that’s fascinating I forecast trump’s deglobalisation would have...

that’s fascinating

I forecast trump’s deglobalisation would have these kind of effects. For 40yrs all currency pairs and supply roles were increasingly harmonised - input suppliers to China China to US

China manufacturer buyers would get part x from Thailand, part y from vietnam

now instead it’s say Vietnam ordering. Which changes all the gdp and currency relationships

currencies are the biggest variable in how trade flows between countries

By unhooking many of those harmonised pairs global trade’s muscle fibres became busted spaghetti

the world coming back toward normal at same time is an X factor stress event - max lift for reknitting trade muscles

commods were going to fire regardless. But supply chains is very idiosyncratic to the end of peak globalisation