Globalization Faces Disaster With Supply Chain Leaving China
The finely-tuned global supply chain built by corporate Technocrats is being disrupted by the Black Swan event of the deadly Wuhan virus in China. The shock of economic standstill, lack of travel, missed deadlines, etc., could provide a “Lehman moment” and domino effect. ⁃ TN EditorEveryone expecting a quick resolution to the epidemic and a rapid return to pre-epidemic conditions would be well-served by looking beyond first-order effects.
While the media naturally focuses on th
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