its official. the reset is in progress/process and it may or may not be something we'll enjoy in the end. is it schwab's reset? time will out;

Over the past few years, there has been a tremendous amount of buzz about an imminent “reset” of the global economy.  Well, what we are currently witnessing may not look like what they were anticipating, but a “reset” of the global economy is definitely here.  Trillions of dollars were invested to set up the global supply chains that we have today.  I have always argued that we should have never allowed ourselves to become so dependent on goods that are made elsewhere, and making more things in this country is a goal that every administration should pursue. Unfortunately, you can’t just reverse decades of investment and construct entirely new supply chains overnight.  For example, it costs approximately 10 billion dollars to build a manufacturing facility that makes computer chips, and construction time can run between 3 and 5 years. So anyone that thinks that we can just hit a “reset button” and magically make things better is simply being unrealistic..........more........