There’s a backlash against globalization and it is generally understood to be a fallout of political decisions.

However, the real reasons are long term economic cycles as has happened in the past.
The VICIOUS CYCLE of de-globalization is likely to run its full course – from offshoring to reshoring exacerbated by technology – feeding into a loop of nationalism & insecurity.

#globalization #humanbehaviour #offshoring #onshoring #reshoring #economy #technology