Foreign Affairs (July 11)
“Today, globalization has stalled, and the new vogue for stockpiling strategic commodities and “friend-shoring” supplies will be inflationary. Add in the aging of populations and the possibility that young workers will insist on a flexible approach to work, and the Fed may have to run tighter policy than in the past quarter of a century.”
Tags: Aging, Commodities, Flexible, Friend-shoring, Globalization, Inflationary, Populations, Stalled, Stockpiling, Strategic, Supplies, Work, Young workers
Bloomberg (March 17)
“Even with the dollar’s rally since 2014, U.S. manufacturing is benefiting from the world’s strongest rate of productivity, a flexible labor market, cheap energy and from having a big domestic market.” The lingering belief that it’s radically cheaper to move production to China is a misconception. “Labor costs adjusted for productivity in China are only 4 percent cheaper than in the U.S.”
Tags: China, Dollar, Energy, Flexible, Labor market, Manufacturing, Productivity, Rally, U.S.
Washington Post (April 17)
“Unlike the planners of D-Day or Operation Iraqi Freedom, the Russians organizing the invasion of Ukraine don’t need an immediate victory. They have flexible goals, and they are prepared to adjust their strategy depending on how much resistance they encounter.” In the short term, they are entirely flexible. “In the long term, Russia clearly hopes to annex eastern and southern Ukraine.”
Tags: Annex, D-Day, Flexible, Freedom, Goals, Invasion, Iraqi, Resistance, Russia, Strategy, Ukraine, Victory
