Discover and read the best of Twitter Threads about #deglobalization
Most recents (4)
Here's what happened in #deglobalization this week (0/10):
Senator @ChrisCoons: "The intersection of the Chips and Science Act, the infrastructure bill, and the Inflation Reduction Act is driving a dramatic reshoring or onshoring of advanced manufacturing in the United States.” (1/10)
coons.senate.gov/news/press-rel…
coons.senate.gov/news/press-rel…
.@LeviStraussCo CEO Chip Bergh pointed to the value of moving production close to the US: “The closer our supply chain is to the market, the more agile we can be and the more responsive we can be.”
(2/10)
yahoo.com/lifestyle/levi…
(2/10)
yahoo.com/lifestyle/levi…
#NorthStream2 #Nordstream #UkraineRussiaWar #deglobalization #Germany
"Chronicles of the EU's death.
Carthage must be destroyed.
The real US objectives in Ukraine are the destruction of Europe and its economic leader: Germany.
Why?
Let's describe the world
1/
"Chronicles of the EU's death.
Carthage must be destroyed.
The real US objectives in Ukraine are the destruction of Europe and its economic leader: Germany.
Why?
Let's describe the world
1/
situation in early 2022 (note that I'm giving not exact figures, but approximate figures do not affect both disposition and conclusions itself):
China. GDP: 16.9 trillion USD. Industrial sector ~30.5% or 5.1 trillion USD. Export economy 15.3% with an
2/
China. GDP: 16.9 trillion USD. Industrial sector ~30.5% or 5.1 trillion USD. Export economy 15.3% with an
2/
export sophistication of 1.35 (easily replaceable, not technologically advanced, but massively price elastic, requiring small producer margins and not expensive labour, as well as agglomeration of producers)
Germany. GDP 4.2 trillion USD. Industrial
3/
Germany. GDP 4.2 trillion USD. Industrial
3/
Today’s #JobsReport revealed an #economy that is producing #jobs at a slower pace than it has over the prior several months.
That said, a historic number of jobs have been created in this recovery since the fall of 2020, so a slowing in the pace of #growth isn’t unexpected.
While there is still considerable uncertainty over the forecast for #inflation, we think both Core #CPI and #PCE inflation peaked in March and February, respectively, and should move appreciably lower by the end of 2022. 
Throughout the pandemic, strong disposable #income and limited services spending fueled consumer #spending on goods and high goods volumes created #bottlenecks and extreme #inflation.
Eventually, excessively easy #MonetaryPolicy caused this robust #inflation to broaden into less disrupted categories.
