
Protests in London against Brexit. 28 June, 2016. Ed Everett/Flickr. Some rights reserved.
Francesc Badia i Dalmases: Quentin, what is happening? We seem to be witnessing turmoil all around the world. There is popular rejection of the political status quo in almost every continent. Is this the end of the liberal world order?
Quentin Peel: I think it is less dramatic. When we had the global financial crisis in 2008 and later in 2010, the Eurozone crisis, at the time I remember thinking “Oh no, this is going to be terrible, when everyone retreats into nationalism and protectionism”. It didn’t quite happen then, but it’s happening now. We delayed this reaction, but we couldn’t stop it.