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Belle of the Ranch

Let's talk about China, supply chains, and public health....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 19 April 2022

⏱️ 5 minutes

🧾️ Download transcript

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Transcript

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0:00.0

If just thinking about your bills makes you feel confused and disorientated,

0:05.0

like your head is full of Raspberry,

0:08.0

then you need Monzo.

0:10.0

Download your new favorite bank and pay bills from custom pots.

0:15.0

Money never felt like Monzo.

0:18.0

UK residents, T's and C supply.

0:21.0

Well, howdy there, internet people people it's Bo again so today we are going to talk

0:27.4

about supply chains public health and China. There have been a string of lockdowns in China. They started on April 2nd

0:41.2

and I think the most recent one went into effect on the 11th.

0:45.0

In total these lockdowns are covering about 373 million people.

0:52.0

It's more than the population of the United States. On top of that,

0:57.8

the 373 million people are responsible for about 40% of China's GDP, a gross domestic product.

1:08.1

Any area that's impacted sit the world's largest and the world's fourth largest ports.

1:16.0

They are not running right now.

1:18.0

Off the coast of China, there are 300 container ships and 500 bulk ships

1:25.1

waiting to be unloaded. This is going to cause supply chain issues, big ones. It's going to take a while. So what's going to happen

1:38.0

is when the lockdowns are lifted, there's all the orders that are backed up that have been coming in this whole time.

1:46.0

China will rush to produce them. Once they get them produced, they'll get them on the ships.

1:52.0

Their ports are large so they can get them moving out pretty

1:56.6

quickly. It's going to take longer for the U.S. to unload them. So we will have ships sitting off of our coast waiting to be unloaded

2:08.2

again. And it will then back up our trucking industry and rail industry and everything else.

2:18.0

So we're back to that. That's going to happen again. The conditions are already laid.

...

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