The economy was globalized in 1910, and was deglobalized in two huge steps, once in 1914-1918, and then finally and for sure in 1929-1931. This new era of globalization was a repeat of that time. It's possible we are at the beginning of a new era of deglobalization again. Whether we're in for a repeat of either 1914-1918 or 1929-1931, or of the entire goat f*ck that was 1914-1945, well, I don't know and neither does anyone else, of course. Also, that era proves that while technological progress may be exponential, human progress is a bit slower.
with EU slowly falling apart in front of our eyes I can't help thinking that WW3 will be the logical conclusion of the global financial mess. Shortie Nostradamus out p.s. bringing this thread from the dead in a desperate attempt to save us