EPISODE · Oct 23, 2021 · 48 MIN
America's Snowball Chances in Hell (Biden's Supply Chain Failure, Stagnation and Possible Stock Market Crash)
from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads
Some 300 massive container ships are sitting in our 20 ports with Chinese, Japanese, South Korea, Vietnamese vendors of the supply chain inventory waiting to be unloaded for distribution to numerous supply lines of transport and delivery. to empty wholesale and retail big box shelves. With that comes waste due to spoilage, passing use by dates and general damages caused by the trips all totaling uninsurable damages for delivery exceeding contract provisions. This doesn't even come close to the real cost that is the labor shortage will disappear when the container shipments begin to shrink due to layoffs in the supplier and manufacturing supply line production slows, particularly in China since their GDP is totally dependent on the USA consumers having what they demand and on time. This is like the heart refusing to pump blood due to the legs because they are broken. 90% of the world’s global trade is shipped by sea, with 70% in containers. The USA has outsourced $48 billion imports per month from China. And another $30 billion from South Korea, Japan and Viet Nam. With the supply line container ships sitting in our 20 ports averaging 10 to 80 ships or over 300 waiting to be unloaded with China having 37,311TEU’s (4 containers) daily totaling 160 thousand containers on 148 Chinese vessels holding 610,000 TEU;s present to over 100 countries or 2.4 million containers waiting to be unloaded, carrying 4 per truck transported by 2 million USA semi-trailer truck drivers (68% of all freight is transported by semi’s). Or by 1,000 USA trains (25% of containers) 200 per train, This creates opportunity costs of $8 to 10 trillion of GDP worldwide, installed delivery. · This is, 2.4 million containers per year loaded and unloaded by 400,000 workers with 1million sky lifts and forklifts, delivered by 2 million truckers, 167,000 rail workers, by 400,000 Fed Ex employees, 434,000 UPS employees, USPS 669,000 employees. · And stocked and shipped by 950,000 Amazon employees, 2.5 million Walmart employees, 254,000 Costco employees, 210,500 Walgreen employees stocking retail shelves. More than 6.5 million American enterprise workers making the supply chain function on a daily basis with 8 million job openings in all facets of supporting the supply chain businesses. This is the very reason we need a change in direction away from two party politics that perpetuate polarized take down of the American Enterprise system. Both parties despite ignorance when workers stay home until they are vaccinated. This unanticipated consequence has a far-reaching impact on unemployment and new job forecasts that are affecting the American GDP, that depends on having the shelves and online ordering businesses fully stocked to have an adequate inventory supply for the holidays and everyday shopping demand. If not, stagnation follows with inflation of cost and prices close behind. This is the very reason we need a change in direction away from two party politics that perpetuate polarized take down of the American Enterprise system. Both parties are lost when it comes to common sense business decisions. We now have leadership that doesn't have a clue about supply chain management. They both display ignorance about shortages of inventory that will amount to a recession or even worse a disastrous depression if there is a run on the banks and stock market. If this happens America is sliding into chaos politically with the unprepared and unqualified current Administration proposing even more deficit spending with $5.2 trillion in additional spending over the next three to ten years. I view this as the straw that breaks America's financial back. Those cargo ships just sitting in the holding pattern represent survival for both the USA and CCP. Each are solely dependent on a smooth supply line for their econmic partnership for the good of capitalismn and socialism.
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America's Snowball Chances in Hell (Biden's Supply Chain Failure, Stagnation and Possible Stock Market Crash)
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