Quote:
Originally Posted by redneck
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I guess nobody saw this.
Everything...
Everyone’s purchasing power is going to take a big hit.
“Pain” is coming...
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I've been watching a documentary series on large, really large, and maybe not large but just really cool ships. The last one described a container ship that can do the nautical equivalent of 50KPH while carrying 100K tons of DVD players, Nikes, and Oakley sunglasses. During the episode, the narrator stated that shipping costs represent 1% to 2% of the retail cost of most items. If that's accurate, the "pain" to which you refer might look like a 1% or 2% price increase on your next pair of sneakers. Seems a small price to pay if the result is a significant decrease in pollution worldwide.