Comments by "Cross Link" (@crosslink1493) on "Much Higher Interest Rates for Much, Much Longer || Peter Zeihan" video.

  1. Along with investing stupidly, those low, low interest rates encouraged people to spend stupidly, too. Flipping cars every 3-5 years is my pet peeve about overspenders.
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  2. Right now I'd say its nil for the next decade (at least). China, Russia, South Africa are all in economic trouble. Can't say too much about India and Brazil as they seem to be a little bit insular and smug with themselves. China, India, and Russia all seem to be cautious of each other. They admitted 10 new members but I don't see much in any of those.
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  3. One thing I disagree with him on is reshoring of manufacturing. Unless its hi-value-added, then most manufacturing is chasing lower labor and plant costs anywhere in the world. Maybe a few hi-end chip plants, specialty metals & plastics, and specialty metal fab and assembly, but most will still be offshore and chasing lower cost localities.
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