Tuesday, August 29, 2023

Reindustrialization

As the new world (without globalization) arrives it will bring with it a vast immigration from those countries who are the losers. The countries that cannot feed themselves and rely on imports will suffer the most. It will no longer be inexpensive to travel to a new country so most will be stuck at home. Only the well to do or people with high tech skills will be able to choose their new home and many of these will come to the US from Asia. The US must adjust its immigration rules to accept these people. Lesser educated workers can come from nearby Mexico. While many countries will be deindustrializing because of import export problems the United States will be re-industrializing mostly because of shale oil and gas. The US will be the envy of the world because of cheap energy and lots of it along with a healthy labor force composed of young consumers and of course technology.

No comments:

Post a Comment