This is amusing.
...The Port of Yantian, which is at the epicentre of China’s latest coronavirus-containment efforts, is creating massive headaches across the maritime shipping world and further complicating the process of reopening the global economy.
Disruptions to the supply chain for some companies are said to already be worse than those caused by the six-day blockage of the Suez Canal in March, which made global headlines and spawned countless memes on social media....noted at AOSHQ
Throckmorton has an editorial comment which is worth its weight in......ahhh.....shipping containers!! That's it!!
...How about that? We’re just a few months removed from global shipping being massively interrupted by the Suez Canal blockage, and here we are again, with yet another massive shipping interruption. What’s weird is that most of our corporate and political elites concurred that it was imperative to outsource as much manufacturing and raw material production as possible, yet these stunningly brilliant Principled Free Traders™ never once considered the likelihood or consequences of transportation interruptions.
To be fair, Principled Free Traders™ never considered the implications of political unrest, pandemics, or other external factors either. They never considered the possibility that anything might affect getting products from China to America. Their primary motivation was to assert their status as global citizens, and the best way they knew to do that was to destroy American manufacturing and to put as many deplorable Americans out of work as they could....
That would include Fred Stratton of the now-disappeared Briggs & Stratton, GM's Buick Division, and damn near any apparel manufacturer.
Slick move! They ruined the livelihoods of their employees AND ruined their own company's cash-flow to prove their WonderFulNess! A two-fer!
As a matter of interest, "foreign cars" were NOT purchased by sensible Americans in the '50'6, '60's, and '70's. Why? Because war would create a crippling parts-supply problem.
Parts-supply problem? Does that mean, perhaps, a NON-KINETIC war?
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