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The World’s Buckling Supply Chain

(Copyright) by Joseph B. Baity (Charlotte, North Carolina)   A convergence of adverse and unexpected events has resulted in a global supply chain crisis of enormous proportions, threatening to derail worldwide economic activity in virtually every financial sector, with social and political stability stumbling in its wake. The trouble began with the global lockdown—beginning in the spring of 2020—in response to the COVID-19 pandemic. Consumer demand for goods and services tanked rapidly, as many workers were laid off or forced to work from home. At the same time, students were required to school at home via the Internet, and everyone had to […]