An interesting piece by Ruchir Sharma (Chief Global
Strategist at Morgan Stanley):
“During and between
the two world wars, the anti-global agenda reduced competition and worsened
weak economic growth with rising inflation. Today, populists are again calling
for protecting domestic industry and sharing wealth, which could have the same
impact.”--
Related:
Why you cannot build the IPhone in America – A Lesson in Modern Global Manufacturing
https://www.technologyreview.com/s/601491/the-all-american-iphone/Why you cannot build the IPhone in America – A Lesson in Modern Global Manufacturing