Protectionism

The German chancellor has come up with something that is fast turning out to be the voice heard across Europe. Too fast at polarizing, guys. Alas! the world is at some crossroads which I wish did not happen during my lifetime. At one end, in the last 30 years or so, the world (read developed countries) opened up to globalization as it gave the cost savings they needed. Developing countries provided the resources, natural and human. Economies of the developed countries soared and led to the false sense of security. Slowly and steadily, their citizens kept losing their next door companies and jobs. Internal simmerings have started now which is leading to the current protectionist behaviour. Alas, you do not have a rewind button, guys. You just cannot U-turn back now.