economy

Just In Time, System Could Come To A Grinding Halt

Are we about to experience an economic collapse?

Just In Time, System Could Come To A Grinding Halt

TL;DR

  • A compounding crisis connects energy chokepoints to crop yields and medicine supplies.
  • Iran's closure of the Strait of Hormuz has halted a significant portion of global seaborne fertilizer trade and urea supply.
  • The 'just-in-time' global system, built on cheap energy and efficiency, is vulnerable.
  • The author advocates for stocking resources, demanding domestic resilience, and accepting difficult truths.