November 17, 2021 ☼ economy ☼ supply-chain
Source: The Washington Post - Link
Economists broadly expect that the labor and supply chain disruptions should work themselves out as the pandemic fades, but they say climate and weather impacts will remain major threats to food and a growing number of other industries.
The supply-chains were destroyed by corporations looking to cut costs due to lack of demand during the pandemic. These are not “snarls”. It will take some time to rebuild them. We’re really bad at building resilient structures in the face of competition.