You may have a view of trade as being straightforward: one country either buys or sells a product to another country. However as this older piece shows, it’s never quite that simple: One Tiny Widget’s Dizzying Journey Through the U.S., Mexico and Canada.
That’s not to say all products are like that. As we learned during the pandemic, all it takes is for a shutdown of one country and suddenly we can’t get a product. But for many products, the journey isn’t from A to B. It’s from A to B to …Z? It’s complex. And if there is a disruption along the way, disaster can occur.
One thing for sure, given how the pandemic disrupted supply chains, I expect many companies are countries are going to be revisiting how they get products and how they can better protect themselves against not being able to get it in times of emergency.
Happy Monday! Are you affected by code at work? Of course you are! Do you code at work yourself? Very likely, even if it is to use formulae in a spreadsheet program like Excel (which, years ago, would have required been considered coding). However code affects you, I highly recommend you read this:
Code. It’s a very rich piece on code (i.e. software) and what it means to you (and everyone else).
Among other things, it is brilliantly designed. Lots of hard work went into this piece. If you can’t get started yet this week at work, read this as a research project.
As this article shows, The Way Humans Get Electricity Is About to Change Forever – Bloomberg Business, there are a number of reasons to be optimistic about the way we use energy. Improvements in solar power and energy efficiency are just two reasons to be optimistic.
However, we are still emitting too much CO2 and that is going to cause the temperature of the earth to rise far too high, according to experts. In the long run, we may be ok, but in the next century there are going to be significant consequences.
Read the piece and get a sense of where things are heading.