Catastrophic Supply Chain Collapse: Threat to 8 Billion People
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The global just-in-time supply chain system, crucial for sustaining 8 billion people, is shockingly fragile. This conversation reveals its dangerous dependence on open trade routes like the Suez and Panama Canals, and the absence of global conflict. Are we underestimating the risks with a pervasive "normalcy bias"?
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Transcript
Listen, uh, this is really important because it sounds to me like, by the way, if I can understand from what you've said, this just-in-time system, this very intricate system that keeps 8 billion people alive, works okay if there's no war. Is that right? Well, that's that's exactly right. It it works okay if the Suez Canal is open, Straight of Hormuz is open, Straight of Malacca is open, Straight of Gibraltar is open, and the Panama Canal is open. And if everything's working, right? Then we're fine. And that's the normalcy bias that people are now living on and they're assuming that the future is going to be like the past because that's all they've experienced. I can assure you, and you've had experts on like Dr. Chris Martinson, who who confirmed this. I can assure you, the future will not be like 2025. It's not it's not even a prediction. It's it's a it's a projection of what has already happened, okay? So so this crisis has already happened. Now it's just working its way through the supply chain. And it's a it's a five-month problem right now. It's survivable. It's not the end of the world ...
