Our world has given way to the rise of populism, mirroring what happened in the 1930s, when after the Great Depression, populist leaders took power and World War 2 followed, said Bob Thompson, portfolio manager of Raymond James.
"Sometimes the currency wars, competitive devaluations, etc. turn into real wars," he said. "We're not there yet, I'm not saying that's going to happen, but sometimes that's the case."
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