Keith D Johnson on Nostr: Nate Hagens looks at weak links in the global supply chains. Some are already broken. ...
Nate Hagens looks at weak links in the global supply chains. Some are already broken.
"Over past decades, abundance & peace have become the prevailing narratives in modern societies. The reality, as usual, is both more nuanced & more complex. Today, our financial & material wealth exists in parallel with declines in natural & social capital. Similarly, recent decades have caused us to become über-dependent on global ‘just-in-time’ supply chains.
The unexpected exploding pager incident in Lebanon throws the durability of, & trust in global supply chains into a new light. The benefits we've enjoyed from the 'guns & butter comparative advantage' of globalized trade, might also be at risk of decline - & is something we shouldn't take for granted.
In today’s Frankly, Nate reflects on 7 key aspects of our socio-economic system which are in decline.
#permaculture #economics #climatechange #overshoot
https://youtu.be/izxQcGnT6P4
"Over past decades, abundance & peace have become the prevailing narratives in modern societies. The reality, as usual, is both more nuanced & more complex. Today, our financial & material wealth exists in parallel with declines in natural & social capital. Similarly, recent decades have caused us to become über-dependent on global ‘just-in-time’ supply chains.
The unexpected exploding pager incident in Lebanon throws the durability of, & trust in global supply chains into a new light. The benefits we've enjoyed from the 'guns & butter comparative advantage' of globalized trade, might also be at risk of decline - & is something we shouldn't take for granted.
In today’s Frankly, Nate reflects on 7 key aspects of our socio-economic system which are in decline.
#permaculture #economics #climatechange #overshoot
https://youtu.be/izxQcGnT6P4