Wednesday, April 6, 2011

A worldwide economy working as one does not work

Toyota will shut down ALL U.S. factories after Japanese earthquake

Toyota is to shut down all of its U.S. factories because of parts shortages caused by the Japanese earthquake. The shut-downs are likely to take place later this month, affecting 25,000 workers Toyota has about 500 companies supplying parts in North America, but many of them get components from Japan that might not be available.

Posted by mark @ 11:11 AM (1220 views)
Please complete the required fields.



7 thoughts on “A worldwide economy working as one does not work

  • Looks like they will have to shut down some of their food factories as well.

    Radiated seafood is off the menu. Yes, globalism doesn’t work, but that’s not what it’s really all about.

    Yet another Red Herring, beg your pardon.

    Reply
    Please complete the required fields.



  • Rental John says:

    Not true HPC… but will still have a knock on effect on the real economy. If Japanese production lines are stalled,wherever they may be in the world, then it will also effect other suppliers in the ‘just in time’ supply chain – even if they thought that they were not directly involved. Workers will be put n short time, or even laid off….etc. etc….

    Reply
    Please complete the required fields.



  • One high-profile failure in the global supply network shouldn’t overshadow the millions of success stories around the world. A return to high inventories and local supply chains would be inefficient and expensive.

    Yes, globalisation does put the whole supply chain at greater risk. I still remember the year 2000 oil refinery blockades, and the national paralyis that caused. However, how would you feel if the government told you your company isn’t allowed to import widgets from Japan, even though they’re a quarter of the price of locally-sourced widgets, just because of the rare chance that a freak tsunami might cause the supply chain to slow down for a few weeks?

    Let’s maintain some perspective here. It’s no fun for the workers who have to go without pay for a few weeks; but it’s only a temporary blip in the wider scheme of things.

    Reply
    Please complete the required fields.



  • 4. drewster

    We were doing alright before this globalist/traitorous crap. Why mess with it.

    Reply
    Please complete the required fields.



  • drewster what about food? should countries be so reliant on others for the supply chain, this is not a small blip if another earthquake hit japan then what, very likely to happen again.

    Globalisation is only efficient when it works and transport costs are low, supply countries have cheap labour, CO2 issues etc countries need to more self sufficient too many things can go wrong and the butterfly effect can be dramatic

    Reply
    Please complete the required fields.



  • 4. drewster

    Try telling that to the next generation of Japanese children.

    It’s disgusting the way that this fallout has been covered up. And now we all have to eat higher permitted levels of radiated food which has

    just been put into regulation.

    Globalisation?

    Humanity is nowhere near ready for such a concept and that’s why it troubles me and should also, any other thinking person.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>