This is the Cobweb Model / Pork Cycle in effect. [1][2] Farmer goes to market, sees Pigs are selling well. So he goes back to his farm and breeds pigs. He look

This is the Cobweb Model / Pork Cycle in effect. [1][2] Farmer goes to market, sees Pigs are selling well. So he goes back to his farm and breeds pigs. He looks forward to his profit once his pigs have all grown up. Problem is, so did everyone else at the market. So in a year's time when everybody takes their grown pigs to sell, there are too many. The container shippers thought that payday was around forever, so they invested in more ships and super ships with 15k+ TEUs. The real surprise is why they all thought they would be the last shipping line standing. [1] https://en.wikipedia.org/wiki/Cobweb_model https://en.wikipedia.org/wiki/Cobweb_model [2] https://en.wikipedia.org/wiki/Pork_cycle https://en.wikipedia.org/wiki/Pork_cycle