Obama: Trump, Sanders Tapped Into Desire To Rein In Globalism; We Must "Guard Against" Rise Of Nationalism

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President Obama holds a joint press conference with Greek Prime Minister Alexis Tsipras in Athens Tuesday evening local time. This is the first leg of his global "farewell tour" where, according to his administration, he will prepare foreign leaders for a Trump presidency.

Obama said "a suspicion of elites and governing institutions that people feel may not be responsive to their immediate needs" led to a Trump presidency. However, he warned about a "suspicion of globalization" and "a desire to rein in its excesses."

"That sometimes gets wrapped up in issues of ethnic identity or religious identity or cultural identity. That can be a volatile mix," he said.

"The lesson I draw, and I think people can draw a lot of lessons, but maybe one that cuts across countries is, we have to deal with issues like inequality, we have to deal with issues of economic dislocation, we have to deal with people's fears that their children won't do as well as they have," the president also said.

"People are less certain of, of their national identities or their place in the world," Obama said. "It starts looking different and disorienting. And, there is no doubt that that has produced populist movements both from the left and the right in many countries in Europe."

PRESIDENT OBAMA: When you see a Donald Trump and a Bernie Sanders, very unconventional candidates, have considerable success, then obviously there is something there that's being tapped into: a suspicion of globalization, a desire to rein in its excesses...

I do believe, separate and apart from any particular election or movement, that we are going to have to guard against a rise in a crude sort of nationalism or ethnic identity or tribalism that is built around an us and a them.

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