4 ms·
This sounds pretty interesting. Is this article suggesting that imports will see lots of inflation because of costs to ship goods to the US? And then a backlog
by ping_pong 5y ago
This sounds pretty interesting.
Is this article suggesting that imports will see lots of inflation because of costs to ship goods to the US? And then a backlog growing in Asia, which will eventually flood the US just in time for the end of the Pandemic?
It sounds like the beginnings of an old-fashion over-inventory-driven recession. But the mechanics these days are different than what we would have seen in the US during the 1980s, since the factories are in Asia. I'm curious what the result of this will be.
- Red_Leaves_Flyy 5y agoIf American businesses have over bought and overpaid for inventory then expect bankruptcies and fire sales. Computers and cars are unlikely, but bread machines, lounge wear, exercise equipment, and similar items are likely to eventually, and randomly, saturate their markets. IOW people probably won't want a peloton in six months. If peloton overestimated demand it'll shock their books and if severe enough threaten their viability as a company.