It seems there are few trends in the global scene that makes globalization a good bet:
In the long run, there are no good bets against globalization (to put it differently: There are no good investments in a twenty-first century where globalization fails)
Almost every financial bubble has involved nothing more nor less than a serious miscalculation about the true probability of successful globalization.
Financial bubbles and exaggerated stories about globalization are nearly synonymous because the greatest uncertainties about the future of the world have involved questions about the rate and the nature of globalization.
More of this by Peter Thiel at hoover institution’s policy review: [the link]
