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Evaluation: Breakages in world provide chains can seem dramatic. The six-day blockage of the Suez Canal when the 400-metre Ever Given ran aground. The Marlin Luanda burning within the Gulf of Aden, struck by a Houthi missile. The Francis Scott Key Bridge crumpled into Baltimore’s harbour.
The results of those provide chain difficulties, as we realized in 2021 and 2022, aren’t dramatic. They’re grim, they’re grinding, they’re irritating, they’re pricey.
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