The World Is Upside Down

by Dave

Upside down world

via NYTimes.com
Globalization is now a two-way street; in fact it’s an Indian street with traffic weaving in all directions.

“In an inverted world, not only have developing economies become dominant forces in global exports in the space of a few years, but their companies are becoming major players in the global economy, challenging the incumbents that dominated the international scene in the 20th century,” said Claudio Frischtak, a Brazilian economist and consultant.

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