What I find particularly interesting is the government response, or general lack thereof, towards offshoring. The longterm impact on a domestic economy is that in order to facilitate cheaper purchases, you must pay for this through a more extensive welfare system, the needs of which are generated by continually favouring overseas labour over one's domestic workforce. Great for the short-term in lowering product prices to customers or, more realistically, widening the profit margin on sales, but it does throw-up bigger issues eventually.
However, as no government is interested in "nationhood" anymore, longterm domestic economic performance has taken a back seat in deference to attending the "global" agenda. And where, I do wonder, will that take us?