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YoshidaYui

(41,831 posts) Mon Oct 18, 2021, 03:09 PM Oct 2021

The REAL reason the US supply chain is backed up

2 replies

= new reply since forum marked as read

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The REAL reason the US supply chain is backed up (Original Post) YoshidaYui Oct 2021 OP

Kick and recommend. Thanks for posting! bronxiteforever Oct 2021 #1

The problems started before COVID drmeow Oct 2021 #2

bronxiteforever

(9,287 posts)

1. Kick and recommend. Thanks for posting!

Reply to YoshidaYui (Original post)

Mon Oct 18, 2021, 03:51 PM

Oct 2021

drmeow

(5,017 posts)

2. The problems started before COVID

Reply to YoshidaYui (Original post)

Mon Oct 18, 2021, 10:06 PM

Oct 2021

COVID just made an existing broken system worse:

https://www.theguardian.com/commentisfree/2021/oct/01/america-supply-chain-shortages :

"But what we’re experiencing is also the net result of decades of policy choices starting in the 1970s that emphasized consumer sovereignty over citizenship. The consolidation of power into the hands of private equity financiers and monopolists over the last four decades has left us uniquely unprepared to manage a supply shock. Our hyper-efficient globalized supply chain, once romanticized by men like Tom Friedman in The World Is Flat, is the problem. Like the financial system before the 2008 crash, this kind of economic order hides its fragility. It seems to work quite well, until it doesn’t."

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