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Friday, 7 October 2016

Globalisation Under Attack; US Rust Belt Anger

BBC Report, Mark Broad - Free trade and globalisation seem to be under siege from a broad and loud range of opponents.

Simon Nixon, Wall Street Journal - Risk of Deglobalization Hangs Over World Economy - "The risk now is that politics, economics and finance are combining in a way that threatens to throw globalization in reverse, hanging a sword of Damocles over the world economy. Years of sluggish growth, stagnant wages and rising inequality are fueling a growing political backlash against what some say is unfair competition from foreign firms and foreign workers across developed countries, most clearly in the U.S. election campaign and in the Brexit vote".

Trump strikes a chord with Springsteen’s USA, BEN MACINTYRE, The Times

See also, Hillbilly Elegy: A Memoir, J.D. Vance (sample)

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