roubaixtuesday
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It's looking like weird is the new blue on here at the moment.
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Coronavirus (2022) thread
- Thread starter Ric
- Start date
It's looking like weird is the new blue on here at the moment.
Healdplace
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England hospital patients down by 204 to 9600 today. Ventilators down 23 to 303.
Low points since mid Summer last year.
UK ventilator totals are also the lowest since then as they have just another 29 atop (6 in Northern Ireland, 11 in Scotland & 12 in Wales)
North West has 42 - it was 59 last week.
Full numbers on the data thread for anyone interested.
Low points since mid Summer last year.
UK ventilator totals are also the lowest since then as they have just another 29 atop (6 in Northern Ireland, 11 in Scotland & 12 in Wales)
North West has 42 - it was 59 last week.
Full numbers on the data thread for anyone interested.
Johnny Mars Bar
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Impending financial doom? The economy is up 7.5% in the last year, back to levels just 2% below where they were before the pandemic started. We are currently experiencing the fastest economic growth we’ve had since the end of World War 2.
We’ve never been in a lockdown at any point during the pandemic, and the more strict restrictions that were coined a “lockdown” ended 11 months ago (almost 12, as it was 5th March 2021).
7% inflation and I’ve not had a pay rise since 2019 due to covid.
Rammy Blue
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Cost of living is fucking scary nowadays, and only going to get worse short term.7% inflation and I’ve not had a pay rise since 2019 due to covid.
SWP's back
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A lot of it is down to global supply chain blockages due to covid. It will sort itself out fairly fast in 2022 thanks to omicron.Cost of living is fucking scary nowadays, and only going to get worse short term.
A lot of it is down to global supply chain blockages due to covid. It will sort itself out fairly fast in 2022 thanks to omicron.
I can assure you the global supply chain blockages will not improve in 2022. The China - US trade lane will get worse before it gets better and the ripple effects from that region impacts all trade globally. You are looking at 2023 at the earliest and even that is optimistic.
SWP's back
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Was literally on a call with Goldman yesterday and they disagree but the surety of your answer suggests maybe this is your field (it’s not mine)?I can assure you the global supply chain blockages will not improve in 2022. The China - US trade lane will get worse before it gets better and the ripple effects from that region impacts all trade globally. You are looking at 2023 at the earliest and even that is optimistic.
Was literally on a call with Goldman yesterday and they disagree but the surety of your answer suggests maybe this is your field (it’s not mine)?
Yep. There are many facets to this but it is mainly driven by the ridiculous shipping costs globally. There are also huge capacity constraints that are driving this. Things are not improving and if anything rates are increasing. A container pre Covid would cost apx $1000 from China to Europe. Rates are still +$15000 and getting space on vessels is still a huge challenge. Rates may soften as we get in to Q3 or Q4 but most likely it will be 2023 at the earliest.
Toney’s bookie
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Yep. There are many facets to this but it is mainly driven by the ridiculous shipping costs globally. There are also huge capacity constraints that are driving this. Things are not improving and if anything rates are increasing. A container pre Covid would cost apx $1000 from China to Europe. Rates are still +$15000 and getting space on vessels is still a huge challenge. Rates may soften as we get in to Q3 or Q4 but most likely it will be 2023 at the earliest.
It doesn’t help that air transport between SE Asia and anywhere else has fallen off a cliff - that’s a lot of lifting capacity gone.
It doesn’t help that air transport between SE Asia and anywhere else has fallen off a cliff - that’s a lot of lifting capacity gone.
True but everything is driven by China. Their Covid zero policy is still having a massive impact. Ports are still heavily congested in China and Hong Kong and this results in crazy freight costs. Pretty much all industries are suffering big time and the costs are then passed on to the consumer. Companies will re design their globalised supply chains after Covid. More manufacturing will move to Europe and the Americas.