The Communist Chinese government is still enforcing a hardcore lockdown of the major city of Shanghai, and the results are... well, they're rather predictable.
Dotting the sea off Chinese ports are 477 bulk cargo ships waiting to deliver resources from metal ore to grain into the country.
Queues of vessels carrying raw materials have jumped after Shanghai initiated a city-wide lockdown at the end of last month to combat Covid-19. More than two weeks on, the congestion has expanded to nearby Ningbo-Zhoushan as ship-owners desperately divert ships to other ports in the country to avoid the trucker shortage and warehouse closures in Shanghai.
Well, that's not going to end well; in fact the effects on the global economy will likely be swift and severe. Weird how China keeps doing that, isn't it? Could it possibly be deliberate??
Rendered as a form of data, the massive shipping stall is even more striking:
Yeah, that's....wow. Just wow. That big red line is a very bad sign indeed.
Almost like China wants to continue to destabilize the global order even more in order to solidify its dominant place as the world's #1 economy!
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