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Float the idea that borders could soon be a thing of the past and that markets under price this risk, and you may find yourself being laughed out of the room.
But seriously. We do think this is a thing now. More so, it's a thing that needs the attention of markets.
We're not alluding to the idealistic visions of hippies, John Lennon or Henry Kissinger. What we're on about is the potentially disruptive effect of technology (here today) on the relevance of nation states, especially when those states are defined by borders more than they are by cohesive cultural ties.
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Scooped by jean lievens |
Scoop.it!
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