Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
The Rabid Capitalist previously reported that the reprieve from a dockworkers’ strike announced on October 3 showed signs of collapse. This week, Maersk warned customers to remove cargo from East and Gulf Coast ports before the January 15 negotiation deadline. The deadlock, with the resumption of a strike on January 16, would ignite inflation and jeopardize economic growth.
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