This afternoon friends and I will enjoy a long lunch and shopping in Mexico.
During our trip from Arizona, we'll also have dental work done. The price is about less than a third of what we would have paid north of the border. Even with dental insurance, what's required "at our age" for dental hygiene can be an authentic financial shock. For example, I will likely need implants.
This is my first experience with dental tourism. If I like the results and Donald Trump is elected, I wonder if he will do anything about how we are outsourcing this service? Will a surcharge be put on dental procedures done outside America?
Yesterday at New York Stern Business School, GE's head Jeff Immelt spoke about the end of globalization and the emerging of Do Local. Here you can read his speech and coverage of the event in Fortune.
The world is changing. The mental models for viewing economic activity will probably shift significantly if nations keep embracing protectionism.