RT @PIIE: The idea that making everything domestically builds resiliency is what @AdamPosen calls "the fallacy of self-sufficiency" & it has repeatedly been disproven. It is having diversified supply chains—including geographically—that builds resilience.
Read more: https://foreignpolicy.com/2023/03/24/economy-trade-united-states-china-industry-manufacturing-supply-chains-biden/

🐦🔗: https://n.respublicae.eu/MalmstromEU/status/1643862416948703235