10,000 Mile Supply Chain (5)
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Jon Taplin (28)
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Jon Taplin's Blog (26)
2 weeks, 5 days
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Eighteen months ago, I gave a lecture at USC about The New Federalism, in which I made the outrageous claim that within five years WalMart’s sourcing model would collapse. The cost of bringing cheap goods from China with $100 per barrel oil would not work. Turns out, we didn’t have to wait five years. The cost of shipping a 40-foot container from Shanghai to the United States has risen to $8,000, compared with $3,000 early ...
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smackaysmith said:
Taplin says 8 years of decline... hell no. Since Nixon resigned, we've been in the dark ages.
Corporate Socialism (2)
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I wish I was “too big to fail”. That’s what all the talking heads in Washington and on Wall Street are saying about Fannie Mae and Freddie Mac. Collectively they hold $5 Trillion in mortgages. So what is one of the possible outcomes of their problems in the next few weeks? A government bailout! Never mind that it would raise our total government debt by 50%. Never mind that both firms are leveraged to the ...