Typically, the Minsky Long Cycle ends with Trade retreating until it reaches global scale, while present-day “Trade War Warriors” such as Trump, Le Pen, Farage and other isolationists begin winning elections worldwide. Hence why, in my view, we’ll see the collapse of our current Globalization economic model over 2016 and 2017.
Yet, as per the essay linked above, the crash is bad for the “predator,” but good for “the prey” …Over the long-term.
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