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3min chapter
JPMorgan's Obituary for Globalization
What Goes Up
The Importance of Infrastructure Investment in the United States
The U.S. government is affirmatively putting a thumb on the scale in favor of certain areas for increased capital investment, he says. Areas like Phoenix and Columbus are not thought of as principal components of global trade flows but should that continue to develop? "We write these papers with a bit of a speculative bent because we want to try and get ahead of these trends"
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