Big Shipper News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Seeing. and just, you know, i spoke to one of my clients who is a big shipper, ships a lot from china. before the covid situation, the costs from china to atlanta was about $3,500 per container. during the covid situation, and the backlog, you know, spiked up to 12,380. it should drop down to about 8500, but he says it would drop a lot faster if it weren't for a lot of the regulations that are being put in place. and the biggest bottlenecks we are seeing is in the port of los angeles where that is a total mess and there are ships that are floating out in the oceans with containers on them that...

To it. but 16 trillion ask 16 trillion and it is going very rapidly. and in fact, martha, the pace of accumulation of this debt is about to speed up. because our economy is weakening all over again. factories are producing less. we have spending on construction, down. and a big shipper, fedex, sees gloom and doom all over the place and a slowing economy. when you have a slowing economy, you build up the debt even faster. so that $16 trillion figure is going to grow more rapidly. martha: yeah. you have to wonder how that impacts this election? we heard a lot last night about the president needi...