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.
The situation for ships waiting to load or discharge is even worse.
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.
The Naked Emperor’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
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.
The situation for ships waiting to load or discharge is even worse.
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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The Naked Emperor’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
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