While reading your comment I had this weird sense of Deja Vu - I've been reading a book about the problems brought on by globalized trade, and there's a surprising number of parallels. Local companies shuttering. Transfer pricing. Tax havens. Moral hazards when company owners live across the globe from customers and employees. Shell companies and fraud. Connecting the world globally in communications and trade has created enormous new opportunities - both good and bad. But we're only now starting to understand the enormity of the latter, and we're pretty much still at square one when it comes to dealing with these new global problems.