Category Archives: Industry Jobs Oil Economics

Supply Chain Broken Cargo Ships Parked at Sea

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There are several sources reporting this crisis including retailers. Big box stores are working to even send their own charter ships and aircraft to release the inventory.Large, empty spaces have returned to store shelves as consumers return to stockpiling essential items and supply chain issues slow deliveries.Shortage of container ships in service is unsustainable - ESC

Costco has reimposed limits on the purchase of toilet paper, paper towels, and bottled water — limits first imposed during the early days of the pandemic when panicked consumers overstocked their pantries.  Read more...

Useful Details/Laws about the Migrant Chaos at the Southern Border

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As a primer:

America’s Founders were concerned about invasion. It was mentioned it four times in the Constitution, though the term was never explicitly defined.

Article I, Section 8, Paragraph 15: The Congress shall have the Power (to) provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

Article I, Section 9, Paragraph 2: The Privilege of the Writ of Habeas Corpus shall not be suspended, unless when in cases of Rebellion or Invasion the public Safety may require it.  Read more...

Is the Chinese Company Evergrande Causing a US Financial Crisis?

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China Evergrande shares plummet on default risks

EVERGRANDE GROUP

Evergrande is one of China’s leading lenders for everything from property to autos. The company has 2.3 trillion Chinese yuan in assets, which equates to about $355 billion in USD, according to the lender, which employs 200,000 workers.

By 2022, Evergrande expects to reach 3 trillion yuan in total assets, 1 trillion yuan of annual sales and 150 billion yuan of annual profits and taxes to become  “one of the world’s top 100 companies.”  Read more...

Cartel Del Golfo is Operating Stash Houses in Texas

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Primer: January 2020 by the Justice Department/ CDG is a violent Mexican criminal organization engaged in the manufacture, distribution, and importation of ton quantities of cocaine and marijuana into the United States. In the late 1990s, the Gulf Cartel recruited an elite group of former Mexican military personnel to join their ranks as security and enforcers who became known as Los Zetas. The Gulf Cartel and Los Zetas operated under the name of “The Company.” Costilla-Sanchez became the leader of The Company for several years following the arrest of Osiel Cardenas in 2003 and before Costilla-Sanchez’s arrest in September 2012. More details here.  Read more...