{"id":154532,"date":"2021-10-10T07:00:48","date_gmt":"2021-10-10T05:00:48","guid":{"rendered":"https:\/\/vdd7.com\/?p=154532"},"modified":"2021-10-12T14:28:16","modified_gmt":"2021-10-12T12:28:16","slug":"worldwide-shortages-of-everything-are-here","status":"publish","type":"post","link":"https:\/\/vdd7.com\/pt\/worldwide-shortages-of-everything-are-here\/","title":{"rendered":"Chegou a escassez mundial de tudo - VdD7"},"content":{"rendered":"
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Worldwide Shortages of Everything Are Here<\/h3>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n\n\t\t\t<\/div> \n\t\t<\/div>\n\t<\/div> \n<\/div><\/div>\n\t\t
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Reports from all over the world of food shortages and shortages of everything else are becoming regular events,<\/strong> <\/em>not only in 3rd world countries, but 1st world nations like the United States.<\/strong> So, what is the root of the problem, can it be fixed, and how long will that take?<\/em><\/p>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n

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Why?<\/h4>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n
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These major food shortages are taking place for many reasons,<\/strong> but one of the major issues is because of employment shortages in every country of dock workers, ship workers, and truck drivers. During COVID shutdowns people were forced to find other jobs to make ends meet,<\/strong><\/em> so instead of seeing people coming back to their old jobs, those people already moved on and found a solution. Ship workers throughout the world are not being allowed to get off of there ships as governments see them as a threat to spread COVID-19, especially the Delta variant. The Delta variant of the coronavirus has devastated parts of Asia<\/em> and prompted many nations to cut off land access for sailors. That’s left captains unable to rotate weary crews and about 100,000 seafarers stranded at sea beyond their stints in a flashback to 2020 and the height of lockdowns. This has cost the jobs of many other sailors<\/strong> who were supposed to take over the next shift when the ship arrived to its intended destination. Due to the uncomfortably long journeys, many are quitting or already lost their jobs due to COVID policies.<\/strong><\/p>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n

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These new lockdowns due to the Delta variant<\/strong> are taking place throughout the world, shutting down ports in the process creating massive backlogs of ships at major ports. For example in Vietnam the recent port shutdown led to a back log of 100,000 containers.<\/em> China\u2019s Ningbo-Zhoushan port, the third largest in the world, also had to shut down operations due to a recent COVID lockdown. Currently what used to take 45 days to get a container shipped, unloaded, and on store shelves, is now taking up to 70 days. Lockdowns and the Delta variant aren\u2019t the only thing causing this massive supply chain chaos. The recent Suez Canal crisis was compounded by deadly floods in economic giants China and Germany<\/em><\/strong> which have further ruptured global supply lines that had yet to recover from the first wave of the pandemic, compromising trillions of dollars of economic activity that rely on them. Other man made causes like the recent cyber attack on South Africa\u2019s main ports that caused an eight day delay<\/em> have not helped as well. Meanwhile in Great Britain the official health app has told hundreds of thousands of workers to isolate following contact with someone with COVID-19, leading to supermarkets warning of a short supply and some petrol stations closing.<\/strong> All of this, on top of food and petrol not making it to gas stations and grocery stores due to a lack of truck drivers. They have now gotten the army to drive trucks to try to make up the shortages.<\/p>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n\r\n

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Prices Skyrocket<\/h4>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n\r\n
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We are not the only people sounding the alarm of what is coming.<\/em> Executives around the world of major Grocery and Food chains are sounding the alarm and warning of major shortages of everything coming soon. Prices inevitably go higher as demand rises and the price hikes are starting with shipping. 90% of the world\u2019s traded goods are loaded onto container ships and freight charges have hit all time records.<\/strong> 40 foot containers, which are the main means by which products are shipped on container ships across the ocean, have jumped dramatically over the last two years. For example the cost of a container being shipped from China to the United States went from 2,000 USD in November 2020 to 8,000 USD<\/em> in January 2021 then to 11,000 by the end of July, and now cost more than 20,000 USD as of October 2021. The latest China to Europe price is currently 14,000 USD.<\/strong> Now that Christmas is coming up, the United States is the world\u2019s biggest cash cow as demand for consumers is very high in the US and is causing shipping companies to shift many of their ships to US shipping lanes because US companies are willing to pay the highest prices.<\/p>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n

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“Ships can only be profitably operated in the trades where freight rates are higher, and that is why capacity is shifting mostly to the U.S.,”<\/em> said Tan Hua Joo, executive consultant at research consultancy Linerlytica. Some shippers have reduced volumes in less profitable routes, such as the transatlantic and intra-Asia.<\/strong> This means that rates on the less profitable routes are now increasing fast due to fewer available ships. Therefor everyone is effected.<\/strong><\/em> Now most major ports instead of being able to unload ships within 2-3 days it is taking 7-8 days<\/strong> which is why you see 70 to 80 ships waiting off the coast just outside the ports of California and every other major port in the world.<\/p>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n

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Now, once the products eventually get to stores, we the consumer are paying much higher price<\/strong>s due to these increased shipping costs<\/em><\/strong> as well as workers being paid higher salaries to incentivize them to come back to work. All of this is troubling,<\/em> but it is also an opportunity.<\/p>\n\t<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n\n\t

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