3min chapter

Odd Lots cover image

Zoltan Pozsar and Perry Mehrling On The Historic Crisis Of Financial Market Plumbing

Odd Lots

CHAPTER

Is There a Challenge to Globalization?

Zoltan: I don't see a move to a multi currency system. Zoltan's story about breaking up the global global system into individual nation states. He hopes that doesn't go too far because there's a lot of productivity gains that come from distribution, division of labor internationally. And it's a big productivity shock to the globe if you break all that down. But hopefully we are going to keep a lot of the good things about globalization in in in place to just kind of recalibrate it.

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