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A ‘Great Reset’ Is Shifting How The World Trades
Big Take
The Unintended Consequences of the Great Reset
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Even as India does seek to be the next China, ironically, that's boosting, not reducing its reliance on shipments from China. We're trying to tackle this big inflation shock, and many of these measures are only going to make the goods that we buy more expensive. There's the misallocation of resources as governments try to pick winners. The technology is such now that you don't need a thousand people in a factory to make a car anymore. You need some robots and a few hundred.
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