EP158 - De-Globalization

Since the 1990s, when China entered the World Trade Organization, there has been a euphoric move towards outsourcing to cheaper countries for manufacture and labor services. Although this br

Episode 158 of the The Bubba Show podcast, hosted by Myles Wakeham, titled "EP158 - De-Globalization" was published on September 10, 2022 and runs 55 minutes.

September 10, 2022 ·55m · The Bubba Show

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Episode Description

Since the 1990s, when China entered the World Trade Organization, there has been a euphoric move towards outsourcing to cheaper countries for manufacture and labor services. Although this brings down pricing, and helps curb inflation rise, it means the emerging market countries benefit while the client countries reduce expenses, but adjust their labor force accordingly. In this episode I want to explore the current and future trends of de-globalization, when countries retreat to their own borders and what both causes this, and what impact it has for all of us going forward.

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