No End in Sight for Stagflation as Container Shipping Rates Rise Tenfold.

#supplychain #shipping #china #inflation #cpi #ppi #economy #dollar #markets #QE #markets #economics

Today we will look at why there is a crisis brewing in global shipping that will lead to even higher prices of consumer goods.

Our conclusion is that the global supply chain bottlenecks will not improve and that higher prices and economic stagnation will result in continued 1970s style stagflation.

World's Third-Busiest Port Remains Partially Shut In China, Stoking Fresh Supply-Chain Fears: https://www.zerohedge.com/economics/worlds-third-busiest-port-remains-partially-shut-china-stoking-fresh-supply-chain-fears

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