181–190 of 514 posts
Wrong move. The container problem is way more of an effective tariff on China than anything else we could think of. The best part is every container impounded in the US is a drain on destinations that aren’t in the US like Europe.
How petty can US citizens be?
Does this mean it is a cheap time to buy empty shipping containers?
No. Shipping container prices have risen threefold. The transshipment companies who have to deal with the containers piling up don't own the containers, and can't sell them to you.
Earlier quoted context omitted.
In practice, people are pushed out of their homes because they can't afford to live in the neighborhood full of high rise apartments anymore, and they then struggle to make a living (much less find another place to live). It's funny that the GDP itself is prized over the people who are supposed to be the beneficiaries of an economy with a high GDP.
If such people are homeowners (after all, it is homeowners who are the one complaining about this on zoning boards), they’ll become fantastically wealthy in such a scenario. They have nothing really to complain about except a wealth tax (of course, by limiting property tax increases, California’s prop 13 is like a wealth SUBSIDY).
Then, you're turned into a renter against your will, and also, everyone else needs to find new housing at the same time, so even before the new luxury units go up, the rent skyrockets.
Poor people with expensive homes can't defend their ownership. That takes paying expensive lawyers
A little off topic, but these ports don’t usually store so many empty crates, so why do we have them now? Are we not exporting at the same rate? Is that even what empty crates are used for? I’m assuming they aren’t sent back to (mostly?) China empty. I read something about the prices to ship out of the US being very high, but isn’t the price coming in also similarly proportionally high, yet we still have a backlog of…
It is completely standard in the shipping industry to have lopsided routes, where one direction has 100% full containers, and the return direction a much lower percentage, like 50%. The shipping cost of different routes takes this into account.
Earlier quoted context omitted.
In practice, people are pushed out of their homes because they can't afford to live in the neighborhood full of high rise apartments anymore, and they then struggle to make a living (much less find another place to live). It's funny that the GDP itself is prized over the people who are supposed to be the beneficiaries of an economy with a high GDP.
Out of interest what the mechanism that results in people being priced out of houses they own?
Eminent domain is another.
Why not worry about renters though? Are they not people?
Would be nice to see a follow-up of exactly what this fixed. He mentioned only 7 of 100 cranes were in operation, does that mean more cranes will soon be able to operate because they have room to put containers?
Earlier quoted context omitted.
The guy in charge took a paternity leave for 2 months and no one in the media even noticed.
>The guy in charge took a paternity leave for 2 months and no one in the media even noticed. Don't worry, once people did notice, it did take long before they started ridiculing him for spending time with his family.
I work at a tech company. I have responsibilities that I actually care about, and they are important to me and many others, so I could not possibly just disappear for 2 months. I can barely take a weekend off without feeling guilty.
It's not about why he wasn't there... it's that he wasn't there, for any reason. It shows that he doesn't care, and the people who picked him and allowed that to happen, also don't care.
Earlier quoted context omitted.
In practice, people are pushed out of their homes because they can't afford to live in the neighborhood full of high rise apartments anymore, and they then struggle to make a living (much less find another place to live). It's funny that the GDP itself is prized over the people who are supposed to be the beneficiaries of an economy with a high GDP.
>It's funny that the GDP itself is prized over the people who are supposed to be the beneficiaries of an economy with a high GDP. The GDP isn't a magical number that rises by making people suffer. It rises because NIMBYs are unable to force others to struggle by keeping them out of their economically advantageous land.
Similar land is all over the place