More Shipping Disruptions, Entire City of Shanghai Placed Under Lockdown

April 3, 2022

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2:04 pm

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26 comments

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Economics

Entire Shanghai Placed Under Lockdown

Bloomberg reports Entire Shanghai Placed Under Lockdown

Shanghai’s 25 million residents are almost all under some form of lockdown as the financial hub struggles to contain the coronavirus’s highly contagious omicron variant.

The eastern half of the mega Chinese city remains under tight movement restrictions despite the end of a four-day sweeping lockdown Friday morning, according to a government statement Saturday. That means the entire population of the metropolis is currently under some form of quarantine as the two-part lockdown shifted to the western half of Shanghai on Friday.

Residents in the western part of the city, where about two-thirds of its population live, began their four-day lockdown at 3 a.m. local time on Friday as the program approached an end in the east. During the restrictions, residents are barred from leaving home except for mandatory mass Covid tests.

Port Disruptions Before the Total Lockdown

This was written before Shanghai went into total lockdownhttps://t.co/De1HbpiWW4

— Jim Bianco (@biancoresearch) April 3, 2022

Port Delays Getting Worse

In very bad news for global supply chains, Port Delays are Getting Worse in Shanghai.

VesselsValue, a global shipping data provider, said the number of ships waiting to load or discharge at Shanghai’s port had skyrocketed to more than 300 this week, a near five fold increase in the past two and half weeks.

Shanghai is the world’s busiest container port. It handles more than four times the volume at the Port of Los Angeles.

This post originated at MishTalk.Com

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26 Comments

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Rbm

2 years ago

I maybe wrong but i thought china required everyone to get vaxed. If they did i wonder whats going on. I understand the huge population center but la and nyc seem to be ok.

Naphtali

2 years ago

Reply to Rbm

Shipping halt from China may be the second front against the dollar. Covid provides an excellent motivational cover.

Rbm

2 years ago

Reply to Naphtali

Yeah i was kind of pondering something along that line.

Putin visited china and the saudis a bit before the war. All three would benefit from a weaker us. Maybe a second front so to speak to finally bankrupt us.

dmartin

2 years ago

Reply to Rbm

their vaccines are not MRNA like western vaccines…so not as effective…hence, why lockdowns continue

thimk

2 years ago

these are crazy times. I find myself buying backup stuff > (i.e. car, computer , electronics , cotton garments, paint/stain ) even though I really don’t need them now. Just in time inventory morphs into ” place an order inventory” .

thimk

2 years ago

Reply to thimk

post script . publix had chicken quarters on sale today for 1.29 /lb . Thought I found El dorado . Loaded up

Maximus_Minimus

2 years ago

I have to admit, that picture of the port of Shanghai is somewhat dystopian.

Doug78

2 years ago

Apparently the oil for rubles demand by Russia has been put off if I believe the Kremlin’s spokesman and today the Baltics have stopped all Russian gas imports totally in no matter in what currency. All of Europe will follow in the next few days. Any business with Russia is more than toxic now. It is criminal.

Casual_Observer2020

2 years ago

The vaccines developed by Russia, China and India simply don’t work or are so ineffective that death will be the norm for citizens there. I do expect there will be a future variant of covid that will wipe out 25% of the global population. I think viruses in general will become more lethal as planet warms 1 or 2 degrees. This is something no one has even examined but is quite intuitive if you look at what viruses need to survive. The reason the hot zone of the earth had so much more death and viral outbreaks is obvious but imagine the whole planet warming and viruses surviving for longer. We are lucky to have mRNA vaccines but I’m not sure that will be enough. The viruses are adapting and we are giving them a more hospitable planet on which to percolate.

Jojo

2 years ago

Reply to Casual_Observer2020

Official Government data suggests the Fully Vaccinated are suffering Antibody-Dependent Enhancement; and the newly published Pfizer Documents prove Pfizer & the FDA knew it would happen

BY THE EXPOSÉ ON APRIL 3, 2022

link to dailyexpose.uk

Moreorlessly

2 years ago

Reply to Jojo

The Daily Expose is not even credible. It is a conspiracy theory news outlet.

Jojo

2 years ago

Reply to Moreorlessly

In this story, they show you the data. Try reading before ignoring something that may not agree with your most cherished beliefs (i.e. indoctrination).

StukiMoi

2 years ago

Reply to Moreorlessly

My news outlet’s daddy can beat up your news outlet’s daddy. That’s what the man on my teevee says. And he says he is an expert!

News outlets, like all else in totalitarian, fully financialized dystopias, are all the same. None are any more credible than others. And yes, daily expose has exactly zero credibility……….

RonJ

2 years ago

Reply to Casual_Observer2020

Winter is cold and flu season. It is cold, then. It is also the time when people in colder climates have a lack of vitamin D production from the sun.

RonJ

2 years ago

The Port of Los Angeles is facing the possibility of another union strike. That is getting played up on local news. I have no idea what the odds are of that occurring. The grocery workers union has authorized a strike if a deal cannot be struck. The picket signs are printed and ready to go. According to KTLA “news” the workers want an increase of $5, while the grocery stores are offering $2.

Jojo

2 years ago

Reply to RonJ

I said a long time back that when they started giving 7-11 clerks $15/hr minimum wage that everyone else would be clamoring for similar or better increases and that inflation in most everything would ensue. Here we are.

When all is said and done, the people at the bottom of the wage pyramid got increases to more “livable” wages but their costs of living will also increase so that they pay more for food, more for cars, more for apartment rentals, services, etc. leaving them STILL at the bottom of the pyramid!

RonJ

2 years ago

The Dark Ages return.

Lockdowns never worked. Israel had a serious level lockdown and while it appeared successful, they had no herd immunity as a result and were open to a flood of cases further in the future. Here we are in the 21st century and science is being rejected.

HCQ and Ivermectin both have good efficacy against Covid, yet we are lied to that they don’t work. Anti-science prevails, the result of rigged testing to commit scientific fraud, which costs people their life.

The vaccines are not safe either. Yet we are lied to that they are safe and effective. More anti-science. Nine pages of adverse events according to the Pfizer data. We were even lied to that vaccine immunity was better than natural immunity, just to push more unsafe vaccinations. The government didn’t care who was injured or killed by the shots. After all, it wouldn’t be their problem, it would be the problem of the person injured or killed.

Covid-19 is treatable and has been nearly since it began, but politics and pharmaceutical business interests superseded public health and medical treatment. What has been going on for over two years is the result of corruption and everyone has been harmed by it in one way or another.

TheCaptain

2 years ago

Reply to RonJ

“The vaccines are not safe either. Yet we are lied to that they are safe and effective.”

One of the things I have learned in my life is to apply lessons broadly. I learned long ago that big government cannot be trusted. It is organized crime. This is why I would not take their vax and when they started to get all pushy about it then I knew something was very very wrong with it. If people were thinking the vax was good and safe then conservatives would want it as well. But turns out only the brainwashed government lovers wanted it so I knew it was poison.

But I do not trust government AT ALL. It is now a living entity with its own agenda and since that entity is parasitic in nature, the people are on the menu. Be forewarned.

Maximus_Minimus

2 years ago

Reply to RonJ

“We were even lied to that vaccine immunity was better than natural immunity.”

That was extended to the completely questionable assertion that those who had covid are still unprotected and needed two shots.

Didn’t bother to study it, either.

But then, the whole science of drug testing, verification, and advisory has been outsourced to pharma industry.

SyTuck

2 years ago

Reply to RonJ

links?

RonJ

2 years ago

Reply to SyTuck

Fauci: “The most potent vaccination is getting infected yourself.” That is a quote from some time ago. He conveniently ignored it in order to promote a false need to those with Covid antibodies from prior infection, of getting an injection of an unsafe shot.

RonJ

2 years ago

Reply to RonJ

link to celiafarber.substack.com

link to c19ivermectin.com

ColoradoAccountant

2 years ago

Reply to RonJ

And they changed the definition of vaccines to include these Covid treatments.

whirlaway

2 years ago

Hmm. I wonder if China is playing chess here. If stuff doesn’t get shipped to the US, it will not only create huge shortages but also greatly worsen the US inflation picture. That will put more pressure on US/NATO to not get tangled in Ukraine.

One thing is sure though. Biden and the DONORcrats are toast, not just in Nov this year but in the 2024 elections as well.

Billy

2 years ago

Reply to whirlaway

They are only toast as long as who ever counts the votes and keeps them anonymous wants them to be toast.

Regardless of who ever appears to be in charge, the government continues to grow, print more money, become less efficient, and less transparent. All while personally becoming rich at all of the citizen’s cost.

The citizens all need to stop caring about the latest headlines(sorry Mish) and start registering how each and everyone of us votes. We need a system outside of our government to keep track of how we vote. One that could be based on blockchain to track everything. One that is available to everyone so anyone can count and verify that our votes matter.

We should start at a small level. Count Union votes for Starbucks locations. Then move up to Amazon unions then local governments, ect.

Regardless of where we stand on smaller issues, we all need to make this a priority.

Maximus_Minimus

2 years ago

Reply to whirlaway

I don’t see ultirior motives, since this zero covid policy has been in place long before this year.

It makes sense in densely crowded dystopian cities which is the hallmark of China, in particular.

More sparcely populated places don’t need these draconian rules.

Which confirms my economic rule: big population in a crowded space is an economic liability, not an asset (what tenured economists wouldn’t dare to think).

More Shipping Disruptions, Entire City of Shanghai Placed Under Lockdown

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