Tag: Tariffs
Is Globalization Ending? Manufacturing Reshoring and Global Trade with Mike Steger, Part 2 (Ep. 74)

Is Globalization Ending? Manufacturing Reshoring and Global Trade with Mike Steger, Part 2 (Ep. 74)

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Why can an economy grow on paper while households and businesses still feel worse off? The answer may come down to productivity, wages, housing, energy, and how much the country still produces for itself.

In this episode, John and Alex Soutsos discuss globalization, Canada-US trade, and the future of North American production with Mike Steger, co-founder of Promethean Action and host of Promethean Overviews. They examine why Canada’s GDP can rise even as productivity and living standards fall, how tariffs and the USMCA could affect Canadian businesses, and why COVID exposed North America’s dependence on foreign manufacturing and supply chains.

The conversation also explores rising national debt, economic sovereignty, nuclear power for AI data centers, and whether the US dollar will remain the principal reserve currency. For Canadian physicians, medical professionals, business owners, and investors, it offers a closer look at the economic forces that could influence costs, purchasing power, business conditions, and long-term financial planning.

John, Alex, and Mike discuss:

  • Why Canada’s GDP can grow while productivity, purchasing power, and living standards decline
  • How tariffs, USMCA, and supply management could affect Canada-US trade and Canadian businesses
  • Why COVID exposed Canada’s dependence on foreign manufacturing and vulnerable supply chains
  • Whether nuclear power can support AI data centers, energy demand, and new industrial investment
  • And more!

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About Our Guest:

Mike Steger is the co-founder of Promethean Action and host of Promethean Overviews. He has an academic background in economics and has spent years studying political systems, physical economics, manufacturing, energy, technology, and global trade. Through Promethean Action, Mike works to make large political and economic questions easier for the public to understand.
What Really Drives Economic Growth? with Tim Doescher – Part 2 (Ep. 67)

What Really Drives Economic Growth? with Tim Doescher – Part 2 (Ep. 67)

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What actually drives economic growth, and what happens when governments try to control it?

In this episode, John and Alex Soutsos continue their conversation with Tim Doescher, diving deeper into the real-world impact of economic policy, from Reagan-era tax cuts to today’s debates around tariffs, inflation, and central banking.

John and Alex discuss:

  • A breakdown of supply-side economics and why it gained traction during the Reagan administration
  • How modern monetary theory abandoned empirical evidence to justify government spending, debt, and inflation
  • Why tax systems matter, including the case for a flat tax and the unintended consequences of complex tax codes
  • The reality of tariffs in a global economy, including trade tensions with China, and the balance between fairness and free markets
  • The future of the Federal Reserve, including Kevin Warsh’s potential leadership and what it could mean for interest rates, inflation, and economic growth
  • And more.

Resources:

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Connect with Tim Doescher:

About Our Guest: 

Tim Doescher is the Executive Director at Unleash Prosperity, a policy organization focused on advancing free market economic principles. With a background in political campaigns, public policy, and economic research, Tim works closely with leading economists and policymakers in Washington, D.C., helping shape conversations around taxation, regulation, and economic growth.

What Investors Need to Know About Today’s Trade and Market Climate – Part 1 (Ep. 42)

What Investors Need to Know About Today’s Trade and Market Climate – Part 1 (Ep. 42)

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Join hosts John and Alex Soutsos as they explore the unique dynamics of today’s financial landscape and share insights on navigating market volatility. In this episode, delve into the impact of U.S. trade policies, the notion of cyclical bear markets, and what a potential reset button for the economy might entail. 

Engage with the rich analysis offered by John and Alex, as they discuss:

  • The restructuring of the U.S. market under the new administration. (03:04) 
  • The implications of tariff negotiations and their role in global trade dynamics. (08:01) 
  • Identifying corrections versus bear markets and their historical context. (11:46)
  • Behavioral insights on consumer sentiment as a contrarian market indicator. (19:56) 
  • The stimulative impact of domestic investments and the reshoring of manufacturing. (24:46) 

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