No, but he has a point. Globalization, suggests the globe. Except from that perception it no longer is. In fact it has significantly changed in dynamics, in many regards. The more it plays out what does unfold?
Globalisation was crippled by the pandemic. Sure it had a common COVID narrative. But supply lines changed, and under lock down, connectivity, flight, travel decreased. War has broke out, it has significantly changed dynamics even more. The Internet for example. Sanctions halting supply lines and distribution. Hyperinflation, cost of living. These cause nationalisation or alliances benefiting their own status quo.
Undoubtedly it is still globalised but not in that meaning. The risk is larger conflict, or continued disaster where the globe isn't exactly aligning.
Alongside covid, yes, but then they will just end up with the "blackout decade" -- aka a decade where humanity is locked safely in their homes hooked in Metaverse VR.
I’m liquidating my 401k next friday, hopefully it’ll still be worth anything. I put a lot of it in blackrock-managed ETF-mutual fund crap.
nope
No, but he has a point. Globalization, suggests the globe. Except from that perception it no longer is. In fact it has significantly changed in dynamics, in many regards. The more it plays out what does unfold?
Globalisation was crippled by the pandemic. Sure it had a common COVID narrative. But supply lines changed, and under lock down, connectivity, flight, travel decreased. War has broke out, it has significantly changed dynamics even more. The Internet for example. Sanctions halting supply lines and distribution. Hyperinflation, cost of living. These cause nationalisation or alliances benefiting their own status quo.
Undoubtedly it is still globalised but not in that meaning. The risk is larger conflict, or continued disaster where the globe isn't exactly aligning.
Alongside covid, yes, but then they will just end up with the "blackout decade" -- aka a decade where humanity is locked safely in their homes hooked in Metaverse VR.