Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon. Ever since I started The Economic Collapse [.]
Many of the imbalances that are contributing to the nightmarish shortages that we are currently witnessing are not going to be solved any time soon. Ever since I started The Economic Collapse Blog, I have been warning that outsourcing the production of just about everything and running massive trade deficits year after year would eventually have very serious consequences down the road. Well, now we are officially “down the road”, and our incredibly foolish trade policies have put us in a very precarious position. During the “good times”, being extremely dependent on the rest of the world to make stuff for us wasn’t a problem, but now it is rapidly becoming a national security issue.
The Pandemic Fuelled a Boom in Empty Ghost Shipping Containers Travelling the High Seas
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Published 4 weeks ago:
March 12, 2021 at 7:57 am
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container shipcontainerizationeartherenvironmentfreight transporthillebrandintermodal containersjessica bradymaerskmaritime transports sshippingshipping containershipping container architecturethe international maritime organizationtransport
Shipping containers are stacked at the Port of Los Angeles, the nation s busiest container port, on November 7, 2019 in San Pedro, California. (Photo: Mario Tama, Getty Images)
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In our latest proof that global capitalism is extremely logical and efficient, hundreds of thousands of completely empty shipping containers are being transported overseas amid the pandemic, according to an analysis by Earther.