Transpacific Shipping Drops 75% During Peak Season as Joe Biden Energy Inflation Bites and Consumer Spending Collapses
The Conservative Tree House
A single transpacific container shipment cost $19,000 in 2021, then $14,500 in 2022 as the intentional slowdown began. Now it’s only $3,900 as entire fleets of cargo shipments are cancelled due to lack of demand by U.S. purchasers.
Folks, get ready…. because it’s not going to get better. Prior farm costs, an outcome of energy price increases, are now reaching the supply chain. Food costs will continue increasing throughout the holiday season.
(Wall Street Journal) […] Trans-Pacific shipping rates have plummeted roughly 75% from year-ago levels. The transportation industry is grappling with weaker demand as big retailers cancel orders with vendors and step up efforts to cut inventories. FedEx Corp. recently said it would cancel flights and park cargo planes because of a sharp drop in shipping volumes. On Thursday, Nike Inc. said it was sitting on 65% more inventory in North America than a year earlier and would resort to markdowns.
[…] One response to the melting demand has been to reduce sailing trips. In September, container capacity offered by ship operators in the Pacific was down 13%, dropping the equivalent of 21 ships that can each move 8,000 containers in a single voyage, from a year earlier, according to shipping-data providers Xeneta and Sea-Intelligence.
For the two weeks starting Oct. 3, a total of about 40 scheduled sailings to the U.S. West Coast from Asia and 21 sailings to the East Coast from Asia have been scrapped, according to the data companies as well as customer advisories viewed by The Wall Street Journal. Typically at this time of year, an average of two to four sailings a week are blanked, the industry’s term for canceled sailings.
[…] “In the first week of October, one-third of previously announced capacity will be blanked and for the second week, it will be around half,” said Peter Sand, chief analyst at Xeneta. “The downturn pace in recent weeks has been very fast and it looks like carriers misread the low volumes of a nonexistent peak season.”
The period between late summer and early fall typically is the busiest time of year for the largest carriers, as retailers and other importers build inventories ahead of the holiday shopping season. (more)
All of this has to do with the intentional destruction of the oil, coal and gas industry. Western national economic collapse is a feature of the Build Back Better agenda. The economy will continue to be lowered until it small enough to be replaced by “climate friendly” energy resources, windmills and solar farms.
The more consumers demand to keep their standard of living, the harder the central banks will squeeze to inflict the pain. The western leaders and their banking benefactors do not want us owning things that require energy resources. The economic pain will continue (in western nations) until citizens acquiesce to eating bugs and sustainable algae cakes, while taking mass transportation instead of personal vehicles.
The Conservative Tree House may be called a Last Refuge for each of us for different reasons. Whatever trail through the woods brought us here, we have shared the turmoil of storms as we have been finding our voices as individuals in this growing community
Perhaps you’ve had some truly shockingly cruel things said to you purely because you believe in limited government and fiscal conservatism. Perhaps you not only believe that we should be self-reliant and personally responsible, but also believe that when we are allowed to depend on ourselves, we are stronger, more successful, take greater pride in ourselves and our work, and are more likely to make positive contributions to society. And then we are happier people, or at least more likely to be happier.
Which lends to the following theory: Fear is at the core of modern liberalism, and love/trust is at the core of conservatism. Modern liberalism, most commonly evolved to leftism, is about control. Conservatism is about self-empowerment.
Control is a reaction to fear. Think in terms or politics and society – the fear behind liberalism is the fear that someone might withhold things (opportunities, money, whatever) from me, fear that if you live your life in a way I dislike that it might affect my life, fear that if you get that job, there will be nothing left for me. Fear that if you make tons of money, it’s means there’s less money out there for me. So people who believe in leftist ideologies seek control as a means of trying to create guarantees and safeguards against those circumstances they fear.
Modern “liberals”, leftists, try to control the world and people to enable their comfort and happiness. Which, as we know, is an endless quest. Trying to control others does nothing in the way of making oneself happy. By extension, voting in this mindset so that government can try to control others will also – shocking – not lead to a happier, more comfortable life.
The conservative (and moderate, independent, but for the sake of expediency, the conservative), on the other hand, relies on himself to meet his own needs. And the trade off of being free to live his life as he wishes is also understanding that he has to make peace with how you live yours. By extension, aware that he wants to be able to hold onto this liberty and freedom forever, the conservative votes accordingly, so that everyone can remain free and in charge of his or her own life.
But here’s the crucial difference, perhaps, particularly where misery on the left stems: The conservative does not worry, so to speak, about you. The conservative knows that you were born with the same access to self-love, self-empowerment, self-determination and self-reliance that we all were, no matter the circumstances into which you were born. (Think about the millions of people this country has allowed to crawl up from poverty into prosperity – the conservative KNOWS this is possible.) And the conservative believes that if you want prosperity, or a good job, or a good education, you can make it happen – but you have to work hard.
The conservative hopes and intends that the free markets bring you all of the affordable and positive opportunities and resources that you need. The conservative also knows that on the other side of that hard work is great reward – material and, more importantly, emotional, spiritual and mental.
The conservative understands that not only is it a waste of time to try to control you, it’s actually impossible. Humans were born to be free. And if we put a roadblock in front of you, you’ll find another way around it. So we see attempts at control as a waste of resources, energy and time at best, and at worst, creating detrimental results that serve to hinder people’s upward mobility or teach dependence. We see much more efficiency, as well as endless opportunity, in leaving you to your own devices. And we want the same in return.
This is where modern democrats mis-view conservatives as heartless. But really, the conservative believes that there is one and one path only to sustainable success and independence – and that is self-empowerment. All other avenues – welfare, affirmative action, housing loans you can’t actually afford – ultimately risk doing a disservice to people as they teach dependence on special circumstances, the govt, or arbitrary assistance (that can disappear tomorrow). And the real danger – they will ALWAYS backfire, and leave the recipient in equally or more dire circumstances. Any false improvement will always expire.
The conservative believes in abundance. The liberal believes in scarcity.
The conservative believes man is born free and will be who he is, no matter what arbitrary limitations or rules are put on him. The leftist believes man is perfectible, and by extension, believes a society at large is perfectible, and command and control is justified in the quest to a “perfect” utopian society. (Sounds familiar!)
The conservative tends to be more faithful – and not necessarily in God, but in the ability of the individual to find great strength in himself (or from his God) to get what he needs and to be successful. Therefore the conservative has an outlet for his fear and disappointment – trust and faith in something bigger.
The leftist believes the system must be perfected in order to enable success. Therefore disappointment is channeled as anger and blame at the system. Voids are left to be filled by faith in the govt, which they surely then want to come in and “fix” things.
We think the Treehouse is a good armory for those who doing long distance walking for the sake of our nation. We hope you’ll think so, too. Find yourself a good branch….or just pull up a rock to the campfire.