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Economy

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mahatmakanejeeves

(64,648 posts)
Thu Apr 24, 2025, 12:09 PM Apr 24

The crash in container ships arriving at the Port of Los Angeles depicted in this graph should hit in a few weeks. [View all]

Reposted by Aaron Reichlin-Melnick

Nicholas Grossman
@nicholasgrossman.bsky.social

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The crash in container ships arriving at the Port of Los Angeles (busiest in US) depicted in this graph should hit in a few weeks, which means lost business for truckers and probably some empty shelves in stores.

Unless something big changes, the problems should become more apparent in the summer.

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paulkrugman.substack.com
April 24, 2025 at 10:59 AM

https://bsky.app/profile/nicholasgrossman.bsky.social/post/3lnkxv2ayqc2v

VMG
‪@vmg-ylw.bsky.social‬

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The Baltic Dry Index is -17.60% for the month. A falling BDI is a leading indicator of potential economic downturns, as it reflects both lower demand for goods and possibly an oversupply of shipping capacity.
April 24, 2025 at 11:09 AM

https://bsky.app/profile/vmg-ylw.bsky.social/post/3lnkyi7wvt22k
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