amarkliiv’s Recent Comments

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  slower transport vs labor costs

  as someone who works in transport, i don't think the argument that products will be simply shipped more slowly will work to offset much of the increase in fuel.

  longer times means more hours/days of paying workers as well as potential penalty rates, so it's not like the capitalist economy can simply chill out and enjoy the ride.

  also, the whole system has been reconfiguring itself around 'just in time' deliveries, so that stockpiles and warehousing of unsold products is minimized. this has been going on for a couple decades, it's not going to change overnight. this is a phenomenal and critical increase in the cost of fuel, which will surely mean the cost of just about everything... as inflation goes up, interest rates/credit costs go up to keep it in check and to keep some kind of return to capital above inflation, and to keep the dollar from collapsing much further... consumers and governments in the USA are highly indebted so there's little to cushion all this...

  a perfect storm?On Airlines, cargo ships increasingly desperate due to rising fuel costs posted 1 year, 5 months ago 11 Responses