Your Efficient Markets at Work
April 19, 2012 7:08 AM Subscribe
How a fire in a small German town threatens to cause a worldwide car shortage. "When a fire in the small town of Marl in the west of Germany closed down an obscure chemical plant on 31 March, it barely made headlines." Now according to a recent IHS Automotive report, "shortages of the obscure component are 'likely to be serious.'"
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