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Report: Supply Chain Crisis Will Damage U.S. Economy Until 2023
Breitbart ^ | 10/12/2021 | Wendell Husebo

Posted on 10/12/2021 8:44:36 AM PDT by ChicagoConservative27

Coresight Research Founder and CEO Deborah Weinswig told Yahoo Finance Live on Tuesday the supply chain crisis will continue throughout 2022 and into 2023.

“Let’s look at the math: It’s 14 days to get a container from APAC to the U.S. and 40 days for it to get back,” Weinswig said. “And we have a complete container misalignment right now. So that’s 80 days, we’re talking, in our opinion — we’re probably looking at Q1 2023 before all of those containers get back and realign.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: 2023; crisis; economy; stockmarket; supplychain
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Lockdowns sure did the trick.
1 posted on 10/12/2021 8:44:36 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

Sigh. Another day and no one is doing anything about this crisis. Once again it would be nice to have some grownups in charge


2 posted on 10/12/2021 8:45:59 AM PDT by The Louiswu (Peace to you and may God Bless you.)
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To: ChicagoConservative27

Paying people to not work has consequences.


3 posted on 10/12/2021 8:47:44 AM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ChicagoConservative27

Paying people not to work did the trick.

All is going according to plan.


4 posted on 10/12/2021 8:48:14 AM PDT by bgill (Which came first, the vax or the virus?)
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To: The Louiswu

There really isn’t anything that can be done. This all started last year with the TP rush. Then the supply chain got misaligned to supply TP and we’ve been playing with revolving shortages ever since because there’s always something not moving. You can’t just create more capacity with the Staples easy button. This is like any other traffic jam that happens when somebody randomly slams their brakes. It will clear when it clears.


5 posted on 10/12/2021 8:50:55 AM PDT by discostu (Like a dog being shown a card trick )
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To: discostu
This all started last year with the TP rush. Then the supply chain got misaligned to supply TP and we’ve been playing with revolving shortages ever since because there’s always something not moving.

Another factor was restaurants closing. Food suppliers were shipping bulk meats, milk, butter, etc. to restaurants, but then had to change to individual packaging for consumers.

6 posted on 10/12/2021 9:02:20 AM PDT by Sans-Culotte (11/3-11/4/2020 - The USA became a banana republic.)
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To: ChicagoConservative27
CNN On Supply Chain Crisis: Consumers Can’t Expect To Shop Like Pre-Pandemic ‘Before Times’
7 posted on 10/12/2021 9:04:14 AM PDT by blam
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To: Sans-Culotte

Yeah. We dumped a whole bunch of big rocks in the supply chain. And that blockage will just keep moving around.


8 posted on 10/12/2021 9:12:20 AM PDT by discostu (Like a dog being shown a card trick )
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To: ChicagoConservative27

Not to worry. The shattering of our economy and imposition of stagflation is merely “transitory.”


9 posted on 10/12/2021 9:12:37 AM PDT by j.havenfarm (20 years on Free Republic, 12/10/20! More than 3700 replies and still not shutting up!)
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To: ChicagoConservative27

The auto industry is not just being hit by the semiconductor shortage, but by multiple material shortages such as steel, aluminum and rubber.

That is affecting other industries as well who use the same materials. Manufacturers who cannot keep up are allocating supply to their largest customers, leaving many smaller companies unable to manufacture their goods.

It is a collapsing system right now and this is intentional.

The globalists needs a complete global economic collapse with food shortages and material shortages so they can blame capitalism and enact “The Great Reset” that will ensure food is distributed “equitably” and the environment is protected by benevolent leaders who will assume control over the means of production.


10 posted on 10/12/2021 9:12:42 AM PDT by Erik Latranyi (We are being played by forces most do not understand)
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To: ChicagoConservative27

I heard an economic “Expert” on TV this morning bewailing the fact China’s economy is suffering due to energy producing problems and shipping products to the US will be impacted. I’ve also heard there are thousands of shipping containers sitting idle all over the East and West Coasts because they can’t be delivered. So why is the fact China can’t ship products over here now a problem? Please elucidate.


11 posted on 10/12/2021 9:18:25 AM PDT by antidemoncrat (somRead more at: https://economicti)
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To: ChicagoConservative27

It’s all the biden regime’s fault—NOT the pandemic!!!!

“Let’s go, Brandon!”


12 posted on 10/12/2021 9:21:15 AM PDT by Honorary Serb (Kosovo is Serbia! Free Srpska! Abolish ICTY!)
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To: ChicagoConservative27

Supply Chain Crisis Will continue until everyone conforms?.

Ain’t no one world order huh Moe.


13 posted on 10/12/2021 9:24:04 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: ChicagoConservative27

The Biden’s administrations terrible energy polices meeting their terrible monetary policy meeting their terrible fiscal polices is the problem.


14 posted on 10/12/2021 9:25:02 AM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: ChicagoConservative27

The Biden’s administrations terrible energy polices meeting their terrible monetary policy meeting their terrible fiscal polices is the problem.


15 posted on 10/12/2021 9:25:05 AM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: ChicagoConservative27

Two weeks to flatten the Republic.


16 posted on 10/12/2021 9:25:32 AM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: antidemoncrat

The problem is too much was off shored.

Lets take potato chips as a product. This is just an example not a real world issue

Potato harvest is fine, potato chip manufacture is working fine but the packaging you put the chips into comes from China now. The foil you make your 32oz bags out of is stuck on a ship. It stuck there for 6 weeks. It will eventually get to you but in the interm you cannot sell you chips and your inventory is perishable.


17 posted on 10/12/2021 9:29:34 AM PDT by MNJohnnie (They would have abandon leftism to achieve sanity. Freeper Olog-hai)
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To: ChicagoConservative27

The Biden Regime is trying to “choke America out” and we need to push back.


18 posted on 10/12/2021 9:30:15 AM PDT by WMarshal ("Those who would give up essential liberty, to purchase a little temporary safety, deserve neither.")
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To: ChicagoConservative27

But...no more mean Tweets.


19 posted on 10/12/2021 9:42:14 AM PDT by ScottinVA (Enough. Divide the country.. now. )
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To: ChicagoConservative27

i remember J.I.T shipping, now it’s S.O.L. shipping...


20 posted on 10/12/2021 10:27:29 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. P144:1)
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