Sinking Globalization

Over the past ~2 years, I have read several articles and books by Niall Ferguson, and while typically I sing hosannas to his brilliance, at times he can be a blithering idiot. (Well, perhaps not that bad but you know what I mean.) This essay, however, simply astounds the reader for its clarity of thesis, the cogency of its thoughts, and the timeliness of its insights. In brief, pretty phenomenal.

Of course (and as always), I am interested in your comments...