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So now what is the excuse for consumer prices being so high...Not a single container ship waited offshore of the ports of Los Angeles or Long Beach on Tuesday. It was the first time the queue had gone to zero since October 2020, in the early days of the COVID-era consumer boom....Ben
The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...
Charter Member
I just checked the East Coast ports and the same applies to them.
I suspect one reason might be that with the concern of a recession looming orders are down---nobody wants to be sitting with a big inventory of high priced goods.
"A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
“You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
Charter Member
China lockdown......
Fred
"Everyday I beat my own previous record for number of consecutive days I've
stayed alive."
'Take care of yourself, and each other.'
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Anything for an excuse...Originally Posted by FredK
...Ben
The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...
Charter Member
I think Fred hit a big part of the cause
20% of their GDP is on lockdown.
"A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
“You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
Registered Member
I saw on the news yesterday that an iPhone plant in China is shutdown due to Covid. They predict a huge shortage of iphones. No big deal really, those Apple cult members will have to buy an Android phone and be converted to the one true word in phones.
The only way of discovering the limits of the possible is to venture a little way past them into the impossible - Arthur C. Clarke
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