Chapter
The Economic Effects of De-Globalization
32:41 - 36:30 (03:49)
De-globalization will lead to sustained growth with higher interest rates, higher inflation, and higher input costs. Consequently, building redundancy and losing key trade partners will have massive economic implications in the longer range.
Clips
De-globalization can lead to higher interest rates, inflation and input costs.
32:41 - 36:30 (03:49)
De-Globalization
Summary
De-globalization can lead to higher interest rates, inflation and input costs. As countries stop trading with each other and build redundancy, there will be a significant longer range economic effect.