Originally Posted by
UKSmartypants
Blame it on the Motor Industry. But not for the reasons you think/
50 years ago it all worked becsue ther was plenty of material stocks in the system, and plenty of manpower.
The motor industry devised the idea of Just-In-Time manufacturing, ie instead of holding a stock of 5000 widgets to help make your New super Binim, which lasted you a week, you get 1000 delivered every day, one day ahead of when you need them. Thats more efficient for your business, because you arent spending money on stock thats then sits on a shelf. And soon, everyone operated on Just-In-Time
However it relies on the entire machine of the economy to work in perfect harmony, EVERYTHING turning up at the right moment. And the pandemic really shafted that.
Because of the pandemic, businesses closed down, including factories, and staff got laid off and sacked. All the spare stock got sucked out the system.
Soon as it all started to fire up, its fucked up. There no stock to circulate, so no one can make much of anything, because supply cant now keep up with demand, because everyone is screaming for the same stock. But there no lorry drivers to take it, or warehouse men to pack the lorries, or unload the lorries, or stack the shelves. Just-In-Time is irreparably broken, and it will take a year or two to get everything working in synch again.