Supply shortages and emboldened staff in a changed economy
Employees at a fast-food restaurant in Sacramento, California, feeling exasperated over working in stifling heat for low wages, demanded more pay and a new air conditioner — and got both. Customer orders poured in to an Italian auto supplier, which struggled to get hold of enough supplies of everything from plastic to microchips to meet the demand. A water shortage in Taiwan magnified a worldwide scarcity of computer chips, so vital to auto and electronics production. The global economy had not experienced anything like this for decades. Maybe ever. After years in which ultra-low inflation ...
Source: taipeitimes.com
