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Chaos Strikes Global Shipping

nytimes.com

21–25 of 25 posts

Re: Chaos Strikes Global Shipping

#21
post #15

As soon as the pandemic started, airmail services stated to shut down. Normally, airmail packets “hitch a ride” on commercial airliners already making the trip. But when those ceased, airmail service stopped. So what happened? All of the pending airmail got switched to “surface mail,” which is code for shipping on a boat. I had several packages go from an ETA measured in days to an ETA measured in weeks and months. I…

> hitch a ride This reads as "subsidised by fliers" to me

Barely. A passenger airplane can fit a certain number of people. Their suitcases are unlikely to fill the cargo hold, so the airlines sell the extra cargo space

Re: Chaos Strikes Global Shipping

#22
> Americans stuck in their homes have set off a surge of orders from factories in China

It's not because they are stuck at home but because $3 Tn was given away in 2020 and people have been buying crap with that gifted money.

Like elsewhere, this chaos has been caused by the US government. And additional $1.6 Tn will be given away soon, causing more inflation, more waste, more government indebtedness and more shipping congestion.

Re: Chaos Strikes Global Shipping

#23
post #11

if businesses would not abuse cheap labor that china and other third world countries offer, we wouldn't be in this mess (or at least it wouldn't be as impactful) besides labor costs, it doesn't make sense that an item that is bought in from X company with an HQ in Y country has to be manufactured in Z country and shipped thousands of miles to the consumer. the amount of carbon generated from our reliance on third wor…

"regions with low wages should not be permitted to increase the amount of available jobs and therefore increase the standard of living by shifting production there, this will make things better"

Just don't pretend that essentially-slave labor in China doesn't lead to essentially-slave labor in other places if the sole purpose of practically applied economic theory is to arbitrage to the lowest common denominator.

Re: Chaos Strikes Global Shipping

#24

Earlier quoted context omitted.

"regions with low wages should not be permitted to increase the amount of available jobs and therefore increase the standard of living by shifting production there, this will make things better"

Just don't pretend that essentially-slave labor in China doesn't lead to essentially-slave labor in other places if the sole purpose of practically applied economic theory is to arbitrage to the lowest common denominator.

Fixed-pie fallacy.
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