Tuesday, April 11, 2023

For Thoughtful People – Daily

I’ve been thinking a lot recently about globalization. Globalization is China as a manufacturing center of the world and the United States as a leading global consumer. Indeed the United States borrows currently about $1 trillion from the Chinese to enable them to spend the money consuming the goods.

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Terrance Powerhttps://terrypowerstrategy.com
Terrance Power is a Wharton Fellow and professor of strategic and international studies with the Faculty of Management at Royal Roads University in Victoria. This article was published in the Business Edge. Power can be reached at tpower@ancoragepublications.ca


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