Box rates now four times higher than pre-pandemic - Splash247

Inflation will continue to rise. President Biden didn't attack missile sites in Yemen for the 1st month because he was too wimpy; he just defended the fleet. His rules of engagement meant to not attack the missile sites and the command and control centers. This weak posture was stupid! It reminded me of Pesidents Johnson and Nixon during the Vietnam war that had certain military targets off limits.

He was trying to appease Iran and not attack the Iran-backed Houthis rebels directly. Now you have ships going through a much longer route to bypass the Red Sea and the Suez Canal.

Those who have stock and shipping companies like ZIM and others will see their quarterly profits rise. Quarterly dividends, which will result in trickle -down economics to those shareholders, is something President Biden HATES, but Biden is RESPONSIBLE for this high profit scenario due to his lack of leadership in dealing with state- sponsored terrorism.

Now the shipping containers that go back to China for refilling take longer and there is a shortage of them. More shipping containers have to be built and the rent for a container has gone up
drastically.

I make about $1500 dollars a year in dividends from logistics and shipping companies.

President Biden is full of malarckey when he says that trickle- down economics does not work.