Jim Bianco on "The Biggest Economic Event of Our Lifetime" & The End of the 40-Year Bond Bull Market | #508
The Meb Faber Show - Better Investing
Globalization's Retreat and the Shift to Reshoring
Concerns about an impending recession persist among experts, with predictions suggesting it may arrive within six months. Globalization appears to have peaked, particularly following the financial crisis of 2008, and recent events have accelerated a shift towards 'friend-shoring' and reshoring. Companies like Google and Apple are taking action to adjust their supply chains, with Google planning to assemble its Pixel phone in India and Apple considering similar moves to diversify away from reliance on China. This trend indicates a broader reevaluation of global supply chains with an emphasis on regional partnerships and domestic production.
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