[Newfie]

No clue.

From what I can tell their “management” is working in an illogical manner. That makes prediction very difficult. Does attacking Taiwan make sense? No. Will they do it? No clue.

[Newfie]

Ship dip.

Shipping softens. Routes cancelled. Temporary?

https://gcaptain.com/maersk-suspends-ai ... oast-loop/

[vtsnowedin]

$this->bbcode_second_pass_quote('Newfie', 'S')hip dip.

Shipping softens. Routes cancelled. Temporary?

https://gcaptain.com/maersk-suspends-ai ... oast-loop/

[Newfie]

I believe Amazon is dumping a bunch of distribution centers.

[vtsnowedin]

$this->bbcode_second_pass_quote('Newfie', 'I') believe Amazon is dumping a bunch of distribution centers.

[Newfie]

What I read sad they were reducing capacity.

$this->bbcode_second_pass_quote('', '
')
CNBC reported that there would be 44 canceled or closed facilities and 25 delayed sites, based on a post by logistics consultant MVPVL International. That report said that delivery stations are the most common type of facility being closed.”

[vtsnowedin]

Well it must take a certain number of packages through a facility each day to pay the bills so if the packages are not going to be there they can't afford to have the plant and employees sitting idle. Apparently they agree with FedX's assessment of the near term economy.

[Newfie]

Yes, it seems inevitable.

It is not a bad thing, people have been on a credit high, and junk fix for a long time.

Think George Carlin and his “STUFF” monologue.

[vtsnowedin]

I am going to be watching the earnings reports that come in over the next two weeks. I expect a lot of missed targets but still positive earnings.

[AdamB]

$this->bbcode_second_pass_quote('vtsnowedin', 'I') am going to be watching the earnings reports that come in over the next two weeks. I expect a lot of missed targets but still positive earnings.

[vtsnowedin]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('vtsnowedin', 'I') am going to be watching the earnings reports that come in over the next two weeks. I expect a lot of missed targets but still positive earnings.

[AdamB]

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('vtsnowedin', 'I') am going to be watching the earnings reports that come in over the next two weeks. I expect a lot of missed targets but still positive earnings.

[Newfie]

I would not be surprised if that 50 years from now the Ukraine War marks the downturn.c the beginning of the “Big Slide” or what ever it will be called.

Globalization has always relied upon mutual trust to underpin the financial trades. This war is disrupting that international system. I can imagine some future historian writing something like:

“In 2022 the world was still attempting to recover from Covid trade disruptions, delayed by Chinas Zero Covid policy when the Ukraine War erupted, which further disrupted normal trade relationships. Countries started to scramble to assure access to necessary imports be they food, energy or minerals. This set up increased international competition for increasingly unreliable existential resources. Lurking under the daily news was the forth coming demographic collapse, which would only make restoration of the old paradigm more difficult. Some were still hopeful a resurgence of nuclear power would calm the waters, and valiant efforts would be made, but it would prove to be too little too late.”

[vtsnowedin]

$this->bbcode_second_pass_quote('Newfie', 'I') would not be surprised if that 50 years from now the Ukraine War marks the downturn.c the beginning of the “Big Slide” or what ever it will be called.

Globalization has always relied upon mutual trust to underpin the financial trades. This war is disrupting that international system. I can imagine some future historian writing something like:

“In 2022 the world was still attempting to recover from Covid trade disruptions, delayed by Chinas Zero Covid policy when the Ukraine War erupted, which further disrupted normal trade relationships. Countries started to scramble to assure access to necessary imports be they food, energy or minerals. This set up increased international competition for increasingly unreliable existential resources. Lurking under the daily news was the forth coming demographic collapse, which would only make restoration of the old paradigm more difficult. Some were still hopeful a resurgence of nuclear power would calm the waters, and valiant efforts would be made, but it would prove to be too little too late.”

[Newfie]

As always, time will tell. Here is hoping you are more correct than I.

[Newfie]

$this->bbcode_second_pass_quote('', '
')To save the world, does the economy need to stop growing?
Degrowth: A dangerous idea or the answer to the world's biggest crisis?

[careinke]

$this->bbcode_second_pass_quote('Newfie', '')$this->bbcode_second_pass_quote('', '
')To save the world, does the economy need to stop growing?
Degrowth: A dangerous idea or the answer to the world's biggest crisis?

[Newfie]

Carinke,

Glad to hear you have ideas. We need them.

Most of the point of the article is that it is really hard to imaginesome other modle. And to be frank, I get that.

But , as you say, what we are doing does not work, clearly obvious to about 2% of population, none of whom are politicians.

I sort of think Japan is the first to go down, let's see what they come up with.

[jato0072]

The current global economic system will continue until it fails and subsequently shrinks. The people in charge can't even run a city like San Francisco, Chicago, New York or Baltimore (to name a few). There is no way they can engineer a successful de-growth.

[Newfie]

Undoubtedly true.

Japan seems to be trying to finagle around international degrowth demographics by off shoring Manufacturing. The USA by immigration.

But for sure no one, not even the greens, is even speaking of it so that makes your comment obviously true. Everyone finds it i.perative we continue the consumption lifestyle.