Apr 12 2009
The Uncertainties Inherent in Globalism
In going through the headlines these days, one cannot but notice of all the uncertainties in the world these days.
One article stood out and brings this to light in terms of the supply side and the costs of those supplies.
Shippers face higher insurance as pirates run amok
In that article, it talks about how insurance costs are skyrocketing, but it also talks about alternatives and how they drive up costs too.
Even then, little is mentioned of other issues like geo-political instability (i.e. Chavez).
People are so reliant on the “global economy” today, that thee cannot see or, even worse, refuse to acknowledge the need for a diverse local production of goods for stability.
Until this is more widely accepted and implemented, uncertainty will rule the economy and our lives.
