JPMorgan's Obituary for Globalization
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The De-Globalization Trend and the Lifeboat Economy
The title of the report we're talking about is the lifeboat economy. And I think the idea that you have sort of sailed off from this larger ship that was carrying everyone, you are now in a smaller space thinking more about self-preservation. To the second part of your question, what were some of these trends? So when we think about the nature of de-globalization, trade had been to some extent, in decline for a while.
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