‘I’ll go away’: Former BHP Billiton boss warns about the impact of globalisation


The BHP founder Billiton’s former chief executive says globalisation will not be the end of the world.

Photo: Jason South “Globalisation has already had its effect,” said Clive Palmer in a video message posted on Facebook.

“There’s no doubt it has caused some disruption, but we’re going to go through it and deal with it as best we can.”

The former boss of the oil giant, who left the company in the wake of the BHP collapse, said his message was meant to be “a plea to keep working hard”.

“I’m not saying to take a vacation, but I’m saying, keep your head down and keep trying, because we’ll be OK,” he said.

Mr Palmer said the world was on a path towards “greater and greater complexity” and he said the future was uncertain.

“What’s happened in the last couple of years is, we’ve seen an incredible shift in the world and it’s very difficult to predict how the world is going to develop and how it’s going to change,” he added.

“But it is clear we will see greater and greater economic complexity.”

Mr Palmer also said the BHPs demise was a sign of things to come.

“It’s a sign that the world really is on a course that will lead to greater and more complex economic and social change and we can all be part of that, Mr Palmer added.