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NOTHING IS PERMANENT EXCEPT CHANGE

https://www.zerohedge.com/geopolitical/panic-behind-scenes-chinas-capital-outflows-are-soaring https://www.zerohedge.com/personal-finance/worst-slump-generation-china-auto-sales-continue-historic-collapse https://www.zerohedge.com/markets/futures-yuan-slide-china-threatens-retaliation-over-us-house-bill-hong-kong https://www.zerohedge.com/markets/shanghai-housing-sales-plunge-86-golden-week

According to Harvard’s Dani Rodrik, the nation-state, democracy, and globalization are mutually irreconcilable: we can have any two, but not all three simultaneously. In fact, there may be a solution to Rodrik’s “trilemma.”  Almost all liberals support globalization and oppose economic nationalism. They ignore the mounting evidence that, in its current form, globalization is dangerously […]