Local sourcing with fundamental changes for many markets on this planet, might soon become a strong trend

Local sourcing with fundamental changes for many markets on this planet might become a strong trend. It seems that very soon nearly every industry – locally or globally – might be affected in one way or the other. Since there seems no timely fix for those ongoing global disruption processes, it might be time to invest in safeguarding strategies to brace for impacts from resulting business uncertainties. True for every industry from production to insurance, from trading to airline industries.

“New indicators developed by Bloomberg Economics underscore the extremity of the problem, the world’s failure to find a quick fix, and how in some regions the Big Crunch of 2021 is still getting worse.”

Credits: Bloomberg Economics

https://www.bloomberg.com/news/features/2021-11-02/supply-chain-crisis-has-central-banks-facing-stagflation-lite

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