90s Globalization (China Shock): “Standard economic theory held that the people and places hit by those losses should have adapted relatively quickly.”

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https://www.nytimes.com/2025/04/11/business/economy/tariffs-trump-china-shock.html

THIS! One of my pet theories is that 1990-2020 globalization and IT exceeded a speed limit — a limit on how quickly a socioeconomic system can adapt.

And our society crashed and burned.