Deglobalisation is accelerating 
Sanctions on Chinese EVs are on the way both in the US and EU where they are threatening the local auto industry

This is significant....
https://www.bloomberg.com/news/articles/2024-01-31/raimondo-warns-chinese-evs-pose-national-data-security-risks?embedded-checkout=true

Deglobalisation will divide the world into two parallel tech stacks that gradually be less connected to each other. 
The prioritization of national interests over economics will contribute to inflation in a snowball that is very hard to stop.

Searchcaster