Sogo
Sogo's JournalIf you thought inflation was bad now....'Everything is halted'
The picture with this article says it all.... (If the picture comes through, it's thanks to mahatmakanejeeves....)
https://www.washingtonpost.com/business/2022/04/26/shanghai-lockdown-supply-chain-cars-electronics/
'Everything is halted': Shanghai shutdowns are worsening shortages
Abha Bhattarai, (c) 2022, The Washington Post
Tue, April 26, 2022, 5:38 AM·6 min read
Thousands of air fryers are stuck in factories, warehouses and ports in central China, where shutdowns have stalled millions of dollars worth of inventory for Yedi Houseware, a family-run business in Los Angeles.
How quickly those backlogged appliances make it to the United States could have wide-ranging implications across the U.S. economy, as domestic manufacturers and retailers brace for another round of disruptions from recent covid-related shutdowns in Shanghai, China's largest city. White House officials are paying close attention to the disruptions to monitor the potential impact on the U.S. economy.
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"Things are getting crazy again," said Bobby Djavaheri, the company's president. "Everything is halted. There are closures this very minute that are adding to the supply chain nightmare we've been experiencing for two years."
Other executives are dealing with similar scrambles as the situation in China appears to change every day, sweeping up many different sectors.
Widespread covid outbreaks in China have bought entire cities to a standstill and hobbled manufacturing and shipping hubs throughout the country. An estimated 373 million people - or about one-quarter of China's population - have been in covid-related lockdowns in recent weeks because of what is known as the country's zero covid policy, according to economists at Nomura Holdings. There are also fears that new lockdowns could soon take hold in the capital city, Beijing, escalating the threat to the global economic recovery.
Anxiety over new disruptions has already caused the Chinese stock market to fall sharply, weighing on U.S. stock indexes as well.
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https://www.washingtonpost.com/business/2022/04/26/shanghai-lockdown-supply-chain-cars-electronics/
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Bottom line: Bring manufacturing back to this country!
At the KBJ hearings, was it former AL Senator Doug Jones
sitting close behind and to the side of her?
I was wondering why....Does anyone know what their association is?
I never thought there would be a female vocal talent
who could rival Barbara Streisand.
But IMO, Lady Gaga may even surpass Streisand.
I must admit to not having paid much attention to her in her early career, however. I just couldn’t buy into all her cray cray. I figured she must not have much talent if she had to do so many stunts for attention (the meat dress comes to mind). But ever since her work began with Tony Bennett, which really showcased her voice, I’ve become a fan!
She had a great performance at the Grammy Awards tonight….
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