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More Supply Chain Dread on the Way for Australia

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By Nick Hubble, Tuesday, 21 February 2023

Quick summary: Asking which one issue caused the supply chain breakdown of 2021 and 2022 is a mistake. The system was absurdly fragile. It was an accident waiting to happen.

Do you blame a particular snowflake for an avalanche? Which drop of water should we accuse of breaching the dam? Do you go looking for the hailstone that broke your windscreen?

Asking which particular issue caused the catastrophic supply chain breakdown of 2021 and 2022 is the same folly. And yes, it was catastrophic for millions of people around the world who were left without enough food or energy.

The real point, though, is that COVID, Putin’s invasion, and central bank money printing were just the spark which ignited the crisis.

At least, that’s what Jim Rickards argues in part two of our interview about his new book Sold Out!

He explains that it’s the snowpack that causes the avalanche…and why it’s about to rumble again…

But first, if you missed part one, where I attempt to explain high prices to my wife, click here.

Complimentary digital copy of Jim Rickards’ new book for every new subscriber…

For a limited time, when you take a subscription to Strategic Intelligence Australia, you can get a digital copy of SOLD OUT! with Jim’s compliments. For more details, go HERE.

Until next time,

Nick Hubble Signature

Nickolai Hubble,
Editor, Strategic Intelligence Australia

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Nick Hubble

Nick Hubble found us at Fat Tail Investment Research in 2010 after a stint inside Wall Street’s most notorious bank, Goldman Sachs, during the 2008 GFC. That’s where he saw the true nature of the investment banking business. Since then, he’s been the editor of the Daily Reckoning Australia and the UK-based Fortune & Freedom and Gold Stock Fortunes.

He’s delighted to work as Investment Director and Editor for Jim Rickards’ Strategic Intelligence Australia. Here he helps turn Jim’s big-picture views into specific actionable advice and ideas for Australian investors.

Nick’s Premium Subscriptions

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

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