Water levels in the Panama Canal are critically low, and the effects could be devastating. The canal represents one of the world’s most important trade routes and plays an essential role in the US trade system.
Ship traffic in the canal has already fallen by 25%, and throughput capacity has been cut in half. This drought will only worsen as an intense El Niño winter rolls through.
Although there aren’t any great short-term solutions, this should be the kick in the ass the US needs to reshore processing. Outside of mitigating future disruptions, everyone using the Panama Canal will just have to ride this wave (or use longer and more expensive routes).
Newt’s World Episode 777: “Mr. Gorbachev, tear down this wall!”
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Thought Leader: Newt Gingrich
Anderson Cooper 360: Trump Says He Is Not Reconsidering Gaetz As His Pick For AG
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Thought Leader: Anderson Cooper
Peter Zeihan on the Geopolitics of Gaming
From Peter Zeihan: PC or console? Yes, I’m talking about gaming preferences…and if you answered PC, then we all owe you a big thank you.…
Thought Leader: Peter Zeihan
Peter Zeihan on the Geopolitics of Gaming
Thought Leader: Peter Zeihan
Peter Ziehan: Revisiting 2021
Thought Leader: Peter Zeihan
