Russia-Ukraine War sets back globalization efforts 30 years...

[Missourian]

... perhaps reversing it's expansion permanently.

"Market giants Larry Fink and Howard Marks say the Ukraine conflict will end globalization.

<snip>

Globalization has shaped the world for the last 30 years, but it's now coming to an end. That's the view of two of the world's best-known investors, BlackRock chief Larry Fink and Oaktree chair Howard Marks.

"The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades," Fink wrote in his latest letter to shareholders last week.

A day earlier, Marks had shared a similar sentiment in one of his well-read memos. He said the war had made companies and governments realize how they'd become reliant on others.
"The recognition of these negative aspects of globalization has now caused the pendulum to swing back toward local sourcing," he said."

Market giants Larry Fink and Howard Marks say the Ukraine conflict will end globalization. Here are 3 key takeaways for investors.

The end of globalization would have dramatic consequences, not least for investors, who have become used to a highly integrated world.

markets.businessinsider.com

_____________________________________

IMO...local sourcing will, in the long run, we much better for the United States, North America, and the environment.

What say you?

 

[Grumblenuts]

All hammer canes should be sourced locally.

 

[Moonglow]

here is a conservative globalist who refuses to leave Russia or produce locally.

Koch Industries staying in Russia, says leaving would 'do ...​

https://nypost.com › 2022/03/17 › koch-industries-stayi...



Mar 17, 2022 — Trump: Koch brothers are 'a total joke'. Koch Industries COO Dave Robertson defended the firm's decision in a lengthy statement – arguing Russia .

 

[Meister]

... perhaps reversing it's expansion permanently.

"Market giants Larry Fink and Howard Marks say the Ukraine conflict will end globalization.

<snip>

Globalization has shaped the world for the last 30 years, but it's now coming to an end. That's the view of two of the world's best-known investors, BlackRock chief Larry Fink and Oaktree chair Howard Marks.

"The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades," Fink wrote in his latest letter to shareholders last week.

A day earlier, Marks had shared a similar sentiment in one of his well-read memos. He said the war had made companies and governments realize how they'd become reliant on others.
"The recognition of these negative aspects of globalization has now caused the pendulum to swing back toward local sourcing," he said."

Market giants Larry Fink and Howard Marks say the Ukraine conflict will end globalization. Here are 3 key takeaways for investors.

The end of globalization would have dramatic consequences, not least for investors, who have become used to a highly integrated world.

markets.businessinsider.com

_____________________________________

IMO...local sourcing will, in the long run, we much better for the United States, North America, and the environment.

What say you?

Well, hopefully that will be a silver lining.

 

[Donald H]

There's no reason why globalization wouldn't continue, but the globe divided into two different interest groups.

The West
and
The opposing alliance.

With the opposing alliance the effect will be much more positive as the world's poorer nations will be elevated up out of poverty as the effect, while the richer of that alliance will be minimally effected. They have no extraordinarily wealthy billionaires to uphold and protect. And the Chinese people will benefit more as the wealth flows in from free and fair trade, to benefit all their people.

It could be said that globalization is custom made for countries such as China. Americans may have to settle with quite a bit less than $15 an hour.

One may ask, why would America's government support globalization?

For America's big corporations, the answer is obvious!

 

[Rogue AI]

here is a conservative globalist who refuses to leave Russia or produce locally.

Koch Industries staying in Russia, says leaving would 'do ...​

https://nypost.com › 2022/03/17 › koch-industries-stayi...



Mar 17, 2022 — Trump: Koch brothers are 'a total joke'. Koch Industries COO Dave Robertson defended the firm's decision in a lengthy statement – arguing Russia .

Pfizer is staying too, you got something to say about that?

 

[Missourian]

I think it is inevitable that America retreats economically from China after the current conflict.

They'll have to sink of swim without the United States fueling their economic engine.

 

[Ghost1776]

The NWO is shaping it the very thing that most leftist degenerates denied existed. Just like this bs who the hell does this bs, how mental do ppl have to be.

Zurich Insurance Group Drops Letter ‘Z’ Over Fears of Russian Connection​