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The Real Reason They’re Freaking Out Over Elon (Ep 1867)

The Dan Bongino Show

00:00

What's Going on in the Economy?

Cargo ship owners are canceling sailings as global trade flips from backlogs to empty containers. Shipping rates have plunged 75% from a year ago, according to the Wall Street Journal. FedEx said it's canceling flights and parking planes because of a sharp drop. Nike said it's sitting on 65% more inventory in North America than a year earlier.

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