$9 billion lost a day due to a stuck ship = stupid economics

“Cargo vessel stuck in Suez Canal drives up shipping losses estimating $9 billion per day” – CBS’ headline reads

Global commodity markets can fail spectacularly.

One little tie up like a stuck boat, and $9 billion is lost a day.

What people don’t realize is that this $9 billion is the same money that poor and rich people worldwide destroy their ecosystems, communities, and themselves for every day in order to survive or get ‘ahead.’

We need a better system that isn’t a system.