https://br.yahoo.com/news/representante-comercial-dos-eua-diz-230302566.html
A China está muito atrasada em suas promessas no acordo de aumentar as compras de bens dos EUA em 200 bilhões de dólares durante 2020 e 2021, em comparação com os níveis de 2017, tendo atingido apenas 60% da meta até 30 de setembro, segundo dados compilados pelo economista comercial Chade Bown, do Instituto Peterson de Economia Internacional
Yea, either they're "late" or they noticeably cut their investments/ties with the US because of Enrique.
The issue with being the highest "demander" in the world is that it comes with a high rate of dependency on others to feed your wants and that obviously has to include their willingness, or lack thereof. If you're going to have severe demands in order to appease yourself, the least you could do is have your own supportive enough supply chain in case you upset your suppliers. However, the US has been too reliant upon imports for quite a while now because of the fact the dollar still holds its status as world's reserve currency.
Enrique obviously underestimated the importance of the supplier to his high demand nation. Now, I understand the American prerogative in wanting to maintain the status-quo but that has been the case for a few decades now and China has appeared to have taken the role of "standing-up-to-the-bully".
Not only that, but it appears to want to take all the candy the bully took and share it with everyone on the playground which amounts to quite the valiant task.
President Biden has pushed the nation’s major ports to operate around the clock, shipping companies are getting fined for containers lingering on port docks, trucking operations are desperately recruiting foreign drivers, and pop-up container yards are hastily being funded in preparation for the holiday season. But beneath the hand-wringing over labor shortages and rusty infrastructure, there is an incontrovertible fact: the current supply-chain chaos is driven by demand. Americans are buying more goods than ever before and the current resources along the supply chain can’t keep up with U.S. shoppers.
Um, yea, to put it in a nutshell, that's well put.
“The technical explanation of what is actually happening doesn’t necessarily make for a very good headline. You get ships outside the harbor, anchors dragging pipelines, empty shelves, Christmas is canceled,” says David Shillingford, chief strategy officer of Everstream Analytics, a supply chain risk analytics company. “But what it really comes down to is Americans having more cash than they’ve had for a very long time, pent up demand, and just more demand than the supply chain is designed for—it’s more a demand problem than anything else.”
I don think it will go as far as Christmas being canceled but it might definitely be a different experience. I think it's more of a supply issue because no matter how much demand you have, if there isn't supply to meet it, then you dont get what you want. It's that simple.
Again, in the law of S & D, the former plays just as important a role as the latter, if not more important, since the latter doesnt materialize without the former. Whereas if the latter doesnt materialize, the former is simply stuck with over-inventory which can be used, consumed, sold elsewhere or disposed of.
China may have been dependent upon US consumption for a long time but they now seem to have leveled off the playing field both domestically and abroad. They have a healthy GDP due to its economic policies being much more fiscally responsible than the US. And here we are, half a century later and things are very different.
And the only way things could swing back on the US's side is if it went back on the gold standard which is practically impossible.
No comments:
Post a Comment