🇿🇦🚢 Just in time to go through South Africa's ports that the ANC government has run into a nightmarish state of chaos and disfunction.
🔸The container backlog at our 3 major ports stood at 100 000 at the beginning of December.
🔸The congestion crisis at South Africa’s state-run ports has resulted in cargo ships having to wait 215+ hours at Port Nqura and 32 hours to enter Port Elizabeth port. Meanwhile, the wait to enter the Durban port stood at 227+ hours at the end of Nov.
🔸According to the state-owned enterprise in charge of South Africa's ports, Transnet, this severe shipping backlog will only be cleared by February or March 2024.
🔸The situation has become so dire that the CEO of Transnet described it as "Rome is burning"
🔸“The average South African [doesn't] realise what a complete and utter catastrophe Transnet is. It is way worse than Eskom (state-run power monopoly)"
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.