[d44m]

Going by your logic, EU will have to build their own Coca Cola, Pepsi, Facebook, Google, and what not.

And China or India is not going to buy any of your products. Is this how you want it to be?

Globalization predicates that capital and goods are procured from places where they are readily available. It is what the post-WWII world was built on. Global trade may break apart to some extant due to the nationalism resurge, but economies of scale is real and smart businesses will leverage that.

[pnako]

In Europe we have Coca Cola, Pepsi, Facebook and Google without having half of their staff working and living there. This is the traditional way of doing business: we put stuff on big ships and send them in other countries.

You're arguing for migration of people / labor, which is a different thing. And I don't quite see why we need knowledge workers to move in particular places. Asians have done extremely well with semiconductors, for example. We did not need to relocate 200,000 Taiwanese workers in Europe, but we can still buy their chips.