Aug.25 — The worldwide provide chain crunch was meant to be non permanent, nevertheless it appears like it can have a long-lasting influence into the subsequent 12 months as a surge within the delta variant upends manufacturing facility manufacturing and delivery in Asia. Bloomberg’s Enda Curran experiences on “Bloomberg Dawn: Asia.”
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Global Supply Chain Woes Getting Worse
More inflationary pressures
CHINA HAS TOOOOOO MUCH DEBTS AGAINST ITS GDP!!!! ITS GDP GROWING SPEED CANNOT CATCH UP WITH ITS GROWING SPEED OF NATIONAL DEBTS!!!! PBOC MADE A HUGE MISTAKE OR IT HAS NO MORE ROOM TO CUT LPR AND RRR FURTHER!!! CHINESE FINANCIAL MARKET IS STARTING TO COLLAPSE NOW!!!! LOOK AT THE FACT AND THE REALITY!!!!
My asian store owner told me they will be out of rice to sell by October.
I stockpiled 3 bags of rice.
Shrug.
the only thing transitory here is Chairman Powell's position as Fed chairman, LOL.
no no its transitory. Just problems that will go away when economy fully reopens, remember?
Incompetence and Chinas envy for power is causing this
Fed is just pumping the asset bubble, so they lie about inflation being “transitory” and claim to help the little guy. In reality, they are creating inflation which is a regressive tax on the little guy.
Tell china to stop nuking its own economy to spite its own progress
STNG looking very nice…
Oooh mannn
China… the root of all modern problems
I think it's gonna be a long, painful winter for the Chinese folks.
I'm hearing there are already food and water shortages right now. Can you imagine in a few months?
Ouch!
Buy local.
Stop relying on communist China for our supplies
Joe Biden is the most popular president in American History!