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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Of supply chain disruption which the head of america's central bank said is pushing up prices. here's the bbc�*s michelle fleury in new york. the main gateway for chinese goods into the us, the ports of los angeles and long beach, are blocked. something that was pretty much unheard of before the pandemic. take a look. it is a trafficjam on the pacific ocean, cargo ships loaded with 0cean, cargo ships loaded with goods from electronics to holiday toys just waiting to reach dry land. traffic is at 50% from pre—pandemic levels. the american consumer's buying strength is so strong and epic tha...

To see how much the pandemic has driven up the costs of goods and services and part of a problem is a sea of trouble at the ports of los angeles and long beach that handle 40% of the nation's imports. here's cbs' carter evans. >> reporter: it's an l.a. traffic jam in the pacific. tonight, a record 70 cargo ships carrying everything from furniture and electronics to holiday toys are just waiting to get into the ports of l.a. and long beach. >> what you're seeing now is an advance of the christmas season. >> reporter: l.a. port director gene seroka says shipping traffic is up 50% from pre- pande...