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      10-12-2019, 07:35 PM   #40
WestRace
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I don't think the "end" is the correct word. It's more like "reshuffling" with politics as the priority as opposed to profits as was in the past.


https://www.marketwatch.com/story/th...=mw_latestnews

The end of globalization is here — now investors need to prepare for what’s next
Quote:
However, the one de-globalization scenario that is especially concerning is a deep split between China- and U.S.-led economic blocs. Admittedly, it seems unlikely that trade and investment flows between the West and China dry up completely, in a repeat of the Cold War between the U.S. and the former Soviet Union. But a mix of restrictions on trade in specific sectors and products seems likely, as does some sort of technological iron curtain. Were this to happen, it would have a more deleterious effect on global growth, not to mention geopolitical stability.