- Globalization was started by three people: Reagan, Thatcher and Deng. TINA, There Is No Alternative
- Aim of globalization was to counter Japanese dominance in manufacturing and electronic industry, based on End of line
- Setup of the globalization: US being the strongest country in the world acts as consumer and financer, China being the most populous country acts as main manufacturer and producer
- Losers of globalization: South American countries, Japan
- Deglobalization was started by Trump
- Aim of deglobalization was to counter China's emergence and dominance
Saturday, December 10, 2022
Understanding deglobalization by understanding the history of globalization
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