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 ...
China has us right where they want us ... and with their heavily-indebted boy in charge!
Gateway Pundit - Masters of hyperbole.
“Who knows what game Xi is playing”
Part of that game is giving American consumers a taste of what shortages would be like so when the Chicoms invade Taiwan, a majority of the American public screams not to help Taiwan else China cuts off the flow of goods. Some of these port shutdowns or regional shutdowns DO NOT PASS THE SMELL TEST! The Chickms would sacrifice millions of their own people if it was in the best strategic interests of the party, so these reasons given are bs.
“But the best news for the west is that China may soon run out of western currency they use to bribe our politicians and media.”
Then they will blackmail them
Port giveaway started with Jimma Carter let the Chicoms take over the Panama Cannel in 99 now you could say they have expanded just a bit.
Port giveaway started with Jimma Carter let the Chicoms take over the Panama Cannel in 99 now you could say they have expanded just a bit.
We have experienced no major problems getting things we need. Getting rid of China is a good thing.
I doubt they will invade Taiwan. They’ve have 80 years to make a move and they know that Taiwan can hurt them. They can hit 3 Gorge, Wuhan and Singapore. They also decide to destroy their chip manufacturing, China has nothing. They also know our fleet is there. Trust me they are a Scut Farcus looking for a serious bloody nose!
Will this be the new crisis that replaces the covid pandemonium?
Not today I had the UnMarbled bread!!!!!
Fortunately, I currently have excess of vehicles, so I can park 1 and use another while waiting on parts if I need to.
Then they will blackmail them
Always a possibility.
But not just from China.
In many cases, I cannot disagree
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