Supply Chain Disruption Update for September 28, 2021 « Lawrence Person's BattleSwarm Blog
The Global Supply Chain is a &#$*ing Mess—in 4 JPM graphs
1. Dozens of containerships stacked up outside LA
2. Shipping rates to the moon
3. Global delivery times at 25-yr highs
4. Our surging demand for WFH and home improvements imports —> wild surge in eastbound freight rates pic.twitter.com/feeEzZKz7U— Derek Thompson (@DKThomp) September 27, 2021
In Europe, a natural gas shortage has sent price soaring because surprise, surprise, Russia has cut supplies by 57%. The supply chain shortages are hitting small businesses hard. And to top it off, there’s a turkey shortage in Britain due to the aforementioned driver shortage. Finally, the Biden’s Administration’s vaccine mandate is about to make things much worse. “The looming federal mandate on COVID-19 vaccines for large employers could make hiring goals more difficult to reach for warehousing and distribution operations, which are already short on employees, some supply chain experts say.” Keep in mind: None of the supply chain issues are the result of Flu Manchu, but almost all are the result of government overreaction to it.
You have to work really hard to completely wreck the worldwide economy. The Democrats are working really really hard.
You voted for this.
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