Wit Wisdom and Whoop

Over time the world had become connected wider, deeper and in cases like China, almost embryonic. Every board room resonated with the words – global, exports, low cost, outsourcing, and rarely would you find a board room that encouraged suggestions that seemed inward looking This was not true for advanced economies like USA, Europe but equally for economies like China, India, Vietnam, Australia. If you did not talk of imports, you talked of low cost and that meant exports. Rich or poor, developed or developing every country and its board rooms reverberated with the desire to join the global club and create the global village. This had a huge perceived benefit. It spread risk so wide and thin that everybody was confident of weathering any storm that may come because storms hit only some places. Any tragedy was an opportunity because in every event there was someone standing outside looking in. Even the 2008 subprime crisis however much called global, still left many untouched. 2020 chan...