Global Shipping Routes Go Up in Flames
#economy #federalreserve #supplychain
🔥 Global Shipping Routes Go Up in Flames 🔥
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*********** Video Breakdown ***********
In this urgent update, we delve into the rapidly evolving landscape of geopolitics and global trade that has thrust US policymakers into high alert. Chaos in the Middle East has unleashed a series of unprecedented events, with global shipping routes facing imminent threats and closures. The repercussions are already reverberating through the market, and container shipping rates are on the brink of soaring.
Discover the real-time impact on market stability as we break down the current situation, exploring how this crisis is poised to hit your wallet sooner rather than later. The Biden administration faces a critical moment as the primary purpose of US military dominance, centered around maritime shipping, is under severe strain. With 18% of global trade already affected, we dissect the potential consequences and why swift action is imperative.
Join us as we dissect the geopolitical shifts since the recent terror attack in the Middle East, the changing sentiments towards Israel, and the precarious position the United States finds itself in. Yemen's Houthi forces disrupting the Red Sea and Iran's direct threat to close the Mediterranean Sea add layers to this unfolding crisis, with significant implications for global trade routes.
As we examine the impact through the lens of Goldman Sachs Research, we also explore the historical context of the enduring US-Israel alliance, revealing the strategic importance of Israel in maintaining control over critical maritime chokepoints, such as the Suez Canal.
The video provides a comprehensive analysis of the current state of shipping routes, showcasing how major companies are diverting their vessels around Africa, leading to longer and costlier journeys. Insightful data from Flexport Inc. sheds light on the scale of the issue, with 18% of global capacity affected and potential spikes in prices for consumer goods.
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In 2012 I built Snapforce CRM, a software as a service application to compete with Salesforce, which was very expensive at the time. Since then, our user base has expanded to over 65,000 users in 12 countries. Our largest customer's are mortgage companies and debt shops, who use our software for their sales process, and to check customer's credit in real time.
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