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Jul 12, 2019

Globalization, shmobilization. Try “slowbalisation.”

Why are bond interest rates going up as we await greater cuts? The Fed chair is skeptical about Facebook’s cryptocurrency going to market so soon. Shorter global supply chains are giving way to “slowbalisation.”

A Uigur picks cotton in a field on September 10, 2007 in Xinhe County of Xinjiang Uygur Autonomous Region, China. Xinjiang's cotton production accounts for over 30 percent of the country's total output.
A Uigur picks cotton in a field on September 10, 2007 in Xinhe County of Xinjiang Uygur Autonomous Region, China. Xinjiang's cotton production accounts for over 30 percent of the country's total output.
China Photos/Getty Images

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Change in supply chains giving way to "slowbalisation" - Marketplace