11 September 2023
Dr Mike Redwood writes on Linkedin that we often hear about a struggling company being hit by “a perfect storm” but despite the idea being derided in some circles, the term “polycrisis” still makes more sense. The core concern of the polycrisis concept is that a crisis in one global system will cascade (or spill over) into other global systems, creating or worsening crises there. Right now we have seen Russian war, inflation, a weak Chinese economy, rising inflation, volatile demand, disrupted supply chains and climate change. If that’s not enough you can easily think of more…..
Read the full article: Tanners should avoid the ommodity trap