Despite rhetoric about deglobalization, absolute trade flows have remained resilient or increased—global trade recovered past pre-pandemic levels by 2021, trade between the US and China set a new record in 2022, and oil and gas markets adjusted to Russia's invasion, suggesting data shows globalization's resilience rather than its downfall.

factualpending

Speaker

Roger

Evidence Quote

when you look at the data it looks like the story of the last few years isn't one of globalization's downfall but globalization's resilience... the dollar value of trade between the U.S and China set a new record last year [29:10]

Source

How Martin Wolf Understands This Global Economic MomentThe Ezra Klein Show
Created: 8/12/2026, 6:24:34 PM

My Notes

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