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Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sink the Global Economy by James Rickards
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“Using this and many other examples, Tainter concluded that the collapse of a complex system is not explained by a specific cause such as a barbarian attack but by the response function of the civilization under attack. Societies that succumbed to invasion, plague, or drought had overcome those threats many times before. In the end, society fell because it was no longer motivated to recover. Whether it was taxation, corruption, decadence, or weak leadership, the members of society did not rally or rebuild. They just let it happen and migrated or lived in simplified conditions.”
James Rickards, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sinkthe Global Economy
“RACI Matrix: This is a supply chain management technique used to improve teamwork in solving problems. RACI stands for Responsible, Accountable, Consult and Inform. It is intended to let every member of a team know what they are responsible for doing, establish benchmarks to hold team members accountable for performing their tasks, encourage consultation among team members to ensure that efforts are coordinated, and inform team members that specific tasks have been accomplished or are ongoing.”
James Rickards, Sold Out: How Broken Supply Chains, Surging Inflation, and Political Instability Will Sinkthe Global Economy