geert Wilders.
I mean this is your electoral campaign dream, right? You can't script this if it was a movie. It's really helped Mark Rutte to take the lead and a big lead over Geert Wilders.
We want to stick to the course we have – safe and stable and prosperous.
The Netherlands said 'Whoa! Stop!' to the wrong kind of populism. We want to stick to the course we have – safe and stable and prosperous. It is the third elections after Brexit, after the American elections. We have the upcoming French and German elections. And this is a chance for a big democracy like the Netherlands to make a point – to stop this toppling over of the domino stones of the wrong sort of populism.
We're gaining momentum in the polls. And I think that's the message we have to send to Europe. You can stop populism.
What I would say to all my left-wing friends in Europe: don't try to fake the populace. Stand for your principles. Be straight. Be pro-refugee. Be pro-European. We're gaining momentum in the polls. And I think that's the message we have to send to Europe. You can stop populism.
It is the third elections after Brexit, after the American elections. This is a chance for a big democracy like the Netherlands to make a point - to stop this toppling over of the domino stones of the wrong sort of populism.
The message is that many people want to regain national sovereignty, they don't want to be dependent on the political elite whether that is in their own capitals or in Brussels. I think that many European people believe we should regain national sovereignty - that we should be in charge of our own immigration policy and our own fiscal policy. We should not spend money on foreign countries or foreign people when at the same time we neglect our own people.
This is a chance for a big democracy like the Netherlands to make a point to stop this toppling over of the domino stones of the wrong sort of populism. There is still a risk that we wake up on Thursday morning and seeing that Geert Wilders is leading the biggest party.
I share some opinions with him, but he shouldn't be so radical. Otherwise we get a second Hitler and we don't want that.
Life in the Netherlands is good.
It is the third elections after Brexit, after the American elections. We have the upcoming French and German elections. And this is a chance for a big democracy like the Netherlands to make a point – to stop this toppling over of the domino stones of the wrong sort of populism.
Geert Wilders is losing momentum in the polls. We're gaining momentum in the polls. And I think that's the message we have to send to Europe. You can't stop populism but what I would say to all my left-wing friends in Europe: don't try to fake the the populace. Stand for your principles. Be straight. Be pro-refugee. Be pro-European.
Like Jackson's populism, we're going to build an entirely new political movement. The conservatives are going to go crazy. I don't think we've had a speech like that since Andrew Jackson came to the White House. But you could see it was very Jacksonian. It's got a deep, deep root of patriotism there.
The longest coalition formation was seven months. It wouldn't surprise me if this results leads to a very complicated and long formation process.
I think the whole world around us is getting more extreme and it is just getting more polarized.
This is a chance for a big democracy like the Netherlands to make a point to stop this toppling over of the domino stones of the wrong sort of populism. There is still a risk that we wake up Thursday morning and seeing that Geert Wilders is leading the biggest party.
The genie will not go back into the bottle. People feel misrepresented.
It is my task to keep the nation safe and stable and deal with these kinds of people.
It's nonsense that many parties say that they won't form a government with the PVV. And yes, then you get a total exclusion, and you can't speak about democracy anymore.
We want be in charge of our own country, our own money, our own borders, and our own immigration policy. Whatever the outcome of the election today, the genie will not go back into the bottle. Despite what the elite wants, politicians are getting strong who have a totally different concept of what the people want them to do.
The fact is that politicians are only enlarging the problems instead of solving them. The wrong sort of populism is not addressing the real issues of the people, only making them bigger, instead of solving them.
It is my task to keep the nation safe and stable and deal with these kind of people.
The Netherlands said 'Whoa! Stop!' to the wrong kind of populism. We want to stick to the course we have - safe and stable and prosperous. It is the third elections after Brexit, after the American elections. We have the upcoming French and German elections. And this is a chance for a big democracy like the Netherlands to make a point - to stop this toppling over of the domino stones of the wrong sort of populism.
The thing is, I think the whole world around us is getting more extreme and it is just getting more polarized.
The genie will not go back into the bottle. People feel misrepresented. Despite what the elite wants, politicians are getting strong who have a totally different concept of what the people want them to do.
You could say these are the quarterfinals. The quarterfinals in trying to prevent the wrong sort of populism to win. The half-finals are in France, in April and May. And then in September in Germany, we have the finals. And I want the Netherlands to be the first country which stops this trend of the wrong sort of populism.
It appears that the VVD will be the biggest party in the Netherlands for the third time in a row. Tonight we'll celebrate a little. It is also an evening in which the Netherlands, after Brexit, after the American elections, said 'stop' to the wrong kind of populism.
The Netherlands, after Brexit, after the American elections, said 'No' to the wrong kind of populism. Today was a celebration of democracy, we saw rows of people queuing to cast their vote, all over the Netherlands – how long has it been since we've seen that?
In these elections there was an overwhelming attention from the foreign press, which is understandable because Brexit happened and Trump was elected, and because France, Germany and maybe Italy will be holding elections. They asked us: Will populism break through in the Netherlands? That is the answer that we have for the whole of Europe: Populism did not break through.
Whatever the outcome of the election today, the genie will not go back into the bottle. Despite what the elite wants, politicians are getting strong who have a totally different concept of what the people want them to do.
It's come to feel like you're a stranger in your own country. Foreigners come and expect everything that we can give them. They have something in their attitude – you feel always a little bit afraid. They want too much power in the country.
Too much fighting, fighting, fighting, all the time.
I'm very nervous. I think there is a chance.
[It's] a kind of liberal myth. [Liberals] want to have a reason why people are supporting populist parties when their values are so clearly against progressive values in terms of misogyny, sexism, racism.
I think it is a serious possibility that Labour has come to the end of its existence. Socialism, of some variety, is either not considered viable or is deeply unpopular, and in some cases is both.
I can't really believe that it is possible to beat the populists in terms of populism.
However well his anti-EU, anti-Islam and anti-immigration platform does in the general election, Wilders will not get to lead a government – or a Nexit. Whether Geert Wilders’ PVV party ends in first, second or third place in the Dutch general election on Wednesday, one thing is certain: the Netherlands will still be gripped by “populism paralysis”.
I want The Netherlands to be the first country which stops this trend of the wrong sort of populism. You could say these are the quarter-finals in trying to prevent the wrong sort of populism to win. The half-finals are in France in April and May and then in September in Germany you have the finals.
Le Pen could feasibly win. Populism could sweep her into office. It's not being priced in, but she's going to win in the first round. She could then pull out a surprise in the second round. If she were to, then we would see the euro fall and we would see dollar strengthen.
This year is not only about the election in the Netherlands, but elections in the whole of Europe. In the Netherlands, we have to show that populism can be stopped and there is an alternative. That alternative is us. The values the Netherlands stands for, for many, many decades, centuries actually, its freedom, its tolerance, its empathy. ..they are destroying it. It's terrible when people are born in the Netherlands have the feeling they are not part of this society and it is not something to be proud of, but something to be ashamed of. And I want to change that.
There is no ideology, save for populism. There's no anchoring governing philosophy to any of this. There may be 'Trumpism' but it's not really conservatism or Republicanism. There may be a realignment but the incompetent and mixed messages coming out of the White House make it very difficult. I still don't know what our position is towards Russia and Putin, I'm still unclear what the plan is to defeat Isis in Syria and Iraq, I don't know what our agenda is for North Korea and Kim Jong-un. I don't know what 'economic nationalism' means.
He will always have to do something to keep his people excited. That's what Stephen Bannon is in there for. Just as all populists, Donald Trump runs the risk of being a captive to his own populism.
It is a phenomena that's been happening across Australia.
Dutch politics is about coalition forming, and traditionally the largest party is given the chance to go and have talks with other political parties and form a government. Even if he [Wilders] was in power, he's not going to be Donald Trump where he can pass executive laws willy nilly. It's about dealmaking. Populism is on the rise in Europe and North America, there's no question. But in Dutch politics, it's much more normalized, and I think it has to do with the fact that we have a multi-party system with a very low entry threshold so populism and other new parties are institutionalized.
Brexit isn’t like Trump’s election. It’s Britain’s safety valve against angry, radical populism. What is Nigel Farage so cross about? We won the EU referendum, for goodness sake. Since 23 June, I’ve been walking on sunshine. My mood has been a state of Zen-like bliss.
Mr Rutte is right, there is a very big chance the PVV will be the biggest party in the Netherlands after the elections. But I don't agree with what he says that we do wrong kind of populism. We say what people want to hear when it comes to immigration, integration, Islam, problems which are real.
Populism is for the people – not these people or those people, but all people. True populism is not about who it excludes but who it embraces. The value of work isn't a black issue or a white issue. It's not a blue-collar issue or a white-collar issue. It's not a liberal or conservative issue. 'These ideas cost too much., We'll have to raise prices.' Funny, you never hear those concerns raised over the cost of shareholder payouts or corporate bonuses. Corporations always want to talk about the cost of raising wages and benefits, but what about the cost of not raising them?
I think the stock market has largely priced in one, two, probably three rate hikes this year.
If you look at Europe, there's a rising populist message. You know, some of these countries and some of the people want to pull out of the EU. [I]f, in fact, a country pulled out of the EU, than the euro-denominated debt would switch to the local currency. That would be one of the biggest defaults in history.
People are happy because he's doing what he said he'd do. They know he's got a heart for America.
Is bigotry. That's not a partisan definition.
Trump is stumbling toward a nationalist ideology. In that way, he has a connection with the Alt-Right, he has a deeper connection with us than he has with conservatives. Seems to be open to other ideas besides just the conservative pabulum.
There's a new political order being formed out of this. We are a nation with a culture and a reason for being. I think that's what unites us.
The alt right is not part of the conservative movement. I don't think we need to normalize them.
We don't think there's any role for the alt-right in the conservative movement.
There are a lot of killers. You think [the US is] so innocent?
There's a lot of killers. We got a lot of killers. What, you think our country's so innocent?
I do respect him. Well, I respect a lot of people, but that doesn't mean I'm going to get along with them. He's a leader of his country. I say it's better to get along with Russia than not. And if Russia helps us in the fight against ISIS - which is a major fight - and Islamic terrorism all over the world, major fight,- that's a good thing. Will I get along with him? I have no idea. It's very possible that I won't. There are a lot of killers. We've got a lot of killers. What do you think? Our country's so innocent?
People are frustrated. They don't know what to do in this situation. Especially with the shadow of far right populism all over Europe. That is why it's so important that we all go out in the street today to say that we are many, many people who want to shelter those who are waiting for us at the borders of Europe.
Populism is not a structured economic philosophy such as capitalism, socialism or communism. But it's a cry of pain by the populace for some leaders to arise to take charge and lessen their pain. Entitlements are drowning out the funding of ultimately what is required to engender productivity growth, and as you know productivity growth is basic for all economic activity and especially standard of living.
With unemployment and everything like that, people get lost and then comes someone like Donald Trump or, in Europe, ... these new right-wing people like Marine Le Pen. There are many countries that have had a long democratic tradition and to our surprise we see the return of right-wing parties across Europe - we thought we'd never see this again.
My election as the President of the Republic of Austria in December 2016 was a clear rejection of the burgeoning nationalism, protectionism, the seductive, simplistic populism.
Both Yudhoyono and Baswedan are American-educated, moderate Muslims who have little choice but to ride the wave of Islamic populism to compete with Ahok.
You can actually actually win against rightist populism, it is possible that has to sink in the brains of colleagues in all teh countries of the EU. In particular, perhaps in the Netherlands presently and in France. That is one message and the other one is, try to get the young people on your side.
AMLO is a populist, nationalist, anti-globalization, anti-NAFTA candidate, not unlike Trump himself. Regardless of his economic or other leanings (which veer toward leftist populism), the two personalities would make bilateral compromises all the harder.
It plays right into left-wing candidates in Mexico like López Obrador who are openly hostile to the U.S. I'd think the Trump administration's worst nightmare would be to have López Obrador as president. Populism can cut in two different ideological directions.
Europe is facing a moment of truth. The issue is populism. What we are hearing from the U.S. encourages populism and even extremism. They are saying that Europe should not take immigrants, shouldn't stay together, not believe in climate change. Love thy neighbor' is part of this (American Christian) tradition, the act of helping others. We have signed international obligations, so welcoming refugees fleeing war and oppression forms part of our duties. President Trump is right. I built a wall along Israel's southern border. It stopped all illegal immigration. Great success. Great idea.
Europe is facing a moment of truth. The issue is populism. What we are hearing from the U.S. encourages populism and even extremism. They are saying that Europe should not take immigrants, shouldn't stay together, not believe in climate change. We have signed international obligations, so welcoming refugees fleeing war and oppression forms part of our duties. The United States is responsible for the United States' policy on refugees.
The meeting is very important for both individuals because they are labeled as anti-free trade and driving the engine of populism and protectionism. So far, [Trump] has shown that he is good in cutting ties with other governments and firms if they do not work according to his plan. He needs to assure the world that cutting ties has the benefit of making good deals.
The danger, the biggest danger I see is, that we get seduced by easy answers, and shift towards nationalism and provincialism. This cannot be in the interest foremost of Austria, as a very small state compared to the entire world. Let us not be seduced.
In the case of Donald Trump, the first signs of such a betrayal of his promises are already there. The talk is of rolling back key anti-corruption legislation and ignoring potential conflicts of interests that will exacerbate - not control - corruption.
The policies of Angela Merkel and Wolfgang Schaeuble have no doubt contributed to the deep crises in the European Union since 2008, to the isolation of a dominant German government and, through a relentless insistence on austerity, to high unemployment outside Germany. One consequence has been the strengthening of anti-European populist parties and the damaging of not only democracy but also a good investment climate. The continuation of the current policies comes at the cost of sustainable growth. This is also dangerous for Germany.
If we have pro-growth populism (from Donald Trump) it's great – which we think is really what's going to happen in the end, that's more likely. But if we have protectionist populism, that could be a disaster for the US, China and many parts of the world. That's a recession scenario.
He didn't decide to go high. He decided to go populist and protectionist, and that's something we're going to have to get used to. When you put together populism and protectionism, it has a lot of economic fallout. That's how he got here.
We have no budget constraints in mind, totally unrealistic propositions, very badly fleshed out, so this is very much a characteristic of this new populism.
A combination of politics and populism is continuing to take precedence on a worldwide basis compared to Africa.
Protectionism, populism and de-globalisation are on the rise. It's not good for closer economic cooperation globally.
I think the market has discounted the obvious. Meaning if you take the corporate tax rate and you change it by that amount ... the market has adjusted now to that level.
Now we're at a point where we have to wait and actually see. I think the real question is what is a Trump administration? Is it going to be wise and thoughtful? ... So we're at the stage that we made the initial reaction to that, but now [we'll see] how these people work together and actually operate.
Right now as an influence [populism] is more important than central banking. This is the first year I would say politics is more important. If you look at Europe as a whole and you're going to say what is the greatest threat to the European Union? It is not the debt crisis. It is not central bank policy. It is the movement of populism.
Populism is not just the belief that there is a wealth gap ... But it's also a sense that they don't represent me. It's a matter of nationalism, it's a matter of getting greater control. It's a matter of increased polarity - the left becomes more left, the right becomes more right - and that particular dynamic, I would say that this is the first year where populism is the most important issue globally.
There are similarities between what happens with Trump and what is happening over Brexit – the rise of populism and people voting for an agenda that isn't necessarily realistic but has been sold to them through a mix of messages that sound realistic. As with Trump, the real test with Brexit will be in six months when it has to deliver.
We are confident that we will keep our economy stable and growing steadily. Protectionism, populism and de-globalization are on the rise. It's not good for closer economic cooperation globally.
The implications of the global trust crisis are deep and wide-ranging. It began with the Great Recession of 2008, but like the second and third waves of a tsunami, globalization and technological change have further weakened people's trust in global institutions. The consequence is virulent populism and nationalism as the mass population has taken control away from the elites.
The rise of populism, not only in Europe but also in the United States, questions the post war economic order that has brought unprecedented prosperity and reduction in poverty. As an economist I'm worried at the future of world trade, cross border cooperation, and the role of international institutions.
Maybe I am a little bit naïve in these questions after more than 40 years of politics, that can happen. And it's not maybe my first mistake that I have made in my life, in my political life. When I see that number of these people are not going to pro-European groups for the moment, at this moment that we are speaking and debating, maybe it was not so a bad thing, it will weaken euroscepticism, weaken populism and weaken nationalism.
The problems we face technologically, economically,socially and politically are so tremendous, such that sustainable solutions require a systemic, holistic approach .... And particularly the collaboration of all global stakeholders, united in one mission - improving the state of the world.
Without economic development, social progress is not possible and without social progress, economic development is not sustainable. Every simplified approach to deal with the global complex agenda is condemned to fail.
We are at some kind of a turning point of history – we need new concepts, we do not have the solutions or the intellectual concepts for everything which we confront. We have to be modest and provide the young generation with the possibility even more to make a contribution.
Since the beginning of the century GDP has increased in 30 countries while their CO2 emissions have declined – and the club is growing. That's equivalent to one person per second. If you're against globalization, you tend to be against global agreements on climate. One fifth of U.S. professionally managed assets were guided by some form of sustainable investment practices in 2016.
With the rise of populism, protectionism, and nativism, the world has come to a historic crossroad where one road leads to war, poverty, confrontation and domination while the other road leads to peace, development, cooperation and win-win solutions.
One of the greatest challenges we all face right now, not just America but every country, is that we are living in a factless political environment. Every country in the world better stop and start worrying about authoritarian populism and the absence of substance in our dialogue.
This is a story happening across Asia, but China is a big part of it.
We tend to see China as a country that has benefited enormously from globalization.
There is absolutely room for a populist surprise in Canada. The type of forces driving Brexit and Trump are very much at work in Canada, albeit somewhat more muted.
I condemn them. I disavow, and I condemn.
If you don't support white advocacy, you cannot be alt-right and that's where a lot of people are running into a problem.
We're in the process of constructing it, and it's messy.
I condemn them. I disavow, and I condemn. It's not a group I want to energize. And if they are energized I want to look into it and find out why. I've known Steve Bannon a long time. If I thought he was a racist, or alt-right ... I wouldn't even think about hiring him.
The reason Trump got his momentum is he was the only candidate who was prepared to talk about immigration.
She may believe that swimming away from the broad centre of the Conservative electoral coalition, the one that wins elections, may make sense. History and demographics argue otherwise.
Elites pretend this isn't an issue, but Canadians want to talk about it (immigration). I am talking about screening immigrants, I am talking about building pipelines, I am talking about making sure Canadians have jobs, so yeah, some of the ideas and language are the same.
Even if my colleagues are concerned about the backlash of the media or other elites, that's okay with me because I'm quite comfortable ... I don't view it as racist in any way.
No Nazi salutes ... or don't have your name on the event.
She may believe that swimming away from the broad center of the Conservative electoral coalition, the one that wins elections, may make sense. History and demographics argue otherwise.
A lot of people were calling me and saying, Oh, you should do it, just do it, this is the moment.' I'm obviously flattered. If I did this, it would not be some eccentric campaign that no one talks about and is a footnote to history. It would become a major conversation around the country … just because of my profile in the alt-right. Again, I would only do it to win it.
Joachim Fels - Pimco
The only certainty in our view is that the tails of the distribution of potential macro outcomes have become fatter. Left-tail risks are defined by rising debt, monetary policy exhaustion and the populism-powered transition from globalization to de-globalization.
They are not simply conservative or alt-right, but actually espousing racist ideas and racist goals. They won't agree with this label, but I think it is important to be clear about what they represent and what their goals are.
Populism is not inevitable. The extreme right is not irresistible.
And I would say in spite of the many crises of the last six, seven years, we continue to steer the ship towards this mandate, and we foresee that inflation will go back towards our objective of an inflation rate below but close to 2 percent by 2018-2019.
All of these are supranational affairs that require a common response. European integration is the appropriate response, but this has become weaker in recent times, partly because of populist movements.
What we know is we have an objective which is price stability and we have instruments to achieve that. How can we best contribute to confidence and stability? Through fulfilling that mandate.
It will be more difficult for investors and other economic agents in the United Kingdom to make decisions. Now, the impact of course is going to be stronger on the UK than it is on the EU and on the euro area, but certainly the UK is a large economy, so it will have an effect here too.
The U.K., when it leaves the EU, is going to be a less open economy. Both those things are going to be negative for growth in the medium term.
We're going to have less open economies; we're going to have trade barriers going up; I think Donald Trump is going to be looking at NAFTA, he's going to be looking at China very hard, and those were very clear parts of his campaign.
Everybody speaks about Trump and populism and the Italian referendum coming up. We very much feel that these themes are already playing in the market and may be slightly overstated. We would tend to believe that next year will bring some positive news. We feel that world growth probably could be around 3.5 percent versus 3 this year.
George Soros has spent his life and his fortune promoting justice and human rights around the world. The alt right has manufactured conspiracy theories and delusional narratives to spread their false propaganda.
I think it's time maybe, it's time for a general. Look what's going on. We don't win, we can't beat anybody.
The law is totally on my side, meaning, the president can't have a conflict of interest. Despite that, I don't want there to be a conflict of interest anyway ... I understand why the president can't have a conflict of interest now because everything a president does in some ways is like a conflict of interest, but I have, I've built a very great company and it's a big company and it's all over the world.
Do you think it's a coincidence that everybody like me loves Trump and supports him?
The whole promise of his campaign was that he wouldn't do that.
There's an ironic exuberance to it all. I think that's ... one of the things that makes the alt-right fun, is that we're willing to do things that are a bit cheeky.
If you look at Brexit, people were worried about serious contagion effects but the signal (that leaving the EU is a solution) is the opposite throughout Europe.
You can expect euro-dollar parity in 2017 and from there you can even get to 0.95 and 0.93 levels pretty easily… I mean, predicting what will happen next, especially in Italy, is impossible, but predicting that it will be messy and volatile is easy.
All in all, Trump's win, Brexit and other political events are global risks whereas the euro itself is relatively stable… and I say relatively because the rest of the world is unstable right now. I'm not as enthusiastic as I was but the future of the euro is not in doubt.
The euro is extremely vulnerable at the moment and so I expect to see euro-dollar at around 1.05 by year end.
If people are given the chance to think about leaving the euro then they will do so twice, maybe 10 times or even 100 times. If you look at Brexit, people were worried about serious contagion effects but the signal (that leaving the EU is a solution) is the opposite throughout Europe.
AfD is a German expression of that kind of right-wing populism that you see everywhere in Europe.
Hail Trump, hail our people, hail victory!
The hatred and bigotry that is at the core of alt-right ideology has not changed. What has changed is the name, their packaging and the stated belief that they have a champion in the highest office.
A 30-year drift toward neoliberalism in the Democratic Party establishment damaged the Clinton campaign in ways no message could fix. That allowed Trump's phony populism to flank Clinton on jobs and trade.
That allowed Trump's phony populism to flank Clinton on jobs and trade.
The scariest part of his potential administration will be how his political debts to the alt-right will manifest itself in his administration and policies. Jeff Sessions is one of those manifestations . . . to be in control not only of justice in America, but really to bring injustice to America.
Like [Andrew] Jackson's populism, we're going to build an entirely new political movement. The conservatives are going to go crazy. I'm the guy pushing a trillion-dollar infrastructure plan. With negative interest rates throughout the world, it's the greatest opportunity to rebuild everything.
You've got the monetary policy story. You've got rising inflation. That's there too. People are thinking the next wave of populism is going to be Europe. You've got the monetary policy story and the political story conspiring to strengthen the dollar and weaken the euro.
I am alive, physically. But digitally speaking, there has been execution squads across the alt-right. It is corporate Stalinism. There is a great purge going on and they are purging people on the basis of their views.
This is 2016 and we live in a digital world.
Everything contributed a little bit (to populism). We had of course globalization which was overhyped; then we had the financial crisis and we dealt with it but not perfectly; and all throughout, there was this continuous rise of giving more and more attention to the minorities and at a certain time the majority says 'Hey, we would like to come to the picture as well'.
So the (U.S.) economic policy could remain ultimately rather prudent, but if the president makes it (grow fast) from time to time saying 'now we look after you', that might be enough.
That is the art of the politicians now: To deliver the symbolism without damaging the economy.
Just to be clear news media, the next president named a racist, anti-semite as the co-equal of the chief of staff. The racist, fascist extreme right is represented footsteps from the Oval Office. Be very vigilant America.
Don't be afraid. We are going to bring our country back. But certainly, don't be afraid. You know, we just had an election and sort of like you have to be given a little time. I mean, people are protesting. If Hillary had won and if my people went out and protested, everybody would say, Oh, that's a terrible thing.' And it would have been a much different attitude. There is a different attitude. You know, there is a double standard here.
Demagogic populism is not just a problem in America. Also elsewhere in the West, the political debates are in a worrying state.
EU bureaucrats will also want to try and discourage the kind of populism that created Brexit and Trump within its own states with an unbeneficial deal for the UK. A bad deal for the UK is self-defeating for the EU economically, but serves a political purpose of trying to stop its own eventual break-up.
Demagogic populism is not just a problem in America. The political debates are also in a state of concern elsewhere in the West.
The Trump win does show that populism continues in 2016 and suggests a 'no' vote in the Italian referendum could be stronger than we assumed. That is something that could become an issue for the market and something people will focus on.
I have a hard time believing we're going to get populist unity. The populism of Bernie Sanders is a hell of a lot different than Donald Trump's. It's out there as a factor. But the overriding difference is that the economy is clearly showing signs of accelerating, and an improving economy would weaken some of that populist fervor.
Consumers don't like rising prices, and when the populism backfires, we'll go back to less-restrictive trade policies. When Americans see that they have to pay more for everything at Target, they'll forget about populist polices in a heartbeat. What about the coal miners and the assembly-line workers? Well, what about my checking account and Visa statement?
We are not forecasting the outcome of the election. What we are saying is that by looking at the past, as well the current policies which have been proposed by political parties in Europe and U.S., on both sides, we draw the conclusion that there will be an effect on growth and inflation.
This isn't like the days when NAFTA was passed. Feedback comes almost instantaneously, which helps with crafting trade agreements and policies.
Populist regimes have this tendency to put more emphasis on national spending.
There are too many areas where the scope in which we cooperate together is too small and national interests are brought to the fore. European integration cannot be left or bow to the interests of individual member states.
The confusion that populism has created on both sides of the Atlantic has made asset-allocation decisions difficult for European portfolio managers. I didn't find anyone who was enthusiastic about any asset class. Most were looking for a place to hide until the outlook clarified, but the feeling was that the investment landscape would not improve soon.
I wanted to start Schwarzman Scholars because I saw in the rise of populism the potential unfortunate outcome.
I looked at where I thought populism was going and I thought it was inevitable that China would be on that list of groups to be angry at. They've been a huge winner through globalization. Jobs have moved around the world, but to Asia in particular in China as the largest beneficiary.
Italy is at the higher end of the risk spectrum from populism.
Diversity can bring us together, not drive us apart. We must make sure that we are able to break this alliance between all those terrorist groups or violent extremists on one side and the expressions of populism and xenophobia on the other side. These two reinforce each other, and we must be able to fight both of them with determination.
The government is trying to run a fine line between making Australia conducive as a place to invest in, but at the same time trying to placate the more extreme manifestations of populism.
The European Union still does not have enough union. There are splits out there and often fragmentation where we need further union, that is leaving space for galloping populism.
The European Union still does not have enough union. There are splits out there and often fragmentation where we need further union that is leaving space for galloping populism.
She's not doing it because she's a sweet girl and hopes that we succeed, she's doing it obviously because she thinks she can hurt Donald Trump by calling attention to us sand our support of him.
She has called attention to our movement, and we're perfectly pleased that she should do so. The fact that she's calling attention to people who have very thoughtful things to say about problems for which the prevailing orthodoxy has no solutions, yes, we're grateful to her for that.
The de facto merger between Breitbart and the Trump Campaign represents a landmark achievement for the 'Alt-Right,' a fringe element has effectively taken over the Republican Party. This is part of a broader story -- the rising tide of hardline, right-wing nationalism around the world.
This is not conservatism as we have known it. This is not Republicanism as we have known it. These are racist ideas, race-baiting ideas – anti-Muslim, anti-immigrant, anti-woman. All key tenets making up the emerging racist ideology known as the 'alt-right.
To give you a flavor of [Bannon's] work, here are a few headlines they've published:. That one came shortly after the Charleston massacre, when Democrats and Republicans alike were doing everything they could to heal racial divides that Breitbart and Bannon tried to enflame. Just imagine – Donald Trump reading that and thinking: 'This is what I need more of in my campaign.'.
There's always been a paranoid fringe in our politics, a lot of it arising from racial resentment. But it's never had the nominee of a major party stoking it, encouraging it and giving it a national megaphone until now. When Trump was asked about anti-Semitic slurs and death threats coming from his supporters, he refused to condemn them. Through it all, he has continued pushing discredited conspiracy theories with racist undertones.
The treasurer's decision ... is a huge concession – the first major policy sacrifice – to the Witches' Sabbath of xenophobia and economic nationalism stirred up in the recent federal election. The treasurer is conceding to economic populism in the Senate.
We must remain united and focused because we must be strong in the face of this threat. Populism stalks us, ready to pounce at any opportunity, to blow on the embers of discord and exacerbate divisions, as every new division makes us more vulnerable.
Was everything done? Can we respond, looking at those victims – those men, those women, who have lost their children? But we must raise the debate… because populism is lurking. Those who promise that we can fix everything by waving a magic wand are lying to the French people. Fighting terrorism is a long-term battle.
We have to give a new sense to Europe, otherwise populism will fill the gap. The EU could not wait for Cameron to depart in October before the exit process begins.
I think this vote has been a vote against open and integrated societies, quite frankly. And I think the sentiment in many other European countries ... would be to say, we will not counter that, we are so fearful, that we will basically try to counter populism by following the same road and be more protectionist.
I am aware of the economic responsibilities of the state, and even more so in a time of reform…Long-term strategies require healthy public finances, because populism is the opposition of serious change.
Well, I think it is different, but I do think that populism / nationalism are very dangerous forces, because they seem to be filled with not just extremism, but based on the fact that you hate somebody else. It's one thing to be proud of who you are, your identity. It's another to decide that the people who live next door to you are unacceptable.
Markets have taken the view that what's been bad for Dilma has been good for asset prices. I think that's rather complacent. I think what comes next is highly uncertain. [It] could pave the way for a market friendly government, but really the political situation in Brazil is very polarized. ... I think it's just as likely that we could get further economic populism, and that would be very bad, needless to say, for Brazil's economy.
What we are seeing is that thanks to the lower uncertainty about China's economic prospects, self-stabilizing forces are being operated in the foreign exchange market and that has made it a lot easier for the exchange rate to remain stable without the heavy interventions that we saw earlier in the year.
The consequence of this is populism – exemplified by Trump and Le Pen.
Markets will react negatively because of the good reputation of the departing minister. And also out of fear that Levy's replacement will signal a shift back to fiscal populism.
Fantasising about an EU exit is to play with fire.
Every year the number of rich people is growing. On the other hand, there are a lot of poor and vulnerable people. Therefore, such a large gap between rich and poor, a lack of protection for the emerging middle class, this could create a very big problem for our potential growth and achieving the goals of modernisation. Therefore, all the social programmes supported by Putin don't mean that we are moving to the left or engaging in populism. They are only aimed at creating a basis for modernisation.
We know by experience in war that populism and nationalism is a danger for peace. But, precisely, the EU is a project for peace above the differences of countries and I believe we can overcome this struggle against nationalism.
I believe that Europe will look at Italy with more apprehension. However, this acceleration of the crisis in some ways is positive because it means that the election campaign will be shorter. We should have the elections in February and then there will be a new government at the beginning of March. A government strengthened by popular consensus and thus able to make even more difficult decisions. I think that the Italians have understood who is to blame for this crisis, and this time will not fall for popular promises and populism.
High youth unemployment combined with hatred for Germany can turn into populism and nationalism quite quickly and, in the extreme case, lead to an end of the currency union.
Berlusconi will not win. He will lose this election.
I believe that conservatives today are moving dangerously more and more towards populism. The world is facing problems but it doesn't need populism, it doesn't need fear-mongering. Their language is the language of fear, our language is the language of security. They, I think, are also using big government for the few. But we see government as empowering our citizens to deal with the new challenges of today.
The most powerful way to deal with populism, in the way that we see it emerging at the moment, is indeed for dramatically more accountability. If you look at countries such as Greece, more than 80% of Greek citizens say they have no trust in the political system or in political parties. In that environment, all forms of extremism will obviously flourish.