Shipping containers sit at the Yangshan Deepwater Port in Shanghai on January 11. These building blocks of global trade are in increasingly short supply, posing potential bottlenecks that could disrupt supply chains at a time when economic recovery is sorely needed. Photo: Bloomberg Shipping containers sit at the Yangshan Deepwater Port in Shanghai on January 11. These building blocks of global trade are in increasingly short supply, posing potential bottlenecks that could disrupt supply chains at a time when economic recovery is sorely needed. Photo: Bloomberg
Shipping containers sit at the Yangshan Deepwater Port in Shanghai on January 11. These building blocks of global trade are in increasingly short supply, posing potential bottlenecks that could disrupt supply chains at a time when economic recovery is sorely needed. Photo: Bloomberg
David Brown
Opinion

Opinion

Macroscope by David Brown

Why waning business confidence raises red flags over global economic recovery

  • Supply lines have been badly interrupted and the world is running short of key goods and materials, leaving the global economy with much catching up to do
  • Shipping containers are in short supply, with demand and prices surging worldwide, and shipping bottlenecks could easily disrupt global supply chains

Shipping containers sit at the Yangshan Deepwater Port in Shanghai on January 11. These building blocks of global trade are in increasingly short supply, posing potential bottlenecks that could disrupt supply chains at a time when economic recovery is sorely needed. Photo: Bloomberg Shipping containers sit at the Yangshan Deepwater Port in Shanghai on January 11. These building blocks of global trade are in increasingly short supply, posing potential bottlenecks that could disrupt supply chains at a time when economic recovery is sorely needed. Photo: Bloomberg
Shipping containers sit at the Yangshan Deepwater Port in Shanghai on January 11. These building blocks of global trade are in increasingly short supply, posing potential bottlenecks that could disrupt supply chains at a time when economic recovery is sorely needed. Photo: Bloomberg
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.