Food Shortages in the US Underscore the Weakness of JIT Inventory Systems
The mass media is currently in a frenzy about spot shortages of rice, flour, and cooking oil at COSTCO stores. I’ve fielded seven radio interviews in the last couple of days. The only good news is that we set an all-time record yesterday, with 22,217 unique site visits to SurvivalBlog in one day! The rationing situation is getting worse. Several SurvivalBlog readers sent me this: Wal-Mart’s Sam’s Club limits rice purchases. Meanwhile, we read in The Washington Times: Americans hoard food as industry seeks regulations. Josh Gerstein, the reporter that interviewed me for the recent New York Sun piece, just …