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Tag Archives: supply chain disruptions
No Trucking Way
No Trucking Way The financial economy and real economy used to live with each other happily: now they are in a long-distance relationship reliant on logistics to keep in touch. What happens when those logistics break down? (Very bad things, as I was discussing here the other day.) We have covered the ocean-carrier side of this […]
China Rations Diesel Amid Nationwide Fuel Shortages
China Rations Diesel Amid Nationwide Fuel Shortages
‘Your grocery stores are like museums’: Then and now
‘Your grocery stores are like museums’: Then and now About 15 years ago I helped to host a group of Russian entrepreneurs during one stop on their tour of the United States, a tour sponsored by the Chamber of Commerce. As we hosts accompanied our visitors, we naturally fell into conversation with them. One of […]
The Fed’s Inflation Is behind the Supply Chain Mess
The Fed’s Inflation Is behind the Supply Chain Mess It seems supporters of the Biden administration finally settled on a narrative they like for explaining away supply chain shortages. Here’s the administration’s talking point: the US economy is rolling along so well that Americans are demanding huge amounts of goods. That’s overwhelming the supply chain and […]
Intermission: The Machine Stops?
Intermission: The Machine Stops? ‘I have seen the hills of Wessex.’ “The Machine,” they exclaimed, “feeds us and clothes us and houses us; through it we speak to one another, through it we see one another, in it we have our being. The Machine is the friend of ideas and the enemy of superstition: the […]
There’s No ‘Supply-Chain Shortage,’ Or Inflation. There’s Just Central Planning
There’s No ‘Supply-Chain Shortage,’ Or Inflation. There’s Just Central Planning It’s great that so many have copies of Adam Smith’s The Wealth of Nations, but very unfortunate that so few have read it. The alleged “supply chain” problems we’re enduring right now were explained by Smith in the book’s opening pages. Smith wrote about a pin […]
China Rationing Diesel
China Rationing Diesel China has begun to ration fuel amid the ongoing energy crisis. As reported by the BBC, trucks in China may only fill their tanks with 100 liters (10% capacity) of diesel, with other areas reportedly only allowing 25 liters. The city of Fuyang is limiting purchases and charging drivers a surcharge of up […]
Truckers Wanted
Truckers Wanted It seems that the state of Florida is doing more to address the supply chain crisis than the entire Biden Administration. The American Trucking Association reported that their industry now has a record shortage of 80,000 drivers. Truck drivers are essential to maintaining a steady supply chain, and despite the climate change narrative, […]
Why Supply Chain Disruptions Will Persist
Why Supply Chain Disruptions Will Persist Just-in-time (JIT) is a production model used by companies to create items for immediate demand. The point of JIT is to avoid the waste associated with overproduction. But when supply chain snarls appear, JIT has become a significant headache for US companies such as Ford who has had to […]
Brace For Shortages of Oil, Natural Gas, Propane, and Coal: It’s Only Going to Get Worse
Brace For Shortages of Oil, Natural Gas, Propane, and Coal: It’s Only Going to Get Worse
Shortages & Hyperinflation Lead to Total Misery
SHORTAGES & HYPERINFLATION LEAD TO TOTAL MISERY At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis. There is a general lack of labour, whether it is restaurant staff, truck drivers or medical personnel. There are also […]
“People Are Hoarding” – Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist
“People Are Hoarding” – Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist It’s been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously, the psychology of empty store shelves and President Biden’s inability to […]
Are the US Supply Chain Disruptions Deliberate?
Are the US Supply Chain Disruptions Deliberate? (Image by © Reuters / Alan Devall) Deputy Treasury Secretary Wally Adeyemo may have accidentally leaked the cause of America’s supply chain issues. “The reality is the only way we’re going to get to a place where we work through this transition is if everyone in America and everyone […]
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock China’s move to impose export restrictions on fertilizers will be felt worldwide. Beijing’s increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for […]
