Supply Chain Disruption - Tom Wheelwright, Peter Goodman

Join Tom Wheelwright as he discovers how small business owners can gain resilience, forecast the future of the supply chain, and build a disruption-proof strategy with his guest, American economics journalist and author, Peter S. Goodman. Peter S. Goodman is the global economic correspondent for The New York Times, based in New York. He appears regularly on The Daily podcast, as well as major broadcast outlets like CBS News, CNN, the BBC, and MSNBC. He was previously Executive Global News and Business Editor of the Huffington Post, where he oversaw award-winning investigative, international, business, and technology reporting. In this episode, gain a deeper understanding of the supply chain playbook, exactly how the pandemic dramatically increased prices, and how much it will cost small business. Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: https://winwinwealthstrategy.com/ 00:00 – Introduction 02:40 – Engineered Scarcity in Our System. 04:16 – What caused this? 07:26 – Monopoly Power & Extortion. 12:33 – Disruption Optimized for Big Business. 15:41 – What Small Business Should Do. 20:09 – Subsidies & Manufacturing in the US. 25:00 – The Risk of Short-Term Thinking. 27:11 – How to forecast needs in your strategy. 29:09 – Important Tips for Small Business. 33:33 – Can Technology & AI save us? Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. https://wealthability.com/tom/ ********************************** PODCAST: WealthAbility® ********************************** Listen & Subscribe on iTunes, Stitcher & Spotify! https://wealthability.com/show YouTube Playlist    • The WealthAbility® Show   ********************************** Resources ********************************** Tom’s Book: Tax-Free Wealth https://taxfreewealthbook.com Visit WealthAbility® https://wealthability.com/ Sign up for Tom’s Free Weekly Report https://wealthability.com/getreport/ Schedule A Call With My Team https://wealthability.com/schedulecall/ *********************************** Social Media *********************************** Facebook (Tom Wheelwright)   / tom.wheelwright.cpa   Facebook (WealthAbility®)   / 4wealthability   Twitter (WealthAbility®)   / wealthability   Instagram (WealthAbility®)   / wealthability_now   Youtube (Tom Wheelwright)    / @tomwheelwrightcpa   Looking for more on Peter S. Goodman? Website: https://www.petersgoodman.com/ Books: "How the World Ran Out of Everything" "DAVOS MAN: How the Billionaires Devoured the World" Facebook:   / peter.s.goodman   X / Twitter: https://x.com/petersgoodman LinkedIn:   / petersgoodman   DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction. ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.