We had a thing called globalism that drastically reduced costs. Globalism right now is on life support. Given geopolitics, I don’t see how it’s going to survive.
You are right. I haven't considered that enough. I do agree with you that globalism will be decreased even in the context of a decade, but I think it will be on a level that still give us some cost reduction. But I do think (at least hope) geopolitics will be better in 5-7 years.