March 8, 2017
Trump’s victory showed just how unhappy people are with globalization, he said.
“I’m naturally inclined to think of it in those terms,” said Thiel. “There’s something around globalization that’s not been working that well.”
Thiel’s comments came Tuesday night at the CERAWeek by IHS Markit conference in Houston.
The movement of people and goods is becoming more difficult through immigration and trade restrictions, said Thiel. Western Europe and other places are tightening regulations, creating headwinds for global banks and tech companies, he added.
This article was posted: Wednesday, March 8, 2017 at 10:27 am