With everyone trying to diversity their supply chain with domestic and ‘friendly’ suppliers the result will be …. a varied multi market, country, slow steady growth rate.
Or .. at the very least it’s s a theory.

of course there is the little problem of the reserve currency. I thought back in 2007 that the euro💶 would evolve into the big R. (I’ll look for the blog post)
They certainly have the potential. EU is considered more stable then China….and now apparently USA