The Washington Post of 20 September 2015 published an editorial article that said : “FEW SUBJECTS arouse more political passion, pro and con, than globalization. Yet as the debate rolls on, the phenomenon itself may be coming to an end: The seemingly limitless expansion of international trade that begin in the 1980s has slowed in recent years and may never recover its former momentum.”
Global trade is slowing as exports of major economies fall, leading to oil prices to slump, thus affecting all the oil exporting countries. Some went to suggest that globalisation may have peaked in 2015.
Is it really? Are the recent trends a reinforcement of these earlier perceptions?
On the same subject, The Financialist of Credit Suisse published an article on the subject, written by Ashley Kindergan and dated 5 October 2015.