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15 comments

[–] ScorpioGlitch 1 points (+1|-0)
[–] jobes [OP] 2 points (+2|-0)

Yea I think I posted that exact same article the day it was published. Thanks

[–] ScorpioGlitch 1 points (+1|-0)

Was it here I found that? I go to a number of content aggregation sites so I lose track. Funny thing is that I've been saying for the last 6ish months that this was going to happen. People really have no idea how close we came to supply lines snapping. And businesses will use any and every excuse they can to raise prices and never lower them again.

[–] jobes [OP] 2 points (+2|-0)

Rumblings I'm hearing around social media is that it's going to be a whole lot worse than expected. There are still 20+ container ships docked outside of LA's harbors daily that are unable to be unloaded. Container cost has generally doubled with prices being 3-4x in many places in Asia due to so much demand to export. A year ago a container was like $2500, now $4000-6500 is pretty common. I saw an article the other day talking about how someone offered $15,000 for a container and couldn't even secure one. I saw some Italian food importer in the US saying prices were going to rise 40-60% soon.

Stock up on shelf-stable food now if you have not yet.