A 25-year timeline of global shocks from Y2K through COVID-19 shows how interconnected economies mean any crisis anywhere disrupts supply chains everywhere. Today's logistics networks are fragile.
World has proved it again and again, and let's not go far back. I'll talk about just 25 years ago. If we start from that point, we have had, I think, every few years either an epidemic or a pandemic or an event which equals that. Let's start from Y2K, and then SARS happened, then global meltdown happened. Then we had 9/11, and then we had tsunami, and then we had corona. And then, uh, since the beginning of this decade— half the decade has gone— geopolitical tensions and wars. And today's world is so interlinked that the supply chains get disturbed irrespective of wherever it is happening.
