Nationalism. I think we'll see less enthusiasm of "free trade" around the world, and more countries "fend for themselves" as the balance of power shifts and cha

Nationalism. I think we'll see less enthusiasm of "free trade" around the world, and more countries "fend for themselves" as the balance of power shifts and changes as it moves away from the West. It'll be up to many factors if this nationalism is peaceful, pragmatic, and without many frills like Mexico's recent push for self-sufficiency in gasoline/agriculture[1][2], France's energy nationalization[3], etc. or radical, discriminatory and even violent, like Trumpism, Brexit, etc. In terms of policy I expect we'll see more tariffs, fewer new free-trade agreements, some countries might roll back on theirs, and we'll see much more government intervention to help national industry compete. Beyond economic policy this will include immigration policy, but it doesn't necessarily mean forbidding immigration. Countries that do it pragmatically will keep using it as a tool to capture value and protect national interests (getting the right workers, strategically capturing investment from some foreigners but maybe not others, etc). Countries that don't will base policy on prejudice. I don't expect free trade to end anytime soon, or for things to get as tense and divided as during the Cold War, but do expect "soft" blocs to be better defined. In terms of the tech industry, I wouldn't expect more "great firewalls" like China's, but perhaps more regulation over data collection and physical location, taxes, and even bans (like Huawei's in the USA, TikTok in India) or forced sales (like what almost happened to TikTok in the USA). [1]: https://mexicobusiness.news/agribusiness/news/mexico-will-achieve-food-self-sufficiency-victor-villalobos https://mexicobusiness.news/agribusiness/news/mexico-will-ac... [2]: https://www.aljazeera.com/economy/2021/12/28/mexico-plans-to-end-oil-exports-in-2023-to-reach-self-sufficiency https://www.aljazeera.com/economy/2021/12/28/mexico-plans-to... [3]: https://www.reuters.com/business/energy/france-announce-details-edf-nationalisation-2022-07-18/ https://www.reuters.com/business/energy/france-announce-deta...