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Their conclusion: “We’re going to see a lot of risk aversion. We’ll be more inward-looking, self-sufficient in medical supplies, self-sufficient in food. If yo
by blendo 6y ago
Their conclusion:
“We’re going to see a lot of risk aversion. We’ll be more inward-looking, self-sufficient in medical supplies, self-sufficient in food. If you look at some of the legacies of the big crises, those have all seen fixed investment ratchet down and often stay down.”
So, more localization, less globalization?
- pmiller2 6y agoThat sounds an awful lot like the attitude of someone who lived through the Great Depression. So much for this time being different.