Agreed with the author's thesis - - can't have globalization AND democracy and/or sovereignty - - but then the predatory monopolists who practise predatory capitalism have never been interested in any form of democracy! Overall, though, a confusing book: does the author not understand anything about finance, or is he purposely confusing the reader? Obviously increased global capital flows correlate to banking crisis, that's how they increase their fortunes. It's simple arithmetic: the globalists are playing the spread; as they drive down the base country's wages, they expand their markets globally, and when the foreign globalists do the same, complete economic collapse. Joseph Tainter, although not specifying this, so eloquently explains the economic demise of the Roman Empire in a short paper of his on the expenses of problem solving and sustainability.