A Picture is worth a Thousand Words

Marine tracker image showing over 500 cargo ships stacked at the port of Shanghai.

This is what zero covid policies do to global trade and supply chains.

Currently, 10 percent of container ships worldwide are stuck in congestion and bottlenecks.

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The situation for ships waiting to load or discharge is even worse.

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Everything from metal ores to grains are stranded. The result will be further inflation this year for everyone along with food scarcity for many countries.

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