This May Not Be What They Were Originally Anticipating, But A “Reset” Of The Global Economy Is Definitely Here

Citizen Watch Report ^ | Michael

[davikkm]

Over the past few years, there has been a tremendous amount of buzz about an imminent “reset” of the global economy. Well, what we are currently witnessing may not look like what they were anticipating, but a “reset” of the global economy is definitely here. Trillions of dollars were invested to set up the global supply chains that we have today. I have always argued that we should have never allowed ourselves to become so dependent on goods that are made elsewhere, and making more things in this country is a goal that every administration should pursue. Unfortunately, you can’t just reverse decades of investment and construct entirely new supply chains overnight. For example, it costs approximately 10 billion dollars to build a manufacturing facility that makes computer chips, and construction time can run between 3 and 5 years. So anyone that thinks that we can just hit a “reset button” and magically make things better is simply being unrealistic.

We just witnessed the largest tariff increase in our history. Many companies that invested enormous amounts of money into global supply chains that were carefully calculated to give them a competitive advantage have just had their businesses ruined. At the end of last week, I wrote that the global economy “has already been moving in the wrong direction for quite some time, and now a massive amount of fuel is being poured on to that fire”. I do not believe that the global economy is going to be able to handle a shock of this magnitude.

[E. Pluribus Unum]

We were going to have a “Great Reset” one way or the other.

Better to have one triggered by Trump than by the globalist psychopaths.

[FreeReign]

This May Not Be What They Were Originally Anticipating, But A “Reset” Of The Global Economy Is Definitely Here

Ha, yes!

[Openurmind]

Good... It needs to crash. It is the only way to repair our insane global economy based on extending “credit”. Time for a little intervention...

[WeaslesRippedMyFlesh]

they hired a poor shot with iron sights to kill Trump

this is what they wanted to avoid

so they told the next guy to put a scope on the gun

his barrel wasn’t “noticed”, some spoiler didn’t get the memo

[hoosierham]

Onerous inventory and property taxes work against keeping facilities and machinery for possible future use.The JIT philosophy is fragile ,and interruptions can be catastrophic.

[struggle]

>this is what they wanted to avoid

Yeah, and now China and Russia’s economies have been pruned to show them who’s in charge. Should be interesting to see how the BRICS respond.

[KC_Conspirator]

Reality check was coming, as you said, one way or another. Rather do it on adult terms.

[central_va]

Collapsing “supply chains” in foreign countries? No American workers harmed.

[Augie]

The Emperor Trump says what he means then executes.

Paper hands will do what paper hands do.

I see this as a buying opportunity.

[central_va]

catastrophic for whom?

[epluribus_2]

China may not be able to afford payroll and equipment to invade their neighbor, Taiwan without those billions from Walmart, Amazon, and shady vendors (Temu) sales.
Reciprocity, babe. They won’t be begging us for the 0% like Vietnam did, anytime soon since they can’t hijack all of the low end customers.

[gnarledmaw]

“Unrealistic” reminds me of some around here over the years that just dismissed everything that could have helped by calling everything “simplistic”.