Thats a job for HaI

In a year they will be Toyota, because they buy in the Spring

Rental cars are always scarce here in Anchorage during the summer.

For the Record they are Subaru's.

It’ll be real life lore covering why every car in Alaska is a Corolla

HOLY HOLY!!! I can proudly say that I have the two HOTTEST women on this planet as MY GIRLFRIENDS! I am the unprettiest UKpostsr ever, but they love me for what's inside! Thanks for listening mx

@@AxxLAfriku stfu

honestly man i just want a 3080

@@ryan_lmao Oh what a humble being you are. 😂

thats coz of all the scalpers

If you play the long game you won't get your billion dollar bonus from the share holders. At the end of the day so many of our modern problem can be traced back to the demands of shareholders, they destroy a companies rationality in the blind pursuit of profit, they consistently act more unethical then their private counterparts and they are the driving cause of many economic crises

@@C1azed you can still give shareholders their earnings, itll be less, but more over time. still, playing the long game is the winner, this is in theory obviously, and we live in a non perfect world and ppl are generally greedy. but, if cards are played right and ppl in power can keep their egos in check, things can work out as they should 🤷🏻‍♂️

For the individual this *Absolute* is a dangerous line of thinking. You are never guaranteed tomorrow, But more then that you are likely just trading your youthful happiness for your aged happiness, effectively doing nothing, and shutting your self off to things you could have only done when you were young. Finding happiness not so easy. Balance is far more appropriate.

In that that case, it's really too bad that corporations are required to chase short-term gains, lest their investors not get richer, faster, constantly. If they feel like they could be making more money faster - short-term or not - they can simply demand things be changed. The way these companies run is beyond messed-up.

Every corporation has quarterly profits statement. If you don't show profit, you are fired.

ah now I get it - ppl can stockpile boba kits & not disrupt their foodie supply chain! 🧋

That is also how the whole economy works... Try to develop enough technologically before all the resources to do so run out... Maybe you'll catch up.

Yeah, this is the norm all over America. SNORT.

Worse even... A lot of these companies are more about finance than manufacturing. A lot of their income is based on borrowing to lend... And round and round it goes, for a while.

This is one of the most accurate analogy for the shortages i have ever heard.

Exactly analogy.

Well it's not easy for companies to implement the toyota production system. When they decide to go that way, they usually take years in learning it from advisors. On the other hand, a less effective production system means higher prices, and taking away goods and services that everyone can afford from the poorer people.

I literally just pulled my copy of The Toyota Way Fieldbook off the shelf behind me. The processes work, yet I've seen many examples of people fighting the process.

It's basically a form of MBA Cargo Cult. None of these CEO's are worth the dirt it will take to burry them. They just monkey seed and monkey did with no understanding of what they were doing. And for that they get rewarded.

I've worked in mfg most of my life and every company I worked for tries to implement 5S, JIT, Lean Mfg etc. But the problem is a cultural one. In Asian society the kind of cooperation needed to implement these systems is taught and ingrained early on. In the US where the Individual is prioritized over the group it is too difficult to change the mindset, which is why these systems never fully get implemented correctly. This is a great video to explain supply chain basics to people. I don't think we will ever fix it but at least you can explain what went wrong.

@@nnakawatase5305 Asia is enormous. In Japan, where it was born, they have a different culture, yes, also a different education. They do, however, respect each other's individuallity to a bigger degree than any other western cultured I've expirienced. That's key to their success. Since they're 6 yo, they even go to school on their own, and noone messes with them. Also, school education is very different. Most of them don't even have janitors because they teach each kid to clean up after their own mess. They know what's their job, where it ends, and where the other begins, and their goal is to deliver their part of the job as good as they can, for a matter of principles and respect towards the next person in the work chain. There's a saying in japanese culture, unrestricted respect for the other one's life's project.

So cool because from Japan. Jdm life. Anime is cool 😎. Piss off mate

@Peter P at this point they should do it for national security :/

Yea ,world would be a better place if we had MORE factories and every country can produce their own goods they need . But it is not how things work. People specialize

@@lovrovalentic3056 which makes sense in this globalized community but things like computer chips are pretty core to very significant parts of our society and right now its production is extremely centralized.

Countries aren’t designed to be independent anymore. Globalists have been imposing their will and have succeeded.

@Peter P the us is already doing this for semi conductors, as taiwan is about to get invaded, and in this case half of the world is going to crash, as its literally 90% of all semi conductors aka phones, cars computers and every electronic ever.

On the other hand, people realize they don't really need all the crap they think they do.

And we’ve prioritized this thanks to the lack of foresight by shareholders. If they solely care about short term growth and revenue they’ll dig their own grave

Yeh cos governments didn't want it that way and they were so so blind, until next time they believe their next lot of illusions that lead to other problems lol problems will always arise though regardless and nothing stays the same... but damn everything right now is one of the biggest screw ups in history for sure, people were taught to think SO short sighted in schools too where it was just about making money and pretending to look like you were doing something lol but none of it was worthwhile it was just a crushing weight on denialism. One thing that does need to change in the next society is not forcing all out conformism to a society cos that is also crushing to who we are and against human right too to deny letting people be who they truly are in the name of conforming and it doesn't have to be that way if a society just only gives people what they really need, doesn't waste and isn't so much about the reputation, money, power, fame or recognition and if they have enough flexibility to let people be that then god knows they won't need to force people to conform when they love the world they live in lol and they understand the fundamental reasons why we live the way we do. As a 1990s baby god knows i've hated the society we live in the entire 31 years i've lived so far it's ugly and i've felt nothing but the crushing weight of people wanting me to conform to a world i didn't like nor felt passionate about, but we gotta live in a way that's realistic and keeps us from fooling ourselves into more illusions too cos i've suffered not being taught to see things realistically and not raised in a way of living in a world that's realistic and solves problems realistically, it's been super hard for me cos i feel like i REALLY needed to live that way from day 1 and now i'm struggling to adapt in my adult life and i'm defo not the only one whose like that, it's definitely better for everyone really our world is always open to the bigger picture of everything.

Hey, those quarterly reports have to look good for our shareholders!

They can't afford long term planning like that. It eats into short term profits, which would lower stock valuations, which would cause market recessions.

Morbid greed or logistic Efficiency, different words same meanings. Cut their, save here, layoff there, and after trimming the fat they had no padding. Now we gotta bail them out? Now we gotta give em empathy and understand?

To be followed by ‘too little, too late’

Oooh snap!

@@gumnaamaadmi007 to be followed by "Just the end"

@@TheTechiemoses We already bailed them out. The pharmaceutical corporations received billions to manufacture & sell the vaccine.

It was morbid greed the whole time. Everything in this shortage come down to "efficiency" aka morbid greed. Cut here, reduce here, layoffs there and bump then crash. Cause of greeeeeeeeed!!!!!!

They are amateurs who struggle with basic finance and economic concepts. Grab a textbook before relying on this ad generating algorithm. Seriously, it's entertaining but not at all reliable

@@TheTechiemoses yes if only greedy consumers didn't prefer cheaper goods we wouldn't need these supply chains.

@@TheTechiemoses Ig the problem is that you, as a company, can ill afford to not be greedy. If you aren’t greedy, you can’t have lower prices, if you can’t have lower prices, someone else will and you won’t have a company anymore, therefore you can only exist if you do this. It can be called a flaw in capitalism, but it’s really just a flaw with any large scale production. Since everything is necessarily large scale, no matter what system you choose, so long as it contains large scale and complex goods manufacturing, it’ll have this issue.

@@rashid8646 your right but that means is caused by presvese instevestevies in the system it's self which is a problem just one that's a lot harder to fix.

The millisecond price change and exchange of stocks and the executive payment through stocks has become the bane of humanity.

"Sure, we destroyed the world(economically and physically). But for a brief time (25+ years so far) we made incredible gains for the shareholders."

We are living in the most prosperous time in human history

@@CaptRye i imagine two guys next to a post apocalyptic burn barrel and one guy is saying, "i consistently had 17% returns for 12 years, Gary. 17%!" while a rat runs away with their last piece of bread.

@@blakereader6661 But it remains to be seen for how long we can keep this up. The US and other countries took huge new debts and are printing money like crazy, which in turn will raise the inflation rate. And there are always talks about the bubble on the stock market that could burst any minute. A lot of uncertainties for the future. Lets hope they dont mess it up, i love my lifestyle and dont like to give it up lol

You hit it right on the head. Principles, principles, principles! Details differ, but principles prevail.

Just in time shipping relies on perfect conditions, which as you know better than me, doesn't resemble reality 🤣

*exacerbated. Anyhow I bet some of your stories are legendary. I used to work with a machinist who recalled, in his youth, getting paid to ride his Suzuki 1000 at stupid speeds to take a simple chunk of carbide to meet up with a guy in a parking lot to keep a heavy equipment line rolling. These planners are sketch!

I had the same thought going into the video, although I don't have any experience in it yet

Also the irony when almost _nobody_ can get into the country but you’re holding a box boldly stating it’s from x overseas country. Deliveries yes, people no.

25 years in trucking and totally agree, People have no idea how quickly things will fall apart if those trucks stop rolling, The entire supply chain works on a absolute knife edge.

It's cause it was about shifting blame from 'morbid greed" or "business efficiency" to happy logistic accidents. Like we shouldn't be grabbing pitchforks, cause we gotta understand. It's easy. You see the trash with everything screaming. You see the ones building and creating. Not the same. Took 17 minutes to finally point the problem out.

@@TheTechiemoses What the hell are you saying?

@@pbj4184 I agree lol

@@pbj4184 there is a balance to understanding the truth

RIGHT?!?! I was thinking the exact same thing... 🙄

Best time to invest? thats funny tho because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.

you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos but now its a different ball game for me because I was lucky to have met "Tamara Diane Hagan", a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.

Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach Tamara ?

search her name on the internet to reach her

Shut up bot

Except for the cruise industry, as explained on their cruise industry covid video

Yup

Well, publicly traded companies anyways.

It’s ok to have some excess if you know that item it guaranteed to sell eventually. I’m learning this in retail stores.

The decline of Sears ought to be taught in every business school. Short term big cash grabs turn into long term catastrophes.

Türk 🙀

😅🤣😅🤣😅, this is way too accurate

Nice XD

I second it

@CrazyMiles Being devout is one thing; that's good. But that doesn't mean that you have to push your beliefs on everyone at once. Let them have their beliefs, pushing is never the way to go when you want to change someone's beliefs; better to explain your own in a conversation with a smaller group of people where everyone can express their opinion properly and understand the others without getting too angry.

Politicians, media, gov't, etc.

This comment deserves more likes. Surprisingly, not enough have liked this most basic truth of modern human society.

FINALLY!!!! SOMEONE ELSE GETS THE POINT! SERIOUSLY, THANK YOU!!!

This is a basic part of capitalism even though most people don't understand it.

No spending = no jobs. Your frugality is costing jobs

Decades ago, when I heard of "just in time" deliver, I know some people were already calling it "late" delivery. :-)

Little did we know, it would be all the industries at once. 🤷‍♂️

and this all came about because some bright bulb with a degree in economics but no real world experince decide a company could cut cost by not stocking anything till it was needed

@@Hotspur37 Yep I work for a company who have consistently forced us to reduce stock levels of electronic components year after year for the last decade despite us pleading with them that it was a recipe for disaster should something go wrong. Delivery times from the far east were already 16 weeks when everything was ok. Did they listen to us? No. What's happened now? Our sales have plummeted despite demand being high because we can't get components. Now they are telling us to reduce our wage bill (fire people) "because you don't have sales", and apparently that's our fault too. Idiots with a textbook are dangerous.

Just in time is also used to schedule retail workers.., it's hell. Basically most of those jobs don't give you enough hours so you need two jobs, so add just in time scheduling to that and you have to scramble to fix the schedule yourself by begging for people to take shifts or give shifts, and then if you don't get enough hours to pay the bills you sit by the phone all of your free time praying for a phone call.... That's bullshit.

All US business men want any profit in the next 24h ,, while wise business men thinking about long term,, in general US people has very short term memory

Having worked in an American based japanese country let me tell you there is *so* much more different between our work philosophys it's crazy.

@@MudakTheMultiplier Would you care to elaborate? I find this very interesting

@@lynx2 me too

.

My dad is a truck driver and gets $24,000-fluctuating a week including businesses, hauls lumber & palettes and more, he's a really good businessman. Needless to say, sitting on your ass for countless hours driving is tiring, even truck drivers working for the Union/Film industry got $3,000 a week. Pretty sure this applies to most jobs; people shouldn't be paid so little, especially because inflation over the years has already taken place and the wage barely goes up. Used to work in the Union until film industry in florida died and Scott doesn’t want to sign the bill.

What are you talking about? Who wouldn't want to do long, tiring hours for a wage that can't even pay their rent??? Choosy beggars if you ask me.

slave wages for most in trucking. I am happy with my pay by the HR driving job. never go back to pay by the mile.

Transportation will migrate to AI with zero accidents, ultimate efficiency and no more texting, stupid aggression and gridlock.

This is how capitalism works, it sets a value on your time, etc. Communism is ran by the workers for the actual people not the 1%

an engineer that can't spell college.. boy we are in trouble.

@@dennismusch1623 Yeah... embarrassing. It's not like Engineers have EVER made a mistake... at least it was just a typo and not a Billion Dollar Project. XD

Same here, I used to work for a major food retailer, from 1980s. It destroys farmers and farming. It destroys staff. It destroys the environment, and clogs roads too with lorries taking food to single distribution centres to then be taken across the country.

LIES

Every conspiracy post EVER : some guy saying he did some job and now he does not...just leaves comment on YT....smell the BS people..look thru the lines here. Martin was not a M and D manager for 30 years...he;s a fat kid in Toledo eating Cheetos and living in the basement. SMH kid

@@1Afattybombatty That's a decent rule of thumb I guess, but JIT's failings are not a conspiracy. Its negative impact on workers and infrastructure, and its fragility to market instability, is not only well-documented but is very clearly the cause of the current supply shortages that are empirically happening. In fact, it's so well understood that people who recognized what was happening were able to predict this effect at the very start of the pandemic. And you don't need to trust anyone's world to confirm this information, the raw data is available, sourced, and verifiable. Also, why would a kid have the pfp of a 50 year old guy hiking? Or lie about being in M&D? Hell, would even know that's a *job?* There's a guy in another thread blithering about how mass market bread has nutrients with the wrong electron count. Go after him

You're 100% correct.

Blame the Republicans and Clinton Dems on this. Their polices stressed short term over long. If a CEO was to take a long term view, he'll soon be replaced. The reason is that they tied retirement to stocks, so pension funds and individual investors just look at quarterly returns. Wall Street, which manages said funds, are compensated on those results, and so on. So the funds control the board, they construct the comp package, and the package is tied to short term stock results.

I read this comment as he said it

@@youferrer But, now, the Commie Dems are controlling everything, .....I'm sure life is going to improve for everyone!

@@MrJm323 While the Republicans cut your pay and fill their own pockets.

Sometimes patience is beneficial.

The truth is you were both half right

you won the battle, but lost the war...remember that

Yep. A 100-year event just means that there's a 1% chance of the event occurring in any one year. And given the level of impact, I think even a 1% chance is worth preparing for. Not to mention that in a rapidly changing climate, those 100 year events are going to happen with shorter return frequencies.

but seems no one wants to pay to build infrastructure for those events, most people want a low electric bll

The iodine comes from middle of Oklahoma! 80% of production! It not in Texas!

@@Vmaxfodder Texas gotta maje it about themselves.

Governor Abbott signed a law to winterize our power grid and the power companies screamed and cried and wailed and threw a lot of tantrums, and our power grid is still not winterized. And the Governor and Lt. Governor are not willing to start arresting these screaming infants that pass themselves off as CEOs to force them to obey the law.

I comment somewhat same from the East Coast. Truckers transporting goods overload the highways. One friend shook his head and said, "There's so much money to be made in trucking." The East Coast is alive with import exports coming in on cargo ships, trains, and big wheelers.

I work for a big name shipping company and we are having finding people to work in general, let alone drive trucks. The company is trying to innovate and offer more incentives to come to work, but it's still not enough right now. I don't remember seeing a shortage of labor like this in the 12 years that I've worked there.

@@matthewsmith9439 Biden is paying them to stay home with the extra $300 a week in unemployment payments on top of what you would normally get. Many leaders have pleaded him to stop but he won't. You haven't seen the creepy whispering he did last week? He told you right there what he is intentionally doing, he is forcing business to pay workers more. He is destroying our economy.

I think is is called companies maximizing their profits

It's all deliberate....is the real answer. The old normal is being dismantled in front of our eyes under the guise of the kung flu. There's a new normal coming.....they keep telling us....it's just no one is listening.

I read this comment at the exact time he said it in the video. freaky

That's why we keep building it upwards until a tower of Babel situation happens

Maldives: "You're right, we are sinking, F in the chat bois"

@@sil8127 I read your comment right after hearing the previous comment in the video

That reminds me of Wendover’s video on Marshall Islands

American companies tend to do things just to check the box. So a lot of corporations want to say they do things like Toyota but don't want to actually take the time to teach employees what that actually means (because that would be on the companies dime)

It all boils down to prioritising short term gains (profit for shareholders) at the expense of long term efficiency, just like everything else with the state of the world. Eat the rich

@@rafaelvazquez7465 So true, my father once worked as a sales manager for a company that made high impact plastic boxes and they insisted he educate himself on lean production and just-in-time systems on his own time, Thing is, the overall logistics of making high impact plastic boxes is pretty straightforward, your ingredients are just the raw plastic you form into the boxes and simple metal hinges and screws for the lids plus all orders are negotiated well in advance and in large quantities so its all a basic production line setup. So it was all a total waste of time, they just wanted to check that box on their project tables and make sure their execs and sales people would be able to sound trendy and authoritative when talking to customers and competitors at industry events.

All I saw in this video was Darwin's Law for natural calamity... and the few companies like Toyota have adapted quickly to the "waves" and just 'surfed' on it... rather than running away or hiding from it... which is naturally Humane, but also *HUMANLY STUPID LONGTERM* 🙁😑🥱

the 2nd have of your comment is correct

It's actually Port of San Pedro, not Port of Los Angeles. People used the name Port of Los Angeles to refer to both Longbeach and San Pedro to simplify letters of credit when boats showed up at the wrong one.

I was really trying to figure out where Port of LA was… lol. Thanks.

@@ernststravoblofeld If "by people" you also include the city of Los Angeles, then you are correct, but I don't think you meant that. San Pedro is part of LA. Saying the port is not in LA is like saying Wall Street is not in New York, but in Manhattan.

i didnt know they were that close, i live in long beach, and i thought the port of LA was a completely different facility, thanks!

@@lrdxgm he didn't say it's not in LA, he just said that "port of Los Angeles" isn't it's name.

Certainly puts the worldwide building sand shortage in perspective! Won't somebody think of the tapioca? #FreeTapioca

Wtf is wrong with u people 🤣

@@michaelchildish Tapioca is pretty cheap here in the Philippines, but all our video cards are scalped straight from the distributor.

At least now u have no mean tweets

At least there are plenty of flys for the ointment.

Many friend that can't keep a job for 3 months because he is lazy is a truck driver. I make $28.65 an hour and been at my job 8 years. In that same time every job he moved to paid higher. Truck drivers get paid a very good wage for getting to sit all day in a AC vehicle and drive.

but workers are SUPPOSED to be exploited and used up in a capitalistic system. of course, a lot of people have realized in the last year that WE ARE BEING EXPLOITED. they are not going back to work for as long as they can hold out. if no one wants to work for you maybe you aren't paying enough. (not YOU, universal you).

@@margaretjohnson6259 wait till the govt runs out of money

@@margaretjohnson6259 or maybe they just don’t want to work. There are plenty of places that pay well and no one was even putting in applications.

@@mikerada2773 the jobs may be crap. most people don't want to make a career of working at dollar tree.

I worked at a Toyota plant too and did a lot of cross campus JIT deliveries. Their level of efficiency is just mind boggling. Hectic as hell for us assembly workers but darn impressive to witness from a business perspective.

Awesome feedback! The workable system (JIT) is known and learnable. Many people know it. US manufacturing leaders who don't understand this should get their MBA tuition reimbursed and then they should get fired for failing to learn what was so imminently learnable. They exposed their organizations to devastating risk through their own negligence.

@@76MUTiger Nailed it. Beautifully said.

I used to run logistics and this is SOOOO True. People would take 3 weeks to decide to purchase a piece of large equipment then want it in 3 days across the country. and then complain about the shipping cost

It seems similar to what happened to US food production at the start of lockdown. The food was there in the fields and the number of consumers was the same but there was no flexibility in the supply chain to divert food destined for the restaurant industry into retail.

@@nanszoo3092 what? people who sacrifice long term stability for unsustainable shor-term gains don't plan ahead & expect instant gratification? say it aint so

Every truck driver I know is smart as fuck.

I mean how did we survive without the exact same boba tea that we're used to? spoiled af, aren't we?

They still hold pretty strong on their years required, but they're one of the best trucking companies out there.

jIT. Ah yes. It was always on the edge of disaster but US companies followed the Japanese model even though the US doesn’t have the same power & control over the industry

Something that I find ironic is that this model of continual flow manufacturing, where products are made and shipped in as small of a batch a possible to better facilitate quality and the economics of business, is a pretty new concept. Like, within the last 20 years or so new. It has existed before, but only got pushed recently over the previous style of batch manufacturing. I gotta wonder how much of this shortage-demic was due to a newer style of business that relys on a prefect functioning system to work.

liability for you.... advantage for who?.... figure out how the world works already...........

@@BW-fe8dq o9ooo9lo

@@insiainutorrt259 ?

Maybe we should begin the opening of new ports. It seems that we are bottle necking imports but as the video pointed out. That is only one part of the problem.

@@welshie2007 too bad they don't have job guarantees or accessible training

meanwhile Bezos, Branson, Musk, etc. are wasting time on a personal space race instead of collaboratively building temporary docks, a system to redistribute shipping containers, etc. like they would've in WWII

Wow! Maybe instead of silly political barking, media could discuss actual current events.

Why

what type of class is that business management? financials? (highschool new upcoming graduate here, trying to know the world better)

@@disunityholychaos7523 Supply Chain management. Huge career opportunities in it, if you want to learn more of what it entails is lean six sigma certifications. Most business schools have a supply chain management major. I study Management Information Systems that touches on those topics too, but not in as much detail

@@bufonrox Cool TIL, thanks for letting me know cheers!

Current supply chain management major here. Feel free to PM me if you have any questions about the field or want to chat on the topic!

Great, you guys are studying it yet we still get caught with our pants down. Guess the only way to fix a problem is when it comes up and smacks you in the face.

x1.25 speed

True! But he would pronounce them Cohm-Ahhhs!

commas and vowels now in critical shortage

And. Critical. Pauses.

Lol, slow it all the way down 😶

That wasn't very kaizen thinking, moving to another company. 😜

No kidding...I work at Intel where some of the factories I've worked in have tried to adopt some of the principles of Kaizen. It doesn't work if you adopt only some - you have to go all in or you end up just getting frustrated that your suggestions are ignored.

Same goes with the company im currently working for. Coworkers have been discussing the kaizen principle but management doesnt want to listen..

My employer only implemented the just in time aspect of lean. Without any of the other practices, we are constantly short on parts. Even when there isn't a pandemic.

@@GeneralChangOfDanang Then just blame it on the buyer and planner, right? That's why there are always job openings on them.

YEP,, I quit 2007, worst job I ever had.

@@thomasbrown7728 I have done worse. I once worked for one of those companies that calls you to do (mostly political) surveys. I have also been a movie theater usher (wasn't a bad job but not something I'd do again), numerous call center customer service jobs. Trucking has been my best fit for pay and job enjoyment but we're definitely way underpaid considering the time away from home and actual hours worked (big brother only knows about the 70 clock, but not what we do off duty) plus the stress and horrible health conditions (sitting all day, very little time to exercise, etc).

US drivers get a shitty stick, especially long haul.

This is why you need a secure southern border.

@@bluemm2852 You know that most illegal immigration into the USA doesn't actually come through the southern border right? That you are just repeating nonsense that has long been debunked? Also that when the USA was at its strongest and paying decent wages the border was wide open and people crossed all the time. Its almost like you are aiming at the wrong enemy here.....

I just wanted some tapioca now I learned something about Toyota Fuck I'm late for work

Where is your boba shop?

In the future, many books will be written about the failures that occurred during this pandemic.

The chip suppliers today are telling Ford, GM, and C-F to go eff themselves.

#JESUS FIRSTt Jesus Is Love And The Way And Truth And Life And The Only Way To Be Saved Through The Creator Of All Things To Jesus Be The Glory

@@nc4tn Need more silicon to mine Dogecoin.

And smashing the place up and/or burning it down doesn't help either.

I'm glad I am not taking your econ class then. Covid is not directly the only thing responisble for these shortages. Everyone blames everything on Covid. I bought a fridge the other day and they didn't install it correctly bc "COVID" it is truly dumb

someones comment was deleted so ill ad what i can see of it "filmolosophy replied: He doesn't go into ANY detail as to why there's a trucker or worker shortage though. Horrible government policy paying people MORE money to sit at home unemployed is the origin for all of..." and there it is. Policy makers created this economic crisis/shortage. Very true in my opinion. People wanted to still work, until they were paid more to do nothing and what do ya know...we got a shortage of workers and therefore supply chain issues. Of course...that is not the entire reason. But this video completely ignores that and goes into minor detail over "not enough ports open for ships, not enough workers to fulfill orders" the economy could have still been moving if people weren't incentivised to stay home. This is evident when you go to your local fast food resturant and see the sign "We are not open during normal hours because no one wants to work for $10/hour when they could get $700/week from unemplyoment"

Bullshit their are only bad teachers not bad students

@@mclovin9151 They could pay people a better minimum wage as they do in some European countries, a livable minimum wage.

And then when your house's owner doesn't get their rent check, they are now without income for the month...

Strange. My paycheck is never late. Any employer that delays paychecks is not a reputable one. However, there are times that I can't withdraw money thanks to ATM issues.

Same way the whole economy works.. No economic growth / no-one is taking out loans = crash.

#JESUS FIRSTt Jesus Is Love And The Way And Truth And Life And The Only Way To Be Saved Through The Creator Of All Things To Jesus Be The Glory

Actually, that's the interpretation that most companies had, but if you listen to the video, that's not how it's supposed to work. It's not a complete lack of inventory (or in the case of your example: cash in the bank), it's a lack of excess inventory - unneeded inventory that just takes up space. So instead of living paycheck to paycheck with an otherwise empty bank account, you have a cushion of money (maybe enough to pay your rent for one month, maybe more), just in case you have something go wrong and your paycheck doesn't cover your rent one month.

It's a bit of both imo.

If the products are not on the shelves, then it is reality, and scarcity.

we're gonna find out pretty soon how your hypothesis stands out. water, even though the world is covered in it, is on the verge a change in matter, it's gonna snowball so fast, it's already started, but guess what? no matter how rich anyone may be, when a specific time clicks past, our role will vanish as the rest of things do. extinction. what is pretty cool is we reached the end of an age, in knowledge (that wont help much,) but it's been pretty cool, compared to some that lived even 100 yrs ago. antibiotics and health care are going to round us all up at once, instead of 1/2 populations die offs that would have maybe allowed this train some more track to roll on.

@@buckwheat7424 If profound scientific breakthroughs/advances buy us/the planet some time, then there's hope until the next breaktrough and so forth and if we make it just in time for Transhumanism or should I say: Transcendance. Then we averted catastrophy... it's a long shot, but duable in theory. This generation doesn't give us much hope, but there's always that high IQ person (a Biological certainty) that will lead ahead and leap us forwards, even though surrounded by a mass of ignorance as it always have been; a few buying us time. When it comes to water, well that jury still out since we moved a bit on desalination process. Overpopulation is quite scary indeed, but we all eventually die. Numbers are in our favor now since this generation doesn't want kids or can't afford them (for us in the west), but of course that's another topic entirely.

@Sam Ling indeed and im not taking the vaccine

More with Less becomes Everything with Nothing

at college, this is what they taught us too but i never learned it in simple words as sam made it out to be lol

Yup, despite the fact that producing automobiles is nothing like producing Food goods or much else. Basically, every company that operates like this has almost every essential position performing the work of what should be 2 other employees along with their own work. No one in charge knows what they do or how they do it. These companies also typically have way too many high level managers, directors, vice presidents and C-Level employees that don't contribute much. LEAN right? These same companies probably had this toxic leadership element working from home throughout the entire COVID pandemic relying on the "Essential" employees to drive on and earn their bonuses for them. Now everything has to go back to the way things were because "Reasons". It's going to get worse, much worse with the coming inflation as well.

@@shauncalton815 Best comment. I agree completely.

And failing miserably in regards to doing it properly

It would be funny to watch companies who pay their workers shit wages be so confused as to why there is a labor shortage (while companies who pay a livable wage have no such issues) if it weren’t so distressing.

And a friend told me that his company couldn't get enough drivers who could pass the drug test.

Many trucking companies can't afford to pay drivers more because they have to compete with rail.

@@linrachelsc5564 chances are that most drivers non druggie drivers aren't even applying due to their salaries practices.

They're is an actual shortage

Also a lot of "you see"s

Goes back to the 13th century: en.m.wikipedia.org/wiki/For_Want_of_a_Nail

@@jasonnugent963 Who would have guessed that Tokyo Drift went that far back 😉

@@robfenwitch7403 Fast and the Furious 15: Medieval Time Warp

This is an old, old proverb, not a new quote from a screenplay. It's easy to find on Google, don't folks actually look up information anymore? We have access to it, why not spend a few seconds and avoid putting out incorrect information? I'd rather be slower and more precise than quick but erroreous.

@@shawnwales696 nah, it's from the uncle in FnF TD

Erm, I'm not sure how to break this to you but "The Division", right? It's just a computer game, it has nothing to do with real life.

Terry, ever heard the phrase art imitates life? You sound like a douche. LOL

@@terrydaktyllus1320 I know, but I meant to like reference how they talked about the supply chain in that game. I’m not referring to the actual pandemic in the division

Mainly it was the arctic freeze that happened in Texas for a week. It affected everything.

As demand increased for parts made in Japan and China too !

Hell, humans love to live by quick, easy, and oversimplified concepts generally as opposed to more nuanced ones. Much of the shit that is taught to us as "reality" in school is often far more nuanced and complicated.

That’s true. And you can’t put some orders according to your choice. They will send what they want to.

Yup, I work for a small company that manufactures most of its own items. We constantly have issues with inventory because the production manager doesn't have the skills to analyze production data to keep shortages from happening. What's most frustrating is she refuses to educate herself on new systems/ways of doing things that could help eliminate shortages.

@toijg avnnr but it is the shortages that hurt the customers in the end. The government needs to mandate a level of inventory of key supply component inventory at all times for issues like this.

Best answer here

Exactly!

Billy Joel rules!

Underrated

Annnnd... great reference!!

Yes, Yes, The Reference!!!

beautiful summary

Hardcore parkour!

to semiconductors

PEACE PROSPERITY BONANZA ABUNDANCE FREE THINKING

PEACE PROSPERITY BONANZA ABUNDANCE FREE THINKING

Same as me, I once worked in Japan and resigned before shit happened at my company. My old friend that worked together told me later that it was like hell at that time.

You think your retirement is safe and secure from a collapse of the current banking and stock market think again the time from 2021 to 2030 are going to be a reset of everyday life and “built back better” is what is to replace this current system. Which means loss of constitutional rights and no private property. Only essential businesses stay running and all oil industry goes away. Everything rationed for the population. Supermarkets won’t have enough to go around. The farms are already being destroyed in america

Not complex execute guilty politicians that orchestrated all lies imaginary new virus that is thousand year old flue affecting mostly retired seniors and terminally ill

Yes very true. They've been weakening the structures for a long time

Bailouts are technically illegal and nobody should be given a free ride!

The bailout money goes to share buybacks that reward company executives.

Cruise lines when taxes are due: 🇵🇦🇳🇴🇨🇱 Cruise lines when the US is giving out billions in bailouts: 🇺🇲🇺🇲🇺🇲

@@MisterEC1 Bailouts then are companies paying themselves more money? What the bloody hell happened to good old fashion capitalism where you lived or fell on your own success or failure?

@@kylehill3643 I'm no economist, but it seems like government is in bed with corporations and banks. The good Ole boys club? Freemasonry? Crony Capitalism?

"Take the rope to the tree and lead the way with your last gasp".

How milk is made... a long exercise in microbiology? 🤔

@@jjbarajas5341 well I mean how milk is processed after the cow part

Sooooo....... are you going to explain to him how babies are made?

@@yohoyoho13 well considering he has 2 demon children, I’m gonna skip that part.

This comment is utterly milkable.😂🤣