Living on the edge, near the default

[matrixmann]

Shortage of materials while the order books are all full... That's what it turns into if you afford yourself a globalized economy with everything of lower complexity degree production outsourced to just a few places in the world and some link in the chain suddenly becomes absent for whatever reason - or some selected player(s) suddenly buy(s) up all the few supply that exists at all.

Comments

[onb2017.livejournal.com]

Oh, India...good point. Suddenly everyone has forgotten that it is a huge producer of agricultural-second in the world- and some consumer goods. I guess there is more fun to come...Sadly

[matrixmann]

I have already questioned myself which goods might be hard to get or climbed in their prices because of the situation in India.
Because - well, remember how the EU cried out loud that a silently going on and growing shortage of some meds is on here? Because often enough a batch of meds from India has to be sorted out because it doesn't suit the quality and purity requirements?
India already produces quit a chunk of commonly and often-used pills... And if a land that had been assigned such an important task is in trouble for whatever reasons, I wonder what that does to the production of their usual goods that are needed throughout the world...?