Sunday, October 03, 2021

Groups Warning of Imminent Global Supply Chain System Collapse

Groups Warning of Imminent Global Supply Chain System Collapse

"...That’s caused prices to soar, for everything in the supply chain which, of course, will be passed on to the consumers.

Pre-Covid, the cost of shipping a container from China to the US’s West Coast was roughly $1,300. Today, that cost has risen exponentially, with the cost of transporting one container being roughly $35,000...

Some have tried to turn to air freighters, and that’s overwhelmed that system and made everything more expensive there, as well.

“This has turned the economy upside down,” a logistics expert told the Daily Mail. Unions that represent shipping workers around the world are warning of a coming “global transport systems collapse.”

From Just the News:

“Global supply chains are beginning to buckle as two years’ worth of strain on transport workers take their toll,” they wrote in an open letter signed by the International Air Transport Association, the International Road Transport Union and the International Transport Workers’ Federation...

So, what’s Joe Biden doing in the face of something else that’s about to blow up on us all? He’s demonizing the unvaccinated and calling for more mandates and restrictions. He and other Democrats are imposing restrictions, which are causing more people to be fired...

It’s no wonder that now there’s also a crisis in consumer economic confidence.

This is a disaster about to blow up.

If you were trying to do-in the country, I’m not sure what you would do that the Biden team hasn’t been doing...Read all.

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