3 ms·
Right - I am by no means an expert on this but I feel far more worried about ripple effects than about the disease or even direct effects of supply chain disrup
by samvher 7y ago
Right - I am by no means an expert on this but I feel far more worried about ripple effects than about the disease or even direct effects of supply chain disruption. In October the IMF warned about corporate debt levels which could cause serious issues with a recession half as bad as what we had in 2008 [1]. This seems like a similar kind of systemic risk as what ultimately caused most of the trouble during that recession, but most people are talking only about the direct effects of quarantine and supply chains.
[1] https://mobile.reuters.com/article/amp/idUSKBN1WV1N5 https://mobile.reuters.com/article/amp/idUSKBN1WV1N5