The Memo by Howard Marks cover image

The Pendulum in International Affairs

The Memo by Howard Marks

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Offshore Procurement Is the Science of Choice

Companies and countries found that massive benefits could be tapped by looking abroad for solt s. The invasion of ukraine has shown that europe's importation of oil and gas from russia has left it vulnerable to a hostile, unprincipled nation. In this way, off shoring may help a compani's, or even a country's domestic profile, while being bad for the world as a whole.

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