"Shallow And Delayed" -- European De-Industrialization -- February 1, 2023

Yahoo!Finance morning brief: "shallow and delayed."

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European De-Industrialization

Themes: link here. 

European de-industrialization:

• October 9, 2022 -- where this theme will be followed. 

We started talking about European de-industrialization last year (2022). The story is now being picked up by edgier sites and will eventually become a mainstream media business story. 

Biden got the message, signing off on two huge MAGA bills:

• "the chip act"
• "IRA" -- the inflation reduction act -- in fact, an end to the globalization movement that was begun under the Bill Clinton administration

The US has three advantages:

• an entrepreneurial spirit
• unlimited, inexpensive, accessible, multiple sources of energy
• relative to rest of world: population growing; young, smart workers

Now, this, today, link here: