Port of Los Angeles says shipping volume will plummet 35% next week

Post by danielmarkbruce » Wed, Apr 30, 2025, 7:38 PM UTC

Teever wrote: post #315

ryandrake wrote: post #281

Earlier quoted context omitted.

> Worst case all this triggers a recession. Recession is probably the best case scenario. If only we get through this with just a recession! The world's economic inter-dependence is one of the things that have kept World War 3 at bay for decades. Nobody's going to start a hot war with their neighbor when they rely on each other through trading. Russia shows what happens when you economically isolate a country with sa…

That isn't the lesson from Russia invading Ukraine. The lesson from Russia invading Ukraine is that the presence of authoritarians anywhere is a threat to democracies everywhere. The kind of people who crush freedom aren't content to just do so within their own borders and will eventually do so to others around them. As such it should be the priority of all democracies to extinguish authoritarians whenever possible.

Post by sanderjd » Wed, Apr 30, 2025, 7:43 PM UTC

fnordpiglet wrote: post #460

georgehm wrote: post #443

Earlier quoted context omitted.

Maybe I am being foolishly optimistic, the section in the video (~ 4:50) where it is mentioned that some giant seed corporation is staying the course betting that this thing will blow over in a quarter or so actually gives me some hope ?

IMO, which isn’t worth a lot, it’ll go on as long as Trump refuses to eat crow. China hunkered down under extreme duress during COVID and emerged stable. We barely managed to survive much milder restrictions. And that was a global natural disaster of no one’s choosing. In this situation it’s all artificial, but it stokes the nationalism of literally every other country than America. The imperialism and condescension…

Post by ethersteeds » Wed, Apr 30, 2025, 7:44 PM UTC

fnordpiglet wrote: post #460

georgehm wrote: post #443

Earlier quoted context omitted.

Maybe I am being foolishly optimistic, the section in the video (~ 4:50) where it is mentioned that some giant seed corporation is staying the course betting that this thing will blow over in a quarter or so actually gives me some hope ?

IMO, which isn’t worth a lot, it’ll go on as long as Trump refuses to eat crow. China hunkered down under extreme duress during COVID and emerged stable. We barely managed to survive much milder restrictions. And that was a global natural disaster of no one’s choosing. In this situation it’s all artificial, but it stokes the nationalism of literally every other country than America. The imperialism and condescension…

Post by Zamaamiro » Wed, Apr 30, 2025, 7:47 PM UTC

broost3r wrote: post #487

Zamaamiro wrote: post #474

Earlier quoted context omitted.

That's not what trickle-down economics mean. Trickle-down is the idea that giving tax breaks or benefits to the wealthy or big corporations will eventually benefit everyone else through increased investment or job creation. What I’m talking about here is the basic flow of goods and services in an economy—when that gets disrupted, the effects hit workers and consumers directly, not eventually or indirectly. When impor…

for the curious amongst us, will meaningful real-time data be available to track the impact to the supply chain?

Post by xienze » Wed, Apr 30, 2025, 7:51 PM UTC

vaidhy wrote: post #437

xienze wrote: post #321

Earlier quoted context omitted.

> Second, the US is ~15% of China's exports and a lot of those exports will continue even with tariffs. But I was told the ports were empty and the shelves would be bare. That implies almost all of that 15% being shut down, doesn’t it?

US is 15% of China, but China is 40% of US imports.. Maybe you are mixing up the countries?