OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

With inflation at a all time high and cost going up I wonder how the Fed is going to justify another rate hike or are they, Now China has gone stupid locking down people instead of city’s of something very survivable and treatable and going to cause more inflation.

Posted by goldielocks @ 20:18 on April 13, 2022  

Cost to truckers could rise another 30%

Those in the industry warned that this would cause problems. One of the largest international container companies, Maersk,

said that Shanghai’s shutdown would cause a 30% rise in trucking costs alone.

Some businesses are operating the “closed loop” system where employees are basically unable to leave their place of work. Still, the port cannot operate with the current restrictions as there are simply not enough available workers. This is completely unsustainable. China is throwing gas on the rapidly burning supply chain and inflation crises with their current policies that will be felt across the world.

The World’s Busiest Shipping Port is Closed

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.