by Peter Zeihan on July 23, 2024

*This video was recorded last week, prior to Peter departing on his backpacking trip.

There have been significant protests in Bangladesh over a law reserving a significant portion of government jobs for supporters of the 1971 independence revolution and their descendants. The job quota has been suspended, but protests continue.

For context, Bangladesh has a young population of over 100 million and accounts for nearly a tenth of the global textile supply. The current protests revolve around the chokehold on opportunities that this job quota has caused, forcing many college grads into low-wage textile jobs or something of similar stature.

The protestors have been met with curfews, arrests and worse, but it appears they will continue to push back against the government. Depending on the resolution of these protests, the Bangladeshi textile sector could be in trouble…which would be amplified by the technological advances hitting the industry.

Please click below to watch today’s video

YouTube Video Link: https://youtu.be/lWzAspMH700

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