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What is the future of global trade? - with Fred Smith and Tim Fitzgerald

You Might Be Right

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You Might Be Right Podcast

One of the reasons for this lack of vision is that people, people who have widespread distrust of institutions and that forces people to away from that. The benefit of getting your T-shirts 20 cents cheaper because they came from somewhere else is a very diffuse benefit compared with the danger of losing your job or something like that. But I would balance that by saying, you know, under an global GDP has increased at a historic rate really since the whole global trade went into the warp speed that it is now. Again, you have to look at the number of people around the world who have been lifted down a poverty again through the effects of this trade.

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