

Longshoreman on Strike: US Ports Get Shut Down || Peter Zeihan
Oct 10, 2024
Longshoremen across the East and Gulf Coasts are striking, severely disrupting nearly two-thirds of U.S. water imports and exports. This strike highlights the critical role of ports in the global economy, sending shockwaves through Europe’s automotive sector. Union demands for better wages clash with automation concerns, impacting trade dynamics. The shift from just-in-time to just-in-case inventory models poses new challenges for manufacturing, leading to economic drawbacks and inefficiencies. The ripple effects could be felt well into the future.
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