3 ms·
It's incredible that planners have fallen into the cobweb [1]. For enterprises with long lag from set-up should be aware that you are not the only one thinking
by SixSigma 11y ago
It's incredible that planners have fallen into the cobweb [1]. For enterprises with long lag from set-up should be aware that you are not the only one thinking "I'll have me a bit of that" and that you'll all be on-stream together and then there will be too much.
It was first noted in the pig breeding in 1925 [2]. Breeders saw today's prices, bred pigs based on it and then too many pigs were all born at the same time depressing prices, so nobody breeds and then prices go up - repeat
> Companies that took advantage of the cheap debt to increase production are now stuck with a big bill that will be difficult to cover.
And they will be blamed, like householders that borrowed to buy McMansions.
[1] https://en.wikipedia.org/wiki/Cobweb_model https://en.wikipedia.org/wiki/Cobweb_model
[2] https://en.wikipedia.org/wiki/Pork_cycle https://en.wikipedia.org/wiki/Pork_cycle