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Re: BRACE YOURSELF! The 'Mother of All Supply Chain Shocks' Is Coming as China Shuts Down Major Ports Due to Pandemic

By: micro in 6TH POPE | Recommend this post (0)
Sat, 15 Jan 22 3:44 PM | 26 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 28581 of 60008
(This msg. is a reply to 28577 by Decomposed)
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Good morning, or should I say NOT so good morning on the economic and political stage here in the United Socialist states of America.

So the question still begs as to exactly why the west coast ports have this much backlog and then also, why don't these freighters just bypass them and go to Texas Ports and Florida ports and be offloaded immediately?

When I was in business and shipping products I would not send things to places like Long Beach if what's happening there now was going on then. One avoids them. Yes, travel time to get to through the panama canal would take longer but would still be lots fastwer than sitting offshore twiddling one's thumbs or watching the country burn while Biden fiddles...

Governor Abbot made it clear that if they brought it to the port in Houston they would get the ships unloaded.
DeSantis would do the same thing. Heck, I imagine thee are other ports along the Gulf Coast, Mobile maybe?, that could also help.

It just appears to me that the whole mess with the offloading delays seems to be embraced by the shippers and companies that are awaiting the products on those ships or they would not put up with it.. There are some rotting fish leaving an obvious stench in the air....



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The above is a reply to the following message:
BRACE YOURSELF! The 'Mother of All Supply Chain Shocks' Is Coming as China Shuts Down Major Ports Due to Pandemic
By: Decomposed in 6TH POPE
Sat, 15 Jan 22 5:42 AM 		Msg. 28577 of 60008

January 14, 2022

BRACE YOURSELF! The 'Mother of All Supply Chain Shocks' Is Coming as China Shuts Down Major Ports Due to Pandemic

by Ray Hoft
TheGatewayPundit.com

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 bottlnecks 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.

http://www.thegatewaypundit.com/2022/01/brace-mother-supply-chain-shocks-coming-china-shuts-major-ports-due-pandemic/

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