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.
For those who have forgotten last year’s global shockwave when China locked down its ports for several days, a quick reminder: it led to an unprecedented hiccup in global logistics and shipping which hasn’t been resolved to this day. That’s because China is the world’s biggest trading nation and its ability to keep its factories humming through the pandemic has been crucial for global supply chains.
“We can’t just tell them, we have to show them”.
I’ve lived for almost seven decades and I don’t remember the state of our nation ever being such a clusterf**k.
What are the chances any of the greedy genius millionaires/billionaires who own U.S. companies that moved to China will begin to realize they would be better off in the long run if their manufacturing businesses were based here in the U.S. instead of communist China?
Nah, me neither.
Speaking of communist China, if *anyone* reading this watches *any* of the China Olympics you’re lost and reading the wrong forum.
Let’s Go Brandon!
The Current Level of Stupidity boggles the brain. Just another example of how well the Dem.Comms keep shooting themselves in the foot. Nothing makes sense, but they are “100% For It. maybe it will make sense down the line!!!” The key players, Pelosi, Schffrnitt cannot walk or stand without help, Shumer, is close to a stroke;all look as if they are one foot in the grave, Nancy appears to be 130 years old.
How long can these haters hold onto basic health? Are they now realizing they have gone too far with their central focus on personal greed and trying to kill of a large segment of the population? Running an EVIL EMPIRE when the empire is much larger, smarter, and lots less stressed as they are must be very tiring. They have waited too long to escape… the roof is collapsing on theri heads. If they all gather in the White House behind 10 foot walls, thinking they are safe, they need to rethink that plan.
Now that I have been made aware of the EVIL deeds and HEINOUS Crimes that have taken place in our White House, maybe it is time to eliminate that tired old building which now represents the most disgusting crimes ever thought of.