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I've been thinking about this I think it is the end result of globalization. First we could ship stuff overseas, then we could ship jobs overseas, now people ar

I've been thinking about this I think it is the end result of globalization. First we could ship stuff overseas, then we could ship jobs overseas, now people are realizing they can ship their house overseas, and Portugal has a much nicer climate and weather than Shanghai so why not move there. Basically with the advent of the internet and the rise in remote work there's no more reason people really feel tied to a place, so in the most desirable places in the world you are no longer just competing against the people in your state or country, that real estate is now on the global market against 7 billion other people.

spaceman_2020 4y ago
Feels that way too. America’s increasingly tough stance on exports to China are a sign of things to come. I’m not even sure if this Globalization was worth all that much. It’s made some people very wealthy, some people well-off, but its also made lots of people very poor and very angry. I’m okay with living in a world with fewer millionaires but also fewer people sleeping on the streets.
- buscoquadnary 4y ago
  Actually I listened to an interesting talk yesterday by Peter Zeihan, just discovered he has some interesting ideas. One of his theories is that the reason we have globalization isn't economic but it was rather America's attempt to win and keep allies during the cold war. You could participate in a global world trade network and economy (kept safe and maintained by American military might) as long as you were willing to work within the US framework. After the end of the Cold War the original purpose for globalization has disappeared and now we have to figure out what is next. It was an interesting argument that globalization was an American security development not an international economic development.
  - mistrial9 4y ago
    combine that with fossil fuels making transportation too cheap for their real environmental costs; agree
    - moistly 4y ago
      Transoceanic shipping is too cheap by far, and the deferred cost will be exponentially greater when the final bill comes due.
- always2slow 4y ago
  >I’m okay with living in a world with fewer millionaires but also fewer people sleeping on the streets. Did you mean billionaires? Because a million isn't what it used to be...
- colinmhayes 4y ago
  Globalization made every good much, much cheaper. Yes, it made some people rich, and some people lost their job, but everyone benefited from either the cheap goods or better job opportunities.

spaceman_2020 4y ago

Feels that way too. America’s increasingly tough stance on exports to China are a sign of things to come. I’m not even sure if this Globalization was worth all that much. It’s made some people very wealthy, some people well-off, but its also made lots of people very poor and very angry. I’m okay with living in a world with fewer millionaires but also fewer people sleeping on the streets.

buscoquadnary 4y ago
Actually I listened to an interesting talk yesterday by Peter Zeihan, just discovered he has some interesting ideas. One of his theories is that the reason we have globalization isn't economic but it was rather America's attempt to win and keep allies during the cold war. You could participate in a global world trade network and economy (kept safe and maintained by American military might) as long as you were willing to work within the US framework. After the end of the Cold War the original purpose for globalization has disappeared and now we have to figure out what is next. It was an interesting argument that globalization was an American security development not an international economic development.
- mistrial9 4y ago
  combine that with fossil fuels making transportation too cheap for their real environmental costs; agree
  - moistly 4y ago
    Transoceanic shipping is too cheap by far, and the deferred cost will be exponentially greater when the final bill comes due.
always2slow 4y ago
>I’m okay with living in a world with fewer millionaires but also fewer people sleeping on the streets. Did you mean billionaires? Because a million isn't what it used to be...
colinmhayes 4y ago
Globalization made every good much, much cheaper. Yes, it made some people rich, and some people lost their job, but everyone benefited from either the cheap goods or better job opportunities.