—“Curt Doolittle What is your opinion on the future of the “internationalised” supply chain? Will the jobs problem in the economies that have outsourced production of goods & services compel politicians to be not so enthusiastic about global supply chains or will it be business as usual i.e. outsourcing to low wage jurisdictions?”—Rakesh Sahgal
I think the global system is over as soon as american defense of it is over, because americans and british (mostly british) built it. But international stability is no longer in american or british interests – the opposite.
My policy recommendations are to cut all labor arbitrage in favor of higher prices but local employment. If my policy says that then you can bet there are hundreds of other guys in the wings with more influence in DC with the same ideas.
Source date (UTC): 2020-09-22 22:28:00 UTC
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