Even our domestic economy deck of cards is being shuffled. Many people that lost jobs to Covid started doing other things to make money. Lately I’m hearing people that don’t want to be forced into vaccination are finding other jobs.
This loss of workers I heard is creating opportunities for importing more immigrants to fill positions.
On top of all that? There are problems with the old vulnerable stupid supply chain habits that developed, making China get wealthy to build up their military so they can play Army with the USA did we did with USSR until they ran out of money first and they imploded.
like WW II, was a shuffling of the deck. Bomb and destroy established business lives and property to create millions of new opportunities.
Globalization was another bad idea for long term just like sub prime liar loans turned out bad later on. Globalization gradually destroyed the massive well off USA middle class after 1970 to 2008 crises the blow off end of a trend.
I called it in 2008, Globalization culminated with too many poor Americans that didn’t have any savings accounts for 20% down payment home loans. And the old three year new car loan of 1970? Evolved to a six year car loan to accommodate lower incomes. It also caused leasing cars. You pay off half the car and then give it back?