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 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.

Om Podcasten

Join us on the journey towards financial independence and being unconstrained. Your host, Myles Wakeham, explores the art of financial sustainability and individual sovereignty resulting in a debt free lifestyle. If you want to be challenged by a contrarian, think outside the box and go against the grain, this show is for you. Myles has spent his life doing the polar opposite of the "social mantra" in multiple countries and this has resulted in extraordinary results. Open your mind to thinking different, and getting MUCH better results for your finance, freedom and family.