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JPMorgan's Obituary for Globalization

What Goes Up

CHAPTER

The Politics of Globalization

In the United States, I think politically, de-globalization is a relatively popular concept. Supporting domestic manufacturing even if it's to some extent grandstanding can be very popular. One of the manifestations of that really brings the politics into the real world is an increase in industrial policy. There were many winners and losers in globalization; there will be the same impact as it fades or diminishes.

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