Tuesday, October 12, 2021

It's all about stuff ...

Look closely at this amazing photograph and one will see container ships lined up to offload stuff but cannot, due to supply chain problems. Now, consider what happens to the US economy when consumers cannot consume as the US economy, 85.7% driven by consumption, will face economic woes differing from every other industrialized country in the world. 

Seen below is a breakdown of the US economy.

By comparison, here's France's

With this in mind, see how global shipping becomes paralyzed as per the Port of Savannah, the 3rd largest port in the US.

No comments: