Perhaps the most apt metaphor to describe the decade ahead is that investors, consumers and taxpayers will all be rafting whitewater rapids with ever-briefer stretches of calm.
Where the globalization era led to global trade agreements which served at least a few of every participant's core interests, the de-globalization era will be characterized by fragmentation and deals being cut between nations outside of traditional alliances and ideological camps.open up markets and let price discovery and innovations solve all problems.
The public has tolerated a stinking mass of self-serving bailouts and insider dealings under the threat of"if we don't do this, the entire system collapses in a heap" for the past 15 years, but their patience with financier strip-mining may run out more quickly than the political elites imagine. few seem to ponder what risks might arise in other currency flows, for example, the capital sloshing around the global economy as Direct Foreign Investment
I would characterize this vast reshuffling of global capital flows as a direct consequence of two factors:2. The fragmentation of broad trade agreements in favor of special deals with trading partners that include not just tariffs but access to Strategically Significant Commodities and investment capital flows.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »