Saturday, September 25, 2021

We're Losing The Economic War

This was the statement I made the other day. Here's more about that.
LA port backup grows to record 62 ships as supply chain crunch worsens
"A record 62 cargo ships are waiting to dock at the ports of Los Angeles and Long Beach, and are stuck floating off the coast... The Port of Long Beach has broken monthly records for how much cargo has passed through for 12 of the last 13 months, with 32 percent more cargo processed this year than in 2020..."

Simple logic dictates every one of those incoming cargo ships are making other countries even richer. They then can use those profits to buy up more American farms and manufacturing companies. Then in turn shutting them down requiring us to buy even more crap from them. Thus creating a shortage will drive up profits even higher for them.

Duh !
U.S. leaders must be a special kind of stupid to continue allowing this to happen. There's very little consumers can do about this. Unfortunately Washington politicians are too busy trying to destroy one another to be bothered with what would be in the best interest of the country. 

Saudi Arabia Buying American Water Rights

There are no limits on the amount of water foreign governments can extract and export.

They're even buying the cargo ports themselves!

So while the ignorant damn fools down in Washington are playing political games we're being taken over through ownership. The countries that own our wealth are the ones that will control Washington (if they aren't already). This is some seriously alarming stuff in my book.

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