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vexikron , 7 months ago Its wild that the angle here is that specifically China is in a pickle. The reality is that every person and economy that depends on low shipping costs and reliable logistics is in ‘a pickle’. Which is … basically everyone, every economy. Just In Time Inventory plus + Must Make Next Quarter’s Numbers Look Good plus + Oh God Our Razor Thin Margins Just Got Obliterated By Shipping Costs = Layoffs Pass the Cost to the Consumer Shortages
Its wild that the angle here is that specifically China is in a pickle.
The reality is that every person and economy that depends on low shipping costs and reliable logistics is in ‘a pickle’.
Which is … basically everyone, every economy.
Just In Time Inventory
Must Make Next Quarter’s Numbers Look Good
Oh God Our Razor Thin Margins Just Got Obliterated By Shipping Costs
=
Layoffs
Pass the Cost to the Consumer
Shortages