Melon [she/her,they/them] to news • 4 years agoThe Suez Canal is still blockedexternal-linkmessage-square37 fedilinkarrow-up1116file-text
arrow-up1116external-linkThe Suez Canal is still blockedMelon [she/her,they/them] to news • 4 years agomessage-square37 Commentsfedilinkfile-text
minus-squarean_engel_on_earth [he/him, they/them]hexbear16·4 years agocould it get that bad? not well versed in this stuff link
minus-squarevolcel_olive_oil [he/him]hexbear24·4 years agoconsidering that the world economy almost fucking died last year when asked to take it easy, it's not hard to imagine what a virtual bloodclot in a virtual major artery will do link
minus-squarezeal0telite [he/him,they/them]hexbear20·4 years agoIt'll def take a hit but idk about full recession. From what I saw about 12% of all global trade goes through the Suez canal so that's a pretty big hit. link
minus-squareTrumanShow_IRL [none/use name]hexbear14·4 years agohttps://www.smh.com.au/business/the-economy/suez-canal-blockage-adds-to-global-supply-chain-chaos-20210325-p57dxi.html https://www.marketplace.org/2021/03/24/the-suez-canal-block-could-hit-downstream-manufacturers-the-hardest/ link
could it get that bad? not well versed in this stuff
considering that the world economy almost fucking died last year when asked to take it easy, it's not hard to imagine what a virtual bloodclot in a virtual major artery will do
It will do nothing major.
It'll def take a hit but idk about full recession.
From what I saw about 12% of all global trade goes through the Suez canal so that's a pretty big hit.
https://www.smh.com.au/business/the-economy/suez-canal-blockage-adds-to-global-supply-chain-chaos-20210325-p57dxi.html
https://www.marketplace.org/2021/03/24/the-suez-canal-block-could-hit-downstream-manufacturers-the-hardest/
No, it will be a dip, but not that bad
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