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Globalization is coming undone, and that's a huge red flag
01 June 2022
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London (CNN Business)One of the many buzzwords percolating around Davos this week is "fragmentation," the force economists there warned could have "devastating human consequences."
By "fragmentation," they are referring to a breakdown of the kind of free-wheeling, border-crossing trade and investment that's defined the global economic order over the past three decades. It is a form of deglobalization — rebuilding fences around national or regional fiefdoms.

View more at https://edition.cnn.com/2022/05/24/investing/premarket-stocks-trading/index.html

 

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