The 10 biggest risks the world faces in 2017
Reuters/KCNA/Files
But perhaps the biggest surprise of all was the November election of Donald Trump, whose isolationist rhetoric could suggest a world with no global leader.
"The triumph of 'America first' as the primary driver of foreign policy in the world's only superpower marks a break with decades of US exceptionalism and a belief in the indispensability of US leadership, however flawed and uneven," Eurasia Group president Ian Bremmer and chairman Cliff Kupchan wrote in the firm's annual overview of top risks.
"With it ends a 70-year geopolitical era of Pax Americana, one in which globalization and Americanization were tightly linked, and American hegemony in security, trade, and promotion of values provided guardrails for the global economy," they continued. "In 2017 we enter a period of geopolitical recession."
We put together Eurasia Group's top 10 risks for 2017, along with their analysis of the risks, and, as a bonus, a list of red herrings, below.
- I spent 2 weeks in India. A highlight was visiting a small mountain town so beautiful it didn't seem real.
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
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- Global GDP to face a 19% decline by 2050 due to climate change, study projects