If peak globalization has been reached, then the long term bet on globalism could also be unwinding. The post World War II era of multilateral free trade agreements is beginning to look jaded and that could also be making the long term bet on globalism a loss-making play going forward. Economic nationalism has locked swords with globalism which could mean that peak globalization and its subsequent downtrend are likely to be the...
Read More
Could the real motive for a trade war be a build-up to war in the Pacific with China? The Carnegie Council asked people in their audience to raise their hands if they think there “will be a war with China within the next year or so or a major armed conflict in East Asia generally. Maybe this would help show the real motive for a trade war” Only a couple of people raised their hands. But that vote was conducted in April 2017 when...
Read More
Recent Comments