Page 43 - Globalization News Today

A look at the voting behaviour of those who belong to two different countries at once – migrants.

The conventional wisdom about globalization is wrong. When companies, money, people, and ideas went abroad more often than not they went regional.The Globalization Myth details the rise of three main…

And now are pretty red and they feel like theyve been left behind by democrats, their voices werent heard, globalization, ended up hurting them and when you went there, according to the "politico" reporter who was following you around, there were a lot of folks who werent really excited that you were there, they thought what is this congressman, lawmaker, from northern california doing here, talking, this is a tech person, why is he over here in manufacturing? talk to me about what you told them...

About it in your book, come from lessons learned in globalization. what do you think some of the biggest ones are? >> there was this assumption for the last 40 years that money, good, people were going to be able to travel wherever they wanted most freely and land where its productive. it created global growth and also incountry economy. this is true in many countries. so i think a lot of people felt gosh the global economy has gotten so far ahead of national politics and are our kmes you can --...

Children. thats what this new localism is about. and i talk about ways its playing out in agriculture, retail and technology. >> how do you see that playing out? how much of a shift needs to happen from globalization to a more localized economy? >> its happening in lots of different ways. the technological shifts that are happening that are incredible. one of the things i look at is 3d printing. this idea you can make parts, you can spray paint parts, things as big as a car or house even ive see...

About the trajectory of a great power war. but shes right in one sense, the west is collectively waging economic war on russia on a scale that would have been unimaginable just a year ago. the consequences of that are likely to be with us for decades. this new cold war marks the end of the era of globalization and integration that has shaped the international system since 1989. were now living in a new world of great power competition, economic nationalism, and technological decoupling. the risk...

Misbehaved, it was the chinese and russians they can hurt. now when the leaders of china and russia go off the rails, it affects the whole world. it touches all of us. and theres no question that xi is taking china in a very bad direction. so i understand where this is coming from entirely. that said, though, i dont know how china is going to react. china, fareed, controls over 80% of all the worlds rare earths that go into your electric car batteries. are they now going to go tit for tat on tha...

Because the number was not just high, but it was surprisingly high, over 8%. >> yeah, the thing that really stood out for me was housing within that. really huge housing bubble in this country. again, housing is the epicenter of all the easy money being pushed into the system. you have bubbles and the pandemic. people work from home. you have bubbles in places that weve never had them. add in higher interest rates, and the cost of a mortgage on an average home is up about 50% year on year. so th...

But first heres my take. a distinguished russia expert has argued that the wests confrontation with russia over ukraine has already brought us into world war iii. that is dangerous hyperbole. what made the first two world wars so devastating is the major powers of the day got into direct and protracted military conflict with one another. we are not in that kind of battle today, and with nuclear weapons, one shutters to think about the trajectory of a great power war. but shes right in one sense,...

Now when the leaders of china and russia go off the rails, it affects the whole world. it touches all of us. and theres no question that xi is taking china in a very bad direction. so i understand where this is coming from entirely. that said, though, i dont know how china is going to react. china, fareed, controls over 80% of all the worlds rare earths that go into your electric car batteries. are they now going to go tit for tat on that? i dont know. but once we get into this whole thing, we u...