The end of (economic) globalization is happening, in truth, due to its cause pre-defined by Henry Kissinger. Secretary of State for Nixon and Gerald Ford and advisor to many other US governments, he implemented the economic globalization that we know as an implicit means (soft power) to overcome the Soviet threat at the time, with his final move being the financing of private initiatives. and local Chinese public bodies to encourage free trade in their local markets, to the point of stimulating popular revolts to organically overthrow the dictatorial regime of the Chinese Communist Party at the time.
This encouraged the outsourcing of major products consumed around the world to be produced by the Asian Tigers, especially in Tawian, Hong Kong and China.
It turns out that the PCC was ahead of this tactic and after the death of Mao Tse Tong, the PCC recognized the practice of the internal free market, but concentrated on state power, centralized in the Chinese Central Bank, in which with the bargain that the majority of consumed products in the world depended on Chinese industrialization, it forced partnerships around the world to recognize the Yuan as a strong currency to the point that it could be produced without backing limits, generating fortunes overnight in their own state-owned companies, creating large cities, railway networks and cutting-edge industries from the most varied segments, including warfare.
This has made China the great power it is today and, having conquered Hong Kong and currently surrounding Taiwan's domains, it aims to completely dominate the consumption of its products throughout the globalized world ("Made In China 2025" initiative) and, to both and aiming to extend the centralized dynamics of state control of its initiatives, develop chains and multimodal logistical means of its own to have control over its supplies ("One Belt One Road"), including the purchase of national sovereignties of Islamic Africa and other countries of the BRICs, rivaling the G20, the other Western blocs and NATO itself, in terms of war.
THE ONLY POSSIBLE RESPONSE to this SHOT IN THE FOOT by Henry Kissinger was the IMMINENT END of the GLOBALIZATION of global free trade, with the RETURN of STIMULUS to PROTECTIONISM of LOCAL and NATIONAL INTERNATIONAL BLOCKS, just as in the late 1890s... 🤷♂️
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