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Author Topic: Covid Economy 2, Electric Boogaloo  (Read 10663 times)

tower912

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Re: Covid Economy 2, Electric Boogaloo
« Reply #50 on: December 20, 2022, 04:24:54 PM »
Yes.  That process isn't done yet.
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

Hards Alumni

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Re: Covid Economy 2, Electric Boogaloo
« Reply #51 on: December 20, 2022, 09:41:42 PM »
Supply chain is going to get royally fouled up again.

Nah, China will say eff it and just make everyone go to work sick.

Skatastrophy

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Re: Covid Economy 2, Electric Boogaloo
« Reply #52 on: December 21, 2022, 08:20:35 AM »
A lot of companies have spent the last year trying to onshore (at least a portion) to prevent a repeat of 2020.  (I've quoted several.)  The latest China events will only hammer home and speed up the process.

A lot of port traffic has moved from LA/LB to the East Coast as supply chains shift. It's hard to identify generational shifts while you're in the middle of one, but this feels like one. It will be interesting to see how this shakes out.

TSmith34, Inc.

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Re: Covid Economy 2, Electric Boogaloo
« Reply #53 on: December 21, 2022, 11:33:07 AM »
The blueprint that society decided works was out there.  China had every opportunity to vaccinate their population in the last almost three years.

They're skipping a very important step.
This.
If you think for one second that I am comparing the USA to China you have bumped your hard.

pbiflyer

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Re: Covid Economy 2, Electric Boogaloo
« Reply #54 on: December 22, 2022, 10:38:55 PM »
A lot of companies have spent the last year trying to onshore (at least a portion) to prevent a repeat of 2020.  (I've quoted several.)  The latest China events will only hammer home and speed up the process.
Vietnam,India and Eastern Europe are considered onshore? Seems like many businesses are just moving their sources to other countries.

TSmith34, Inc.

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Re: Covid Economy 2, Electric Boogaloo
« Reply #55 on: December 23, 2022, 11:25:56 AM »
Vietnam,India and Eastern Europe are considered onshore? Seems like many businesses are just moving their sources to other countries.
Some are trying to diversify their supply chains that way, some are also moving portions back onshore.
If you think for one second that I am comparing the USA to China you have bumped your hard.

MU Fan in Connecticut

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Re: Covid Economy 2, Electric Boogaloo
« Reply #56 on: December 23, 2022, 12:42:10 PM »
Some are trying to diversify their supply chains that way, some are also moving portions back onshore.

This exactly.  When I'm quoting these jobs, I always hear "We want to source at minimum 30% of our wire volume domestically to avoid logistic disruptions in the future."