Unravel Outlook 2020: global supply chains will unravel. Trade wars, tariffs, Brexit & new populist governments will unwind world manufacturing & service links. Those connections had increased cooperation & lowered costs through economies of scale. Breaking up is hard to do, will slow innovation & raise costs for consumers. Unhappy bunny Guessed the Word? …
Tag: trade war
Split World economy milestone splits: 1494, 1945, 2019? 1494 Treaty of Tordesillas red vertical line divided the “New World” between Spain & Portugal. 1945 Iron Curtain divided Europe between the West & the Soviet bloc. 2019 US & China tariff war splits the world economy into 2, forcing trading partners to choose 1 or the…