Why is the global supply chain so fragile and how can it be fixed?

The COVID-19 pandemic dislodged the global supply chain, but the vulnerabilities in the system had already been building up for decades. A new book titled "How the World Ran Out of Everything" examines how the health crisis exposed the fragility of a system that was always at risk of collapse. Author Peter Goodman joins to discuss.
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[@stevesmith-sb2df]

"The purpose of a company is to maximize shareholder value" Yep that worked out!

[@Shining237]

Stop funding all these stupid wars and things may return to normal.

[@laurenfarmer4527]

Customers giving me the surprised pikachu face when we can’t make something next week because half of what we need is overseas lol. We can’t make things instantly appear like it felt like 5 years ago!

[@dreadfuldonkey]

As a shareholder of The United States am deeply disappointed in the Governments miss management. Their own words used against them.

[@fordsrestorations970]

"The heart is utterly deceitful ," who can know it ?
Man would have to change his heart to fix the problems .

[@madge2114]

I remember some people back in the 80s decrying all the jobs going to China, while others raked in the dough whining they could not otherwise compete.

[@LegitBobsYourUncle]

Global Value Chains is just a new way of saying getting the work done offshore to maximise profits for shareholders.

[@jeremyrogers8828]

Monopolies and Greed is the cause.
Anti trust and competition is the answer.

[@Melrose51653]

So that was 4 years ago during a one off public health crisis. Who plans for that ?

[@mushy2bc482]

We could maybe start producing the things we need here in America and we would never have to worry about it🎉🎉🎉🎉🎉🎉

[@anuragchakraborty8766]

The costs are too high

[@mikegreen5596]

The supply chain has always been fragile
The north won the civil war not because of land battles but rather because of its naval blockade of the coasts and the Mississippi River
Nothing new just a recurring situation

[@volkerengels5298]

Now with 8 Billion ppl and nukes. But everything like the good ol' days..??

[@SaltyBollocks1]

It's all being done deliberately.

[@lokesh303101]

Fragile.
Drake Passage fixes everything.

[@atl3630]

Easy sailing - you can just float barges through there.

[@volkerengels5298]

Some Pirates block Suez-Canal completely.
MegaMax class ships around Kap Horn now....

[@MichaelM-q2q]

Make it in the United States not mere government, more private sector jobs for the public Citizen.

[@JaydogPDX69]

Scapegoating

[@laurenfarmer4527]

Gerry rigged is an accurate description

[@ghostferatu6241]

Jewish financial speculation.

[@normalmanhumanguy1]

Go China Go!!!