Ongoing challenges in component supply, exacerbated by restrictions in China, hampered the industry’s ability to fulfil demand.
….
There is good news in the product mix. Diesel and petrol fell and battery vehicles rose. But overall the marked decline is the issue.We are in a country in recession territory now and the government is showing not the slightest sign of being aware of it.
Excess demand over available supply is evidence of recession now, is it?
Not to defend him, but it depends dunnit ?
If I need a million widgets to build the Molesworth Peason Electronik Brane but can only get 100,000 then my production run is screwed. I can mitigate this by increasing the price, but unless I can find an alternative, I am in serious danger of going out of business.
Otto, if you can source 100,000 widgets you could perhaps fall back on producing a Hauptmann Kartoffel Elektronik Brane instead?
Might be amusing to throw this in for The Sage of Ely to
choketo opine on?https://watt-logic.com/2022/06/13/network-charging-reform-3/
this too?
M1 is looking pretty high to this peon…
TMB
Too early, Halloween’s not for months yet.
OT, but The Adam Smith website has been inaccessible to me for quite a few days now. Something my end or anyone else not having any access?
No trouble here with the ASI
I think we have established that his credentials as an economist are even more fraudulent than his accounting qualifications. His main accomplishment being a blanket ban from every hostelry in Downham Market (still
Looking for the link in the deep web unfortunately)
100,000 widgets should be enough to build a Fotherington-Tomas Electronik Brane.
Or 100 Prof Murphy Electronik Branes…