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Nassim Nicholas Taleb @nntaleb
4) A logical error is to focus on production costs. The problem can be mostly logistics. China dependence = Shipping. An extreme example: a tomato at Cosco selling for $1 costs 7-18c at the farm, 1-3% end margin, so between 80-90% transportation, warehousing, perishability, etc. https://t.co/P9AkpvFRDi — PolitiTweet.org