The Seen and the Unseen - hosted by Amit Varma cover image

Ep 323: SVB, Banking and the State of the Economy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The End of Globalization

A certain amount of foreign policy and defense harmonization is required in the club of liberal democracies who will freely trust each other. The United States is very comfortable with the world's greatest company making the machines that make chips being ASML in Holland. What is the de-globalization is the exclusion of Russia and China and potentially many other authoritarian regimes from the main club. I would in fact call it a renewed caution because you saw that caution during the space race.

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