This is why thinking outside the box you have been trained to think inside is often necessary when everything changes.
I've noticed that my pioneer ancestors always understood this very well and because of this had their own businesses mostly because trusting other businesses to work for is often not a good idea. Unless you control the business yourself you won't be able to keep that business functional as the world changes. And if everything changes you can either sell that business or move to another place where things are okay and start over another business.
Trusting any other business to take care of you all your life isn't logical. You and God are the ONLY people who can take care of you long term.
Begin partial quote from:
https://scs.georgetown.edu/news-and-events/article/8609/who-is-hit-the-hardest-by-supply-chains-over-holidays?utm_source=taboola&utm_medium=native&utm_campaign=fy22-dmi-scm-native-tab-pros-content-img-holidays-1&tblci=GiA7c_vvG1SyrUAShEINK1_4l4vBzBx-vw8-Kj-jfNApiiCexz0oiPiUhOrKmPld#tblciGiA7c_vvG1SyrUAShEINK1_4l4vBzBx-vw8-Kj-jfNApiiCexz0oiPiUhOrKmPld
Supply Chains are in Trouble:
Supply chains are in trouble. A lot of trouble. With the holiday season drawing near, consumers are concerned about the impact on their holidays and wondering when the shortages will finally end. As the faculty director for the Master’s in Supply Chain Management program at the Georgetown University School of Continuing Studies, I often start my classes with a quote by Albert Einstein: “You can never solve a problem with the same kind of thinking that created the problem in the first place.”
The reality is that our global supply chain woes didn’t start during the pandemic; the pandemic just stoked the embers of existing issues into one great roaring fire. This situation is also not just a supply issue. An increase in demand for goods versus services, acceleration of the digitization of products, and a rebounding economy all play a role. In fact, a September press release from the National Retail Federation (NRF) indicates that “for the first eight months of the year, sales as calculated by NRF were up 15 percent over the same period in 2020.” Likewise, Mastercard SpendingPulse “anticipates U.S. holiday retail sales to grow 7.4 percent in 2021.”
end quote.
So, the solution to the problem won't likely come easily. My personal point of view is that we need to become less dependent upon goods from other countries as long as Covid exists in a form like it is.
Countries must become more independent in fulfilling their needs. Countries like the U.S., Brazil, China, Russia and other bigger countries like Australia and Canada with a whole lot of natural resources will likely fare better (at least until Covid is under control or more gone than now.)
So, as long as covid exists countries are going to have to become more independent and people have to start growing their own food more worldwide in order for them to survive times like this and they also need to start making their own clothes more too.
The supply chain problem is just telling us the real problems that Covid is creating worldwide. We must learn from this. Those who don't learn from this aren't going to do very well in the future on many different levels.
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