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Zeke - It's great to get a different perspective of why globalization won't end as the news has been flooded with the opposite. When I read #1 that globalization isn't as pervasive as people think, I worried that the current environment has undone the little progress we made but the last point about companies distributing their global capabilities still off-shore and investing in non-cost related benefits helped me understand that can keep progressing globalization in the long run. But I then focused on the trade drop during financial crisis and the bounce back to 2011. We were never able to push that trade % past that peak of 2011. Can you offer some insights on why?

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