
Nouriel Roubini - Megathreats That Imperil the World's Future
How To Academy Podcast
00:00
The Backlash Against Globalization
The backlash against globalization is because initially it was working class blue collars in advanced economies. Buying goods and services from countries that are your strategic rivals becomes risky, he says. Instead of talk about offshoring, manufacturing to China and so on, let's talk about reshoring or French-shoring,. Billions of devices that can seamlessly work together with the Internet of Things will be able to do a lot of jobs for people who don't have them now. The world may end up actually in hotwars due to revisionist powers such as China, Russia, Iran, North Korea but increasingly also Pakistan.
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