I've used the comparison in the past: globalization has been a process akin to selling vol on the worlds health. Small, pseudo growth at the expense of extreme fragility to shocks. It's an extremely (topdown)/ concave relationship that was bound to unwind at some point. T-5m and counting
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Any topdown system is extremely fragile. It's unnatural. You don't get to hedge nature She imposes her decision making authority on YOU.