🇲🇽 De Asia para México: Atraídos por el #nearshoring en 2022, inversionistas de China, Taiwán, Japón y Corea del Sur sacaron 44 fábricas para traerlas a ciudades de México. https://t.co/Y7r5jTK19C
Over the past few years, every aspect of life has been trapped in a constant state of flux...thanks COVID. Unfortunately, the economy's lack of stability forced inflation to skyrocket to 9%. The effect was devastating.
My Latest: https://t.co/6Oct3TLoT0
Many talk "as if decoupling, deglobalization, industrial policy, friend-shoring, “Buy American”, reshoring, and every other alternative to the trade patterns of the 2000s and 2010s are all one and the same. They are not one and the same"
@PeterZeihan So are your forecasts for California negative like they are for China or does the stronger demographic profile of the USA as a whole insulate states that are in a weaker position?
Mexico's industrial park occupancy is on a roll as global firms rush to set up their supply chains in Latin America's second-largest economy https://t.co/cMUzCBZmQJ
Globalization (as we knew it) is being reshaped. Intensifying great power competition between the US & China paired with war in Europe are driving this trend. Decoupling, friendshoring, nearshoring, export controls, sanctions. These are signs of the times. 3/
After the spy balloon, what next for Sino-American relations? On “Checks and Balance”:
🎧 @RepLaHood on how Congress will deal with China
🎧 When a plane rather than a balloon caused a crisis
🎧 @DSORennie with the view from Beijing https://t.co/GNIVTERSuZ
@McKinsey_MGI Hopefully we achieve a happy medium as economy becomes more intertwined with geopolitics — one where trade is robust and value-added, but countries are more selective about which industries they outsource.
@psiphi_gavagai@PeterZeihan Ultimately with enough focus on this issue the economics/innovation are likely to improve…doubt you’d ever get population to meaningfully consume less unfortunately
I'm curious when EU will realize reshoring by US isnt a trade/protectionism ploy, but an actual US security concern that will trump absolutely all trade concerns.
EU wont be a "friend" under US reshoring rules unless it realizes it cant continue "business as usual" with China
@ektrit It will depend on the sector…capital-intensive, high-value strategic, and critical industries will all be candidates for reshoring if the costs can be managed