“The End of an Economic Era”

“The End of an Economic Era”

The long-standing belief in production processes tailored to tight time windows, geographic specialization and long supply chains is outdated: “We now have plenty of experience with global supply chains being disrupted by the Chinese policy of isolation, the war in Ukraine and export restrictions by our international partners,” said the French politicians. World politics has fragmented within a very short time, China is increasingly dominant, and the pressure on democratic values ​​is growing worldwide. At the same time, there are permanent crises: He cited Corona, climate change and Russia’s war of aggression as examples.

In order to be in a better position compared to other players on the world stage, new tools are needed.

Source: Nachrichten

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