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1 Comment
  1. David Lazarus says

    I have not been considering trade wars, though hot money and capital flows might be a more tolerable form of protectionism. South Korea has already imposed capital controls and if Greece had capital controls it might also be in a better shape. Same for Germanys banks. In some respects globalisation is not the great idea that it seems. Boeing have discovered that distributed manufacturing is not as good an idea as it seemed. Much of the outsourcing can also be down to tax avoidance. So maybe an end to globalisation might not be such a bad thing.

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