This article has been tagged under China, Australia and economics. What is happening between China and Australia is a microcosm for what is happening globally. How much of China’s problems are staged and how many are self-inflicted wounds? They are facing enormous internal disruptions and flooding. The flooding is due to the changing global jet streams which is in turn due to space weather. And what is up with those extended supply lines and just-in-time delivery? All those ships waiting to unload at the Port of LA.
It is a good thing that Santa gets all his Xmas presents made by elves at the North Pole because if he had to rely on China he would be stuffed.
Gravitas: China gripped by floods and blackouts (13 Oct 6 min)
Gravitas Plus: The Supply chain crisis (11 Oct 9 min)
How did Beijing dig a massive hole for itself? And why Australia could shrug off China… (17 min)
Delays, High Prices, and Shortages: The Consequences of LA’s Congested Ports | Sal Mercogliano (9 Oct 35 min)
This might seem like old news as the canal is now clear. It was blocked for six days far shorter than they thought but the knock on effect will cost the global economy 54 billion. This will push the price of goods up and it fits the narrative that they are building that we need “global governance” because our systems are “so fragile”. This was in my view no accident we are in an asymmetrical war.