Saturday, January 15, 2022

China Shuts Down Major Ports Due To Pandemic

During the 2020 presidential campaign, talk show host Sean Hannity, the investigative reporter, and author Peter Schweizer, plus countless others, warned America about Joe and Hunter Biden's support and involvement with the Chinese Communist Party.

Following Biden's election a year ago, the administration's mismanagement of COVID via vaccine mandates has made it difficult to find the labor to operate shipping ports.

In reaction to the much less deadly Omicron variant, the CCP has nevertheless decided to shut down major shipping ports, which is guaranteed to significantly disrupt the global supply of everyday products worldwide.

Zero Hedge reported on the coming Biden crisis on Thursday.

As we have also discussed in recent weeks, one place where this growth slowdown is emerging - besides the upcoming deterioration in US consumption where spending is now being funded to record rates by credit cards before it encounters a troubling air pocket - is China and its "Covid-zero" policy in general, and its covid-locked down ports in particular.

As a result of the slow movement of goods through some of the country's busiest and most important ports means shippers are now diverting to Shanghai, causing the types of knock-on delays at the world's biggest container port that led to massive congestion bottlenecks last summer that eventually translated into a record number of container ships waiting off the coast of California, a glut that hasn't been cleared to this day.

Odds are a prolonged closure of these ports will further drive up U.S. inflation, adding to the compounding stockpile of Joe Biden's failures.

https://trendingpolitics.com/supply-chain-nightmare-china-shuts-down-major-ports-due-to-pandemic-ethom/ 

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