RE: Global Trade and Supply Chain Issues Are Developing - Covid19 Diaries
Dear @whatsup
I've been also very concern about state of global economy since the day I realized, that this virus won't be contaminated within Wuhan alone.
Challening times ahead of us.
While I am not an expert on Supply Chains, I don't think a global economy just starts right back up with out problems.
Obviously. Many factories will shut down and go out of business. Many shipping companies will also struggle to survive and some will close down. Custom offices will be overwhelmed with amount of work (especially since boarderd in EU are closed).
Even those businesses which would survive, will have trouble with lack of employees. Old ones will be mostly fired and new ones will have to be trained. That's all very long process.
I don't want to alarm anyone or encourage hoarding, but I'm nervous about the next phase as we try to get things going again.
where are you located? If you're in US then surely you may be affected more than many other countries with supply chain distrubtion. More than EU or other parts of the world.
Yours, piotr