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BMM ArticlesA Wealth of KnowledgeVideo GalleryThe Retired Advisorwith Bill Schmick

Tag: global supply chain disruption

Food, famine, and global unrest

April 14, 2022April 14, 2022 by Bill Schmick

More than a decade ago, the Arab Spring roiled the Middle East from Tunisia to Egypt to Yemen. Massive protests demanding freedom, equality and bread were met with repression and conflict. Could today’s growing scarcity of food spark another Spring of discontentment? The origins of the name “Spring,” whether Arab or otherwise, was a term historians used to describe the Revolutions of 1848, known as the “People’s Spring.” It was a series of upheavals that swept through Europe at that time. Republican revolts took place first in Sicily, spreading to France, Germany, Italy, and the Austrian Empire. They all ended…

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Weather worsens global trade

September 23, 2021September 23, 2021 by Bill Schmick

Changes in climate are impacting a global economy that is fighting to recover from a pandemic. Supply chain bottlenecks continue to worsen as continuous weather-related catastrophes close ports and snarl land, sea, and air transportation routes. Can it get any worse? Yes, and it probably will, according to climate experts. Nearly all actively publishing climate scientists agree that humans are causing global warming and climate change. The less than 2% of experts that disagree have published contrarian studies that either cannot be replicated or contain errors. I’ll go with the consensus on this issue. Here in the U.S., we receive…

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Chlorine, cars and the supply chain challenge

June 17, 2021June 17, 2021 by Bill Schmick

Supply chain shortages are showing up across the nation. Some items, such as chlorine for America’s pools and used cars, just illustrate a lesson we need to learn. The chlorine shortages illustrate why supply chains are so important and how fragile they can be when faced with something as devastating as the pandemic. Last year, when lockdowns kept most Americans hunkered in their homes, an enormous home improvement wave swept through the country. Demand for home offices on the inside, and new recreational improvements on the outside, skyrocketed. Gazebos, firepits, and swimming pools were just some of the items that…

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