diagnosis
He critiques just-in-time supply chains as low resilience, arguing shortages can propagate rapidly into inflation and rationing behavior when multiple shocks hit.
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He critiques just-in-time supply chains as low resilience, arguing shortages can propagate rapidly into inflation and rationing behavior when multiple shocks hit.
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"forewarning a major catastrophe approaching the global economy that's going to come very soon so she points out one third of the world's fertilizer...."
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"So this system was not designed to be resilient, it was designed to be efficient, and this is going to cause a lot of..."
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