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The Supply Chain Crisis: How We Got Here — Yves Smith

Summary:
Boils down to emphasizing efficiency at the expense of resilience. The global system therefore became overly brittle instead of suitably flexible as interconnectivity increased.Naked CapitalismThe Supply Chain Crisis: How We Got HereYves Smith

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 Boils down to emphasizing efficiency at the expense of resilience. The global system therefore became overly brittle instead of suitably flexible as interconnectivity increased.

Naked Capitalism
The Supply Chain Crisis: How We Got Here
Yves Smith
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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