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Global Shipping Update: China Is About To Wreck Your Summer
Posted on 4/25/22 at 8:08 am
Posted on 4/25/22 at 8:08 am
From bad to worse...
Hard to imagine and prepare for something like this, but the once in a lifetime event scamdemic was our warm-up exercise. Is there a need to stock up on durable goods, tools, clothes, appliances, etc.? What about consumables like energy/fuel, home products, food, and water?
ZeroHedge
Why is China enacting Orwellian lockdowns when the rest of the planet is loosening restrictions?
At what point is it a good idea to begin disentangling our economy from China's? Now? A decade ago?
Hard to imagine and prepare for something like this, but the once in a lifetime event scamdemic was our warm-up exercise. Is there a need to stock up on durable goods, tools, clothes, appliances, etc.? What about consumables like energy/fuel, home products, food, and water?
ZeroHedge
Why is China enacting Orwellian lockdowns when the rest of the planet is loosening restrictions?
quote:
The extended Shanghai lockdown is morphing into a logistics disaster as trucks trickle into the city, leaving empty containers piling up at the world's largest port.
quote:
The coming volume drop in ocean container volumes (TEUs) leaving China for US ports is staggering. Our Ocean TEU Volume Index in SONAR now has a 14-day forward look at volumes, and it looks ugly. By early May 2022, we could see the lowest levels we’ve seen since May of 2020.
quote:
Is the slowdown in Shanghai at all welcome? That's the big question.
To the extent US merchants have ordered too much inventory in the face of falling demand, perhaps.
But Fuller notes there are just too many questions. For starters, what is China doing? Every other country on the planet is loosening restrictions.
At what point is it a good idea to begin disentangling our economy from China's? Now? A decade ago?
Posted on 4/25/22 at 8:11 am to Perfect Circle
Well, maybe we can clear the backlog at our ports.
Posted on 4/25/22 at 8:12 am to Perfect Circle
quote:June 4th, 1989
At what point is it a good idea to begin disentangling our economy from China's? Now? A decade ago?
Posted on 4/25/22 at 8:24 am to Perfect Circle
Dont worry the gay mayor will fix it
Posted on 4/25/22 at 8:34 am to Perfect Circle
The Left in our Nation desires to be the arbiter of all basic goods and services and are crashing the status quo (Capitalist) System in order to "fundamentally change" it. The Right knows this, but also realizes that Systematic channels of addressing this are fruitless, as the System IS corrupt in service to "fundamental transformation". So, stock up and and strap in. Things are going to change pretty quick, even if the Right takes over Congress. Sooner or later the corrupt 'Deep State' will have to be confronted. Jan. 6 was a 'happy hour' compared to what will come, given unbridled immigration. From 'sea to shining sea'. No way any 'government' can handle that. This 'computer' will likely be one of the first 'casualties'.
Good luck to the Board Brethren.
Good luck to the Board Brethren.
Posted on 4/25/22 at 8:38 am to Perfect Circle
China is about to have some massive starvation go on there. I've read that farmers get arrested for covid violations for being in their tractors alone. That's in addition to truckers dumping food to avoid going into cities and being locked down in their trucks.
Posted on 4/25/22 at 8:40 am to loogaroo
This is one way for our illustrious Tranz Secretary to accomplish his job
Posted on 4/25/22 at 8:41 am to Perfect Circle
quote:
China is going to eat our lunch? Come on, man,” said Biden, who last week announced his bid for the 2020 Democratic presidential nomination.
Posted on 4/25/22 at 8:42 am to Perfect Circle
quote:
“I mean, you know, they’re not bad folks, folks. But guess what? They’re not competition for us.”
Posted on 4/25/22 at 8:44 am to Perfect Circle
quote:
At what point is it a good idea to begin disentangling our economy from China's?
Should have happened under Obama. Started happening under Trump. Though Biden has been quiet about it, decoupling has continued the last year.
We should leave some production there, but should cut it in half. Spread that half around other places in asia. Latin america and mexico if possible, and a small part of it bring back here.
This post was edited on 4/25/22 at 11:23 am
Posted on 4/25/22 at 8:44 am to Perfect Circle
China has done to the US what Apple did to the average consumer.
Started with PCs, then iPods, then phones. Now, add in the cloud and the fact it all works in an ecosystem that is completely fricked if you step outside the ecosystem. I’d maybe buy and android, but I won’t even look at them now that I’ve got years of pictures, settings, notes, etc. that will all evaporate without some serious effort to migrate it off.
China has done that same thing to the US. We are so intertwined with them that removal would be just short of cutting out our own heart. It’s almost impossible, but it’s the only way to reduce their influence on the world.
Started with PCs, then iPods, then phones. Now, add in the cloud and the fact it all works in an ecosystem that is completely fricked if you step outside the ecosystem. I’d maybe buy and android, but I won’t even look at them now that I’ve got years of pictures, settings, notes, etc. that will all evaporate without some serious effort to migrate it off.
China has done that same thing to the US. We are so intertwined with them that removal would be just short of cutting out our own heart. It’s almost impossible, but it’s the only way to reduce their influence on the world.
Posted on 4/25/22 at 9:00 am to Perfect Circle
We can't fight a war with China without China's productive capacity
Posted on 4/25/22 at 9:00 am to loogaroo
quote:
Well, maybe we can clear the backlog at our ports.
Mayor Pete is on the job
Posted on 4/25/22 at 9:11 am to Dixie Normus
quote:
China has done that same thing to the US. We are so intertwined with them that removal would be just short of cutting out our own heart. It’s almost impossible, but it’s the only way to reduce their influence on the world.
I agree with everything you said but before Biden got in, Trump was hitting China hard, then POOF COVID19. An attempt was made.
Posted on 4/25/22 at 9:13 am to Perfect Circle
Friend of mine is about to move into a new house without an oven. May be this winter before it comes in. Welcome to 2022 in America!
Posted on 4/25/22 at 9:20 am to Perfect Circle
China's economy is not in good enough shape to withstand this. This will wreck them worse than it does us.
Posted on 4/25/22 at 9:21 am to Perfect Circle
I really hope corporate boardrooms see this as a wake up call and start investing in non-commie manufacturing. Gonna hurt in the meantime though
Posted on 4/25/22 at 9:25 am to jcaz
quote:
I really hope corporate boardrooms see this as a wake up call and start investing in non-commie manufacturing. Gonna hurt in the meantime though
One of the worst strategic mistakes we've made is off-shoring our pharmaceutical manufacturing to China. They could kill tens of millions of our citizens simply by withholding their medicines.
Posted on 4/25/22 at 9:26 am to Jimmy2shoes
quote:
Dont worry the gay mayor will fix it
He is super duper qualified because he likes dicks in his mouth!
Posted on 4/25/22 at 9:26 am to Perfect Circle
Since we are on some random internet forum, I'll let you all know what's happening.
Our supply issues will get really bad, but it will be intentional. The purpose is to reset to our "new normal" prices.
It's difficult to, for example, put a 40k msrp vehicle next to an identical 48k msrp vehicle, so you need to hold back on shipping out the new supply while getting rid of the old.
If you "empty the shelves," you can roll everything out with the new, higher prices, without shocking the consumer too bad.
Our supply issues will get really bad, but it will be intentional. The purpose is to reset to our "new normal" prices.
It's difficult to, for example, put a 40k msrp vehicle next to an identical 48k msrp vehicle, so you need to hold back on shipping out the new supply while getting rid of the old.
If you "empty the shelves," you can roll everything out with the new, higher prices, without shocking the consumer too bad.
This post was edited on 4/25/22 at 9:28 am
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