What is the current economic crisis doing for supply chain survival. Short answer--not much. With so many firms needing business, those who are buying may get good deals, but it is definitely a buyers market. The currency movement make it difficult to even hedge intelligently. Is the euro teetering on the brink of collapse or not? Is gold at the peak or just getting started? Why is the yen so strong when the Japanese economy is so weak? Will the Chinese try to make the yuan a reserve currency? Will the dollar continue its decline as a reserve currency? How high will the Canadian dollar rise? We are sailing in uncharted waters. But, as I emphasize and reemphasize in my book, to do nothing is speculation, and with the current volatility, that can mean big gains, or business destroying losses.
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