Is "Regionalization" Good or Bad?

In this week’s episode of the Plutonomix Podcast, Laurie was out of town so, on his own, Barnaby discusses the shifting sands of globalization and its implications for economies and businesses worldwide. As he navigates the complexities of supply chain disruptions and the revival of domestic manufacturing, he offers listeners a nuanced perspective on the ongoing transformation to more regionalized strategies. From Boeing's cautionary tale to BlackRock CEO Larry Fink's commentary on the Ukraine crisis, the episode weaves together various threads that portray a future in which things may simply have come full circle. 

 

TIMESTAMPS

(01:00) Is Globalization Dead?

(01:58) The Pendulum has Swung, driving the Need to Reassess

(03:00) The Lessons of Boeing: You're only as Strong as your Weakest Link

(05:10) Vertical Integration versus "Just in Time"

(06:50) Coming Full Circle: Reshaping "Globalization"  

(07:45) The Unintended Consequences of California's Minimum Wage Hike

(09:55) Finding the Balance

 

RESOURCES

• What I Think I Know by Barnaby Levin
• The Illusion of Knowledge by Howard Marks
• Closing Technique of the Week: The Ben Franklin Close
• CNBC: The Fed has not made a compelling case for taming inflation by crushing demand, says Judy Shelton
• Stanley Druckenmiller says he'd be 'stunned' if a recession doesn't happen in 2023
• Contact Barnaby
• Contact Laurie