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March 25, 2012

A World Headed for De-Globalization?

Irwin Stelzer, Weekly Standard

AP Photo

We may be entering an era of creeping de-globalization. It is one thing to be generous with the perceived foibles of your trading partners when your economy is growing and jobs are plentiful. It is quite another to decide to be tolerant when your economy is struggling, and domestic political pressure to create jobs and raise wages is increasing.

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TAGGED: United States, China, India, Japan, Germany, European Union, Brazil, Trade, Eurozone, Rare Earths, EU

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