We will know in the future how to name it. The globalization era ended yesterday. The USA introduced all including tariffs for most of it foreign trade - Canada, China, and Mexico.
In
reality the globalization era should be named "empathic" feudalism era.
"Emphatic" since we pretended to do everything good for all struggling
people on the face of the Earth. We pretended to do everything to make
the Chinese rich and democratic. It didn't happen. We pretended to care
about Chinese, Blacks, immigrants and other, smaller, groups. We just
exploited them in reality. Exploiting cheap labor we created a class of
today's kings and princes living in gated communities, full of fake
empathy. Our own middle class and poor were left in dust. Men were left
without decent jobs. Women were left without decent, earning good
living, men and, as a result, without children.
Starting from today tariffs are unavoidable anywhere. So they are forcing those shiny new kings and princes to share their bounty with us. Tariffs will go into our government coffers. We are getting from there Social Security and Medicare. Some jobs will return back to the West. Immigrants will be kept from flooding the system. Our salaries will increase. Our families will recover. Let's celebrate a new era.
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