Replies

1 posted on 09/16/2021 5:01:34 PM PDT by blam

Which means that domestically production will be more advantageous. Might be an upside, depending on how it’s handled.

2 posted on 09/16/2021 5:09:35 PM PDT by Salman (It's not a "slippery slope" if it was part of the program all along. )

Your dry-bulk price chart tells the story - in spite of massive demand growth around the world, the price has gone nowhere for 13+ years. Probably at first a lot of over-investment which increased supply of bulk-vessels, but over the last 5 years, I would suppose, much less investment and a lot of consolidation.

Covid hits and owners start scrapping vessels, only to find that demand roars back greater than ever.

3 posted on 09/16/2021 5:11:22 PM PDT by PGR88

4 posted on 09/16/2021 5:12:01 PM PDT by sauropod (Bidet was no prize before he put the “d” in “dementia.” - Schlichter)

Well, I guess the nafta pimps et al might have cause for regret in the near future?

5 posted on 09/16/2021 5:12:26 PM PDT by LouAvul (The common denominator among all liberals is their sociopathic personality quirks. )

Parabolic? Thank goodness it isn’t exponential. Then we’d really be in trouble.

6 posted on 09/16/2021 5:22:04 PM PDT by ProtectOurFreedom ("If I’m going to get my political views from those who chase balls, I’ll ask my dog.")

First FAMINE....and then FINANCIAL COLLAPSE. PRAY.

8 posted on 09/16/2021 5:29:25 PM PDT by SumProVita (Cogito, ergo....Sum Pro Vita - Modified Descartes)

meanwhile, this story is gathering pace:

16 Sept: Zero Hedge: Evergrande Suspends Trading In All Bonds
by Tyler Durden
Earlier today we pointed out that in what can (obviously) only be a remarkable coincidence, China’s largest, and most systematically important real estate developer, China Evergrande (and its $300+ billion in debt), collapsed on the 13th anniversary of Lehman’s bankruptcy filing, when Beijing told Evergrande’s creditor banks that the insolvent company, which recently hired Houlihan Lokey as bankruptcy advisor, would not pay interest on its debt next week, nor would it repay principal, in effect blessing the coming default...
https://www.zerohedge.com/markets/evergrande-suspends-trading-all-bonds

16 Sept: Aljazeera: Protesters hauled away from Evergrande HQ as meltdown fears mount
Security personnel in Shenzhen hauled away protesters who had gathered at the HQ of troubled real estate developer China Evergrande Group, which is teetering on the edge of a potentially messy debt default that could send shockwaves through China’s economy.

Earlier on Thursday, Evergrande’s main unit, Hengda Real Estate Group Co Ltd, applied to suspend trading of its onshore corporate bonds following a downgrade...
https://www.aljazeera.com/economy/2021/9/16/protestors-hauled-away-from-evergrande-hq-as-meltdown-fears-mount
following behind paywall:

17 Sept: Sydney Morning Herald: China’s nightmare Evergrande scenario is an uncontrolled crash
By Shen Hong, Enda Curran and Sofia Horta e Costa
https://www.smh.com.au/business/companies/china-s-nightmare-evergrande-scenario-is-an-uncontrolled-crash-20210917-p58sgc.html

9 posted on 09/16/2021 5:31:11 PM PDT by MAGAthon

Who controls railroads?
Pipelines cost less and are safer BUT Dems favor railroads.
Who stands to make big bucks favoring rail?

13 posted on 09/16/2021 7:19:28 PM PDT by Joe Boucher (Dementia Joe and the Whore, leaders of the Free world.)

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