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Clothes pile up at Bangladesh warehouses as Western imports collapse
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Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.1 Articles
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Clothes pile up at Bangladesh warehouses as Western imports collapse
(Unsplash)(ZEROHEDGE) – Exactly half a year ago, on May 23, we warned that as the "bullwhip effect" was set to end with a bang, and as inventories were set to go from zero to massively overstocked, prices were "about to fall off a cliff." Well, with purchase orders having fallen off a cliff, and with containership rates crashing at the fastest pace on record as demand for Chinese imports has evaporated in the U.S.This is precisely what we are no…
·Washington, United States
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Total News Sources1
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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