Made in the USA

Perhaps we have forgotten about the other wars we are immersed in. Aside from th military conflict, we’re in a technological war regarding AI, and we’re on a trade war, mostly with China, to close the trade deficit and restore manufacturing capacity in the US. It is still too early to confirm the U.S. is back at making things home, but the chart below is encouraging. Installed capacity, has been steadily growing for 5 years now. First to avoid contraction, and since 2022, with positive growth. Since 1979 when Deng Xiaoping came to the US to learn how things worked, China has been making everything for the world. Covid was an eye opener that showed how weak an economy can be in a global shock if it’s not capable of producing basic stuff. The same thing has happened with oil and the strait of Hormuz. Those countries that don’t produce oil, are on the brink of a stop. Globalization is receding, perhaps until a new world order is stablished. Robots wil contribute enormously to regain manufacturing capacity in the U.S. and other countries. That’s how you turn around a Trade deficit. But it will take decades.

Want to know more? You can register for free at Fund@mental.

#iamfundamental #soyfundamental #wealthmanagement #familyoffice #financialadvisor #financialplanning #policymistake #ratecut #stagflation