Prof. Anusha Chari of the University of North Carolina on shocks and capital flows in emerging markets
Scientific Sense ®
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Cove Crisis
You take all flexibility out of a system. He sols a, thenermi some sort of optionality for this firm. The mroblem it taking off charity out of it and flexibility out of it is that when you get a shock, it becomes very brutal. That's whont we saw in cove 19. We av absolute, absolutely. I just agree with you a hundred %. Like, you know, there's no inventory rit and so it's cross industries. If you have no invantory, i one, as you said, it it works beautifully. It's highly efficient. But you know, as soon as you have something breaks down or parts are not
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