The pandemic has wreaked havoc with the supply chain since early 2020, when it forced the closure of factories throughout China. The seeds of the current problems were sown last March, when Americans stayed home and dramatically changed their buying habits — instead of clothes, they bought electronics, fitness equipment and home improvement products. U.S. companies responded by flooding reopened Asian factories with orders, leading to a chain reaction of congestion and snags at ports and freight hubs across the country as the goods began arriving.
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I call BS simply because its the NY times via the Ap.
ReplyDeleteChutes Magoo
and with the ever green stuck in the suez canal, (1/4 mile long, third largest ship ever constructed), the global supply chains are in for some serious disruptions.
ReplyDeleteDid you see the route the ship took? I call bs, it was a deliberate sabotage of the canal to disrupt supplies to europe.
DeleteExile1981
People wanted a global economy, we got a global economy. Easy thing to say: We should have stayed at home.
ReplyDeleteThe downside of "just-in-time" inventory systems.
DeleteI have been noticing tightening supplies of parts and materials needed by my employer. We've had to extend lead times for customer orders for certain products because lead times for the parts/materials used to manufacture those products have gotten longer. (Some are up to 26 weeks!)
ReplyDeleteChina will continue pushing to build their troop train, oops, freight train line to Europe.
ReplyDeleteit's okay, they have to get them through the ring of united states military bases that surround their country, "defending American shores".
DeleteStop buying shit not made here.
ReplyDeleteProblem solved.
I'm just going to go ahead and call bullshit on this story. This is just more " China trade is good for us" propaganda. Last I checked Walmart is still pumping out cheap trinkets and paying shit wages while destroying American businesses locally.
ReplyDelete