Via The Blue State Conservative
During the 2020 presidential campaign, talk show host Sean Hannity, the investigative reporter, and author Peter Schweizer, plus countless others, warned America about Joe and Hunter Biden’s support and involvement with the Chinese Communist Party (CCP).
Following Biden’s election a year ago, the administration’s mismanagement of COVID via vaccine mandates has made it difficult to find the labor to operate shipping ports. In addition, the truck drivers are staying home in protest of the vaccine mandates, hampering the movement of the products when eventually unloaded.
In reaction to the much less deadly Omicron variant, the CCP has nevertheless decided to shut down major shipping ports, which is guaranteed to significantly disrupt the global supply of everyday products worldwide.
Zero Hedge reported on the coming Biden crisis on Thursday.
And, as we have also discussed in recent weeks, one place where this growth slowdown is emerging – besides the upcoming deterioration in US consumption where spending is now being funded to record rates by credit cards before it encounters a troubling air pocket – is China and its “covid-zero” policy in general, and its covid-locked down ports in particular.
But what until recently was a minority view confined to our modest website, has since expanded, and as Bloomberg writes overnight, the effects of restrictions in China as the country maintains its Covid-zero policy “are starting to hit supply chains in the region.”
As a result of the slow movement of goods through some of the country’s busiest and most important ports means shippers are now diverting to Shanghai, causing the types of knock-on delays at the world’s biggest container port that led to massive congestion bottlenecks last summer that eventually translated into a record number of container ships waiting off the coast of California, a glut that hasn’t been cleared to this day.
With sailing schedules already facing delays of about a week, freight forwarders warn of the impact on already back-logged gateways in Europe and the US and is also why HSBC economists are warning that the world economy could be headed for the “mother of all” supply chain shocks if the highly infectious omicron variant which is already swamping much of the global economy spreads across Asia, especially China, at which point disruption to manufacturing will be inevitable.
“Temporary, one would hope, but hugely disruptive all the same” in the next few months, they wrote in a research note this week first noted by Bloomberg.
Well, we know some markets in the U.S. will probably see a significant increase in empty shelves popping up at the shopper’s favorite stores and markets.
If you live in a metro area, might be a good time to stock up a bit, so you are not lacking needed items in the not-so-far-away future.
Odds are a prolonged closure of these ports will further drive up U.S. inflation, adding to the compounding stockpile of Joe Biden’s failures.
By Eric Thompson
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Covid is the excuse not the reason.
Exactly, this is part of the plan, just like fertilizer production being cancelled. Take 40 years to make modern agriculture completely dependent on certain inputs, and then remove those inputs from availability = Holodomor 2.0
Makes economic sense, right?
They aren’t calling the ’20s the ‘decade of transformation’ for nothing, prepare accordingly.
Every year, the Chinese economy slows down to celebrate the Lunar New Year (2/1/22) and shippers anticipate the slowdown, so this one will come just as they are normally slowing shipments. It also should give US ports time to process many of the log-jammed container ships sitting offshore.
any shortages from this shutdown would take a few weeks to be felt, due to the lag time of ship transit, unloading, rail/truck shipment and distribution to retail outlets.
The supply chain is a little more complex than that. A short turn around for a container ship is about three days or longer depending volume transfer. Rail yards can only hold so many containers and even if all you deployed were double stack rail cars its still not enough to move the huge amount of cargo sitting and waiting delivery. Add onto that the time sensitive cargo and its a mess.
There are over a hundred ships offshore LA. More ships arrive each week. The just in time corporate model was/is great on paper but when a glitch happens its a fubar event. The crunch here also is affecting china as well because if product isn’t moving out of the manufacturers yards, then layoffs and factory shut downs happen. And thats happening now, before their regular holiday celebrations.
I’m actually glad this is happening because it will call attention to the gross mismanagement be wielded by the communist overlords. They fail to realize it will all come back to their doorstep, and in a harsh way. Those affected most by this… will be liberals in cities mostly. Country conservative folks will feel the pinch but will weather this fine.
I’m rooting for the truckers here in canukistan to help bring lil potato and the communist liberals to their knees…
Having China shut down a couple of weeks early for the new year may have a bit of a silver lining, giving the ports time to offload many of the ships waiting in the ocean. It depends on how long the chicoms keep the country shut down before we know the extent of the shortages.
I think the actions at the US Canada border by the truckers will have a much more immediate impact on commerce and I wish them well in their action to bring about change. Truckers have the ability to bring pain to the ruling elite, if they stand together.
I’m much more worried about domestic production. Remember “Fight for $15!” and instituting that minimum wage would be the the death of the US Economy?
On I-95 around Florence, SC billboards abound advertising a $15/hr starting wage at a new Buc-ee’s Truck Stop. So, I can’t imagine what the minimum is at the nearby Otis Elevator factory.
That new Otis hiree will be an Affirmative Action hiree… May not know squat about those elevator thingies but hey… checks off a few of the right boxes. What could possibly go wrong…
I saw an article that stated creepy joe was thinking, I know its a stretch, that in order to get the supply chain moving faster that they’d reduce the qualification requirements to become a truck driver.
My guess is if you can climb into the seat and actually start a rig… ur qualified to drive one… obviously…
If ole Joe can drive a truck then…
Covid , Vaccines and the WEF/ ChiCom end of the free world with a village idiot driving America’s Bus off a Cliff !
Anecdotal I know but I bought shrimp from Argentina and mangos from Peru but I can’t get goods produced and packaged under 500 miles from my front door BULL SHIT
Remember when Biden’s biggest fuck-up was him selling his own driveway…back when he was going bald the first time?