The World Needs Better Balance Sheets
Government
The disputes and chaos that followed the United States’ sudden imposition of blanket tariffs in April have threatened to pick apart the tightly woven fabric of global production. Around 300 million companies worldwide connected by an estimated 13 billion supply links now face unprecedented uncertainty. But the current confusion is just the most recent example of the economic disruption that has marked the last half-decade. Since the start of the COVID pandemic in 2020, surprising bottlenecks in
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