Drunk Real Estate 97. Empty Ports, Price Surges & a Hidden Recession Signal
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May 15, 2025 Empty ships are flooding U.S. ports, leading to a looming crisis as retailers brace for a staggering 40% rise in import costs due to new tariffs. The hosts dive into the impact on logistics and consumer prices, revealing a disconnect between inflation reports and real-world economic pressures. They also highlight the challenges retailers like Amazon and Macy's face in this turbulent environment. Amidst the humor, they emphasize the need for transparent government spending and the importance of diversifying supply chains in today's unpredictable market.
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Inflation Data Lag and Tariffs
- CPI inflation figures appear low, but calculation changes and lag effects may obscure true inflation.
- Tariffs starting to hit could soon push real inflation higher than reported CPI data shows.
Tracking Cuts Wasteful Spending
- Tracking government spending reveals hundreds of billions previously unaccounted for, leading to reduced expenditures.
- Transparency in government fund allocation is key to controlling waste and inefficiency.
Mauricio's Dockside Stories
- Mauricio Rauld worked on the docks in Long Beach and L.A., dealing with maritime issues and longshore injuries.
- He shared grim stories of stowaways dying or being thrown overboard by crew to avoid consequences.
