I'm not sure that this is a great heuristic. Most of the financial instruments that, for example, were at the root of the 2007-9 financial crisis are relatively

I'm not sure that this is a great heuristic. Most of the financial instruments that, for example, were at the root of the 2007-9 financial crisis are relatively easy to explain (you can find innumerable articles providing explanations of what a CDO is that I believe the average person can understand quite easily). > Even though this is a shoot from the hip blog it does point at the fact that while globalization has seemingly made some costs cheaper for wealthy westerners Arguably the largest benefits of globalization has been the global poor and not wealthy westerners. In some cases this has come at the expense of the western middle and working class (who are ~85th percentile globally) in specific sectors, which is why I think it is so contentious in the west.