James Rickards explains the obvious: https://dailyreckoning.com/the-great-supply-chain-collapse/ The Great Supply Chain Collapse What’s at the root of the supply chain breakdown? That’s a critical question but the answer is almost irrelevant. The supply chain is a complex dynamic system of immense scale. It is of a complexity comparable to the climate as a system. This meansContinue reading “Supply Chain Systemic Risk”
Tag Archives: #supplychaindisruption
Bankrupt State – Spiking Inflation
History teaches that oligarchies and their statist allies (“public-private partnerships”) suck the life out of a nation and its economy as soon as they get a bite on sufficient power. Yet, a lot of people support this dynamic – PPPs. Govetnment “investment” in “the future.” I suspect they hope to get a taste for themselvesContinue reading “Bankrupt State – Spiking Inflation”
Supply Chain Disruption
As Tyler observes, ISM falsely shows an uptick when, in fact, delivery time extension is more indicative of a supply chain disruption. Recall US industrial production remains stalled 5.6 percentage points below the long-run average. Nothing like this ever happened before. https://www.zerohedge.com/markets/ism-manufacturing-unexpectedly-soars-supplier-delivery-times-spike
Econophysics2020 