Posted on 01/16/2022 7:57:17 AM PST by bitt
As if there wasn’t enough bad economic news — The War Room opened their first hour on Friday warning viewers of the coming “mother of all supply chain shocks.”
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.
(Excerpt) Read more at thegatewaypundit.com ...
Lucky for you your washer is not a limited run of 50. 99% of the time you can get a used part to get back up and running and not be forced to buy a new one.
There are food items brought in from overseas in refrigerated containers. The local HEB yesterday, and the Wal-Mart this morning both had pasta shelves that were pretty barren. Wal-Mart's has been like this for going on three weeks now in the Bryan/College Station area of TX.
If people actually want some inexpensive past, they should check out the area of Wal-mart with the Hispanic products; you can get 7oz bags of pasts from 28 to 48 cents. It's a little starchy, but just cook in more water, rinse off with hot tap water, and then pour a small pot of boil water over it. And don't overcook it.
Haven’t seen any empty shelves in rural North Texas until now ... saw a few at Walmart today.
Grocery stores are usually better stocked, but it can be spotty. Like in Iron Curtain times, there is usually something available but not necessarily a selection or abundant supply of what you came to buy. We keep a well-stocked home, rotate supplies, and top off key items regularly. We also have CSA farm shares that keep us well provisioned with locally-grown produce year-round and fruit in late summer/fall. A local food co-op stocks locally-sourced dairy and meat products and every place we go has some type of farmers' market.
We cook from scratch, and staples are usually available. We've found that our local sources are the most reliable, and they need our support. Win-win. I find that I'm cooking more and more like my grandmothers -from scratch using locally sourced staples. I would do more gardening and keep some chickens or rabbits, but we travel too much for this to be practical. We also have deer that like to eat gardens.
I remember a documentary about Japan in the late ‘80s…that ended with the warning that China was 10 Japans. Yeah, turned out to be correct - lots of money made quickly on a pile of debt with a demographic time bomb ticking away, followed by a huge fall. We’re just waiting for China’s economic fall.
Just left an HEB in south Texas and could not see any real signs of shortages.
This is a good thing. Keeps money insidee the USA a little longer. Maybe the trade deficit will be smaller because of it
Improved it.
A really stiff tariff on car parts should bring that manufacturing back home where it belongs. F all free traitors. F them all.
Oh sure, knock Jersey. You want to see how f’ed up things would be imagine if the Garden State Parkway and the New Jersey Turnpike were ever shut down.
Most , if not all the the eastern seaboard would be a world of s**t.
Fixed it.
Isn't it amazing that many so called Republicans only have a problem with the empty shelves and not the core economic problem caused by off shoring production in the first place? These people are sick in the head.
A tariff on all car parts is way over due. Make it here do it now.
BS. Those regulations are bad true, but to me as the end user/consumer of goods paying retail it is tiny expense maybe 1/2 cent on the dollar. MAKE IT HERE. DO IT NOW. MAybe executives could be happy with 2 vacation homes instead of 5 and make stuff here. Just sayin'.
Been looking to buy a $300-400 video card for almost 2 years now.
Not really interested in spending 2 grand for 3 yr old technology at the moment.
Maybe someday......
That’s more a crypto mining induced problem more so than anything else.
A wise, REAL President once said….bring back our country’s manufacturing, from Chi-Nah.
Too bad he’s not still in his duly elected office, eh, libs?
How do you like him, now?
Missing those mean tweets and loving these mean EOs and socialist edicts and mandates?
Asking for over half of the country.
Don’t much like Clooney’s politics or his acting, but must admit I love the movie. He performed well.
“Well, ain’t this place a geographical oddity? Two weeks from everywhere!”
I have a few questions that I am sure no one here knows the answers to.
Challenge accepted. I’ll tell you from what I’ve read!
1. Does China have a “real” covid scariant problem? The videos and whatnot trotted out in the beginning were faked so as to make covid appear much worse that it really was, for various reasons.
No its rumored that there is a hemmoratic fever outbreak. Rumors of bleeding out of nose, eyes,etc. Think eboli then think how it got there? More Wuhan bat soup? They have locked down cities the size of LA there, trying to stop it before the Olympics.
2. Are any container ships unloaded at US ports? Or is it just very very slow?
They are/were backed up. It was due solely to CA law that stated that no trucks 7 years or older could pick up due to new CA EPA laws.
3. What is the REAL reason container ships are not being unloaded? Could it related to the EO about no goods coming in from countries that help defraud US elections by any chance?
Real reason is not enough CA EPA approved trucks to pick up cargo
4. If container ships with produce are rotting out there, why don’t the managers of ports let them cut in line?
See 2 & 3. This is all Californias fault.
5. Since China is imploding economically in many ways, it is possible that Chinese factories can’t make crap goods at the rate it used to? And add to that much less US $ coming in since our shelvers are emptying out and thus far less Chinese crap in stores?
Doubt it. Who knows what game Xi is playing
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.