Global Community

China is losing manufacturing capacity as American companies return to the USA to build their plants. Electronic chip factories have been located all over the world where required resources are readily available and of course, labor is much cheaper. Along the way, however, outsourcing function and relocating manufacturing has left our nation vulnerable to international upsets in foreign affairs relationships, pandemic displacement of resources, supply chain snafus, and a whole lot more.

Supply chain problems meant long shipping delays and a shortage of goods needed in the economy to produce the goods and services that economy is built on. Interrupt any one piece of this complicated behemoth, and economic disruptions become evident.

Those disruptions cause yet more disruptions and pretty soon we have a mess on our hands. A recession? Maybe. A depression, possible but not probable.

One thing for sure, change is happening fast and furious. This era of change has also spawned a reimagining of industries, manufacturing, careers, technology applications, and a host of other elements. Together, a hurricane of change is underway. That has upset many lives, careers and plans. No, this is not a recession, but a rebuilding.

Look at the new jobs that are being created and filled. Observe the old jobs that are fading away along with their incumbents. New opportunities beckon. Shifting careers is rampant. Along with all of that is a shift in how workers want to be treated and accommodated in corporate life. Independence, innovative thinking and initiative, ownership and entrepreneurial hankerings, all are pulling America and its economy toward different realms.

The global community is witnessing the same pressures for change. And change there is. How the community of nations accommodates each other and forges a workable global economy is yet unknown. We have all done it before. It is not planned. It just settles into routines and patterns driven by supply and demand.

Expect much more of this. Although uncomfortable to live through, it is also exciting and creative. Such new wonders to experience and dream of. Imagine being a part of all that!

December 6, 2022

 

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