PARIS (Reuters) – Electricity distributors in France cannot break contracts to buy nuclear power from EDF at p…
— Read on kfgo.com/2020/04/18/french-court-backs-edf-in-dispute-with-distributors-over-supply-contracts/
France, and the EU, are going to strangle their economies with this kind of BS regulation.
The supply chain is a network
“Although we call it a supply chain, it is a network. Companies are interlinked and the processes and network design is now global. If one region is disrupted, there is a knock on effect. Some industries such as apparel hold capacity across a number of different regions, so they will be looking to other areas to make up any shortfall and looking for alternative shipping and airfreight lanes”
“Supply Chain Networks can evolve rapidly and some industries are good at reacting and creating new supply chains. But developing new partnerships can take time. China’s manufacturing operations are efficient and technologically advanced – because of local and Western investment – and alternative regions may not have these capabilities”
All businesses will be adversely affected by a lack of sales if they need to continue to pay overhead expenses. Small and medium-sized business will be especially adversely affected. Bloomberg reports that if a shutdown lasts for three months, there is a substantial chance that these businesses will run through their savings and fail. Thus, these businesses may be permanently lost if the economy is down for several months.
Also, restarting after a shut-down is more difficult than it might appear. Take, for example, a mother who wants to go back to work. She will likely need:
Public transportation to be operating, so she has a way to get to work;
School to be open, so she doesn’t need to worry about her child while she is at work;
Masks to be available, so that she and her child can comply with requirements to wear them;
Stores providing necessities such as food to be open, or she may be too hungry to work
If anything is missing, the mother is likely not to go back to work. Required masks seem to be a problem right now, but other pieces could be missing as well.Businesses, too, need a full range of workers to restart their operations. If the inspector doing the final inspection is not available, the business may not really be able to ship finished products, even if most of the workers are back.
— Read on ourfiniteworld.com/2020/02/18/easily-overlooked-issues-regarding-covid-19/
TRUMPUSSOLINI 