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Coronavirus: The Zebra Swan

3 pointsby skmurphyabout 5 years ago

1 comment

skmurphyabout 5 years ago
Interesting insights into supply chain challenges just a few weeks away. Key quotes:<p>&quot;I’m tired of hearing the phrase “uncharted territory” because at least in uncharted territory you can pull your canoe over, take a day off, and try to sort through your bearings. We’re in uncharted territory on class-three rapids with a tribe of hyper-intelligent axe-wielding bears chasing us.&quot;<p>&quot;There’s nothing we can do but prepare ourselves for the consequences of decisions already made.&quot;<p>&quot;This week may very well be the worst one because of the nature of the coronavirus incubation period and the impatience of our modern culture. Many of us have been effectively quarantined for two or three weeks already, and we’re feeling the social, psychological, and economic effects of that. It is exhausting, and we want to know that it’s working. But we can’t know that just yet. We need to trust that it’s working even as we see the bad news rolling in this week. We hope we’ll see the effects of our sacrifice translate into reduced cases. We trust that we’re making a difference, but that faith needs to manifest itself as evidence fairly soon or morale will go downhill quickly.&quot;<p>&quot;We’ve taken this pandemic, an event clearly unique in the last 100 years, and layered upon it an economic event without precedent. What happens when the world stands still for four weeks? The simple and terrifying answer is that we don’t know.&quot;