Not Good News

[Kathianne]

Just heading off to work, skimmed this. Hope it's not as bad as my first impression:

https://hotair.com/tree-hugging-sister/2022/12/06/sinking-ship-u-s-manufacturing-orders-from-china-collapse-n515898

[BoogyMan]

I think we have all pretty much expected these chickens coming home to roost. How ugly this gets is yet to be seen.

[fj1200]

Bad news for China. Less so for the US methinks. I think the trend to onshoring to the US will continue.

https://www.forbes.com/sites/forbesbusinesscouncil/2021/02/09/seven-reasons-why-us-manufacturing-is-on-the-rise/?sh=50e1baed5c0e

https://www.mckinsey.com/capabilities/operations/our-insights/delivering-the-us-manufacturing-renaissance

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