Globalism giving way to regionalism in front of our eyes

Eurasia Group ringing opening bell @ NYSE
Image via Wikipedia

i think we are getting ready to see a move from globalism to regionalism in terms of markets.

as governments try to keep jobs in critical indistries closer to home and buying their own stuff first

regional competition vs global competition

The free market principles increasingly popular around the world over the last 40 years are suddenly less so. “We’re seeing the end of a global free market,” says Ian Bremmer president of the political consulting firm, Eurasia Group. “In the west, it’s indefensible to support the free markets publicly,” says the author of the The End of the Free Market.

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