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> find ourselves dependent on a failing globalized just in time supply chain That one hasn't failed yet. But it might happen, in case that there is a conflict
by MichaelMoser123 4y ago
> find ourselves dependent on a failing globalized just in time supply chain
That one hasn't failed yet. But it might happen, in case that there is a conflict between China and Taiwan. Everybody is in deep shit, if that one happens...
Right now we got:
- rising energy prices and rising 'commodity' prices; Now these trickle down to every product, so that there is rising inflation.
- it is harder to raise money, due to rising interest rates
- gorjusborg 4y ago> That one hasn't failed yet. He said 'failing' not failed. Supply shortages are still being felt in local industries based on anecdotes I'm hearing. I'm pretty sure that'd qualify as 'failing'.
- MichaelMoser123 4y agoI was answering to GP; my point is that it could have been much worse. I don't see a reason for a great depression, unless there is another war.