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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
ChrisMayLA6@zirk.us ("Emeritus Prof Christopher May") wrote:
I think one thing we might conclude from Liberation Day & other of Trump's economic 'policies' is that this may well accelerate a massive reorientation of the global economy.
A structural shift that in other circumstance may have taken decades may end up taking more like three or four years, including:
the coalescence into a multipolar world of large trading blocs (Africa, Asia, Europe);
the emergence of a new preferred reserve currency;
a move to regional/localised supply chains