Globalization, End of the Beginning or Beginning of the End ?

While global GDP growth continues unabated and inflation remains low, signs are emerging that the world economy may be headed toward a rough patch. As Éloi Laurent argues, this is because turbulences encountered by the United States and China — particularly income inequality and protectionist sentiment — are increasingly having global repercussions. Summer has not been kind to globalization. While there are no signs of a crash, doubts are increasing that the forward motion is perpetual. Trade talks could resume and by miracle finally lead to a deal. Even more unlikely, financial markets and central banks could manage to reassess risks and set prices accordingly in a sustainable manner. And yet globalization would still be in jeopardy.http://www.theglobalist.co