---
title: Supply Chains of 2020 Needing Repair Now Are the Banks of 2008
description: Corporate executives surveying the damage from their bruised supply chains are hearing lessons from the past about the risks of waiting too long to change.
---

[NEWSLETTER | World Trade Center Miami ](https://blog.wtcmiami.org/blog)

# [Supply Chains of 2020 Needing Repair Now Are the Banks of 2008](https://blog.wtcmiami.org/blog/supply-chains-of-2020-needing-repair-now-are-the-banks-of-2008)

 Written by [Bloomberg](https://blog.wtcmiami.org/blog/author/bloomberg) | Jun 24, 2020 5:26:31 PM

Now, in the early months of the Covid-19 pandemic, global supply chains are drawing parallels to the financial companies of 12 years ago -- crippled by an unexpected shock, exposed by flaws in their sophisticated instruments, second-guessed for pushing the public close to panic, diagnosed for a once-in-a-generation overhaul.

[Read more. ](https://www.bloomberg.com/news/articles/2020-06-16/supply-chains-of-2020-needing-repair-now-are-the-banks-of-2008)

[View full post](https://blog.wtcmiami.org/blog/supply-chains-of-2020-needing-repair-now-are-the-banks-of-2008)

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