2020/03/21

Supply Chain Meltdown

https://www.bloomberg.com/news/articles/2020-03-20/a-covid-19-supply-chain-shock-born-in-china-is-going-global

Will be interesting how many companies adopt a distributed internet like model for their supply chains. Who knows.

Don't here to much about LATM::
"""
Peru’s state of emergency and nationwide lockdown have led major mining companies like Freeport-McMoRan Inc. and Newmont Corp. to curb copper production there. The same is happening in other mining centers like Chile, Canada and Mongolia, with economists at Scotiabank saying the initial result from the hit in Chile and Peru alone leading to the loss of some 325,000 metric tons of copper production, or about 1.7% of global annual output.
"""


"""
“I think it’s irresponsible for anyone to make assumptions right now.”
"""