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Economic Collapse Begins Next Week
Steve Van Metre might be accused of hyperbole with his titles, but in this case his focus on the imminent reduction of import traffic to all ports of entry, both coasts, will necessarily be responded to quickly with cost saving measures, which always begin with labor. You cannot operate a port dock without incoming traffic unless you consolidate dock functions to minimize unnecessary expenditure. Once the layoffs begin, the flow is downhill toward all segments of the commercial chain. This may or may not be a sustained loss. But no matter the duration, it translates to worse conditions across all segments of American society, which was not all that healthy to start with. A look at credit default figures will fill you in if you don't already know.
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