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How We Broke the Supply Chain — David Dayen, Rakeen Mabud

Summary:
Rampant outsourcing, financialization, monopolization, deregulation, and just-in-time logistics are the culprits.Emphasizing efficiency (for increasing profit) over resilience (safety). American ProspectHow We Broke the Supply ChainDavid Dayen, Rakeen Mabudhttps://prospect.org/economy/how-we-broke-the-supply-chain-intro/#new_tab

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Rampant outsourcing, financialization, monopolization, deregulation, and just-in-time logistics are the culprits.

Emphasizing efficiency (for increasing profit) over resilience (safety). 

American Prospect
How We Broke the Supply Chain
David Dayen, Rakeen Mabud
https://prospect.org/economy/how-we-broke-the-supply-chain-intro/#new_tab
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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