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Sept. 4, 2025
Dumb globalization: America’s worst bet. That, at least, is the view of the Washington Post financial writer David J Lynch and author of The World’s Worst Bet . From Clinton to Bush, Lynch argues, America has bet stupidly on globalization and, not surprisingly, has lost. It’s no coincidence, he suggests, that the American dream has also unraveled in this tumultuous period. While globalization lifted billions from poverty worldwide and enriched coastal elites, Lynch contends that America's failur...