by Peter Zeihan on December 20, 2022
Steel. The backbone of…just about everything. The cars we drive. The buildings we work in. Where we store our food. You get the point. But what happens when access to the inputs necessary for steel production starts to disappear?
As we continue down the path of deglobalization, getting those inputs will become increasingly difficult. We are already seeing this playout as the Ukraine War has cut off supply from Russia and Ukraine. Leaving Brazil as the only major supplier of pig iron for the US.
Luckily, some locations will weather this storm better than others. Topping that list is The Hoosier State – Indiana.