After Russia invaded Ukraine, BlackRock’s CEO Larry Fink said that moment marked the End of 90s-Era Globalization
A Bloomberg Op: Agreed. But we can still pull it back, as long as we don’t alienate India and China
The Economist also warns against pulling back too much. When it comes to global supply chains, it’s all about balancing resiliency with efficiency
An NYT Op: De-globalization is good news! The world is now more worried about labor and enviro standards, consumer protection, and inequality
A WSJ Op: Well expect things to be more expensive then. It’s also why inflation is so bad
And a Medium writer points out that globalization helped many countries out of extreme poverty. If deglobalization goes too far, developed nations need to step in