GE CEO Says Trade Deals Aren't Needed to Be Effective

The transcript discusses the evolution of globalization, highlighting the shift from traditional trade deals to a more localized approach. It emphasizes the importance of global markets and the role of technology in job displacement. The speaker reflects on the challenges and opportunities in navigating a multi-local world, stressing the need for businesses to adapt to changing global dynamics. The discussion also touches on the impact of financial crises and the breakdown of multilateral organizations, while advocating for continued global growth despite the absence of traditional support mechanisms like the EXIM bank.

What are the key factors that have influenced the changes in globalization according to the speaker?

How has the approach to global markets changed since the 1980s as described in the text?

What role does technology play in job loss compared to globalization according to the speaker?

What is the speaker's perspective on the future of globalization and its impact on business?

In what ways does the speaker believe globalization can be beneficial for businesses?