Latest / Financial Survival Network / Expert Insights into Baltimore Bridge Collapse's Supply Chain Impact: - Jason Nelson #6035

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Expert Insights into Baltimore Bridge Collapse's Supply Chain Impact: - Jason Nelson #6035 · Financial Survival Network

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  The Port of Baltimore oscillates between being a top ten port and a top fifteen
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  port in the United States. It's definitely a top five port on the eastern
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  United States. You saw Pete Boodhage, Judge Secretary of Transportation, go on
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  and talk about how it's not as though this is a long beach harbor or
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  harbor on the West coast to take in forty percent of our trade. Well,
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  it's because it's the trade that comes from Asia. But for to sit
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  here and minimize the impact of what this Baltimore harbor would have on the supply
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  chain is just well, it's it's idiotic because first of all, we're obviously
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  going to see inflationary costs rise. Just over the next thirty days, we're
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  going to have to see trade move up and down the seaboard. You and
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  I both know that the longer that these ships sit out in the ocean,
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  the more the costs are passed on to the consumers, So there will be
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  an immediate inflation from this. You are listening to Carrie Let's's Financial Survival Network,
• 0:52
  where you get valuable information you just can't find anywhere else to thrive in
• 0:57
  today's trying times. You need the Financial Survival Network now more than ever.
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  Go to Financial Survivalnetwork dot com and get your free newsletter and gift. Financial
• 1:08
  Survival Network now more than ever, And welcome you are listening to and watching
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  the Financial Survival Network. I'm your host Kerry Lutz. Well, you've heard
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  about the Francis Scott Key bridge collapsing, A lot of rumors about it a
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  terrorist attack. I mean, Francis Scott Key authored The Star Spangled batter when
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  he was in a British prison ship in the War of eighteen twelve, So
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  was it symbolic? Hot? What do we make of all this? Well,
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  Jason Nelson is with us. Jason, thank you for your service.
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  You were you worked a lot there. You were at Curtis Bay, and
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  you know that geography there as well as just about anybody. What the heck
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  happened here? Yeah, it's beyond the obvious that it's just a horrible tragedy.
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  And I do want to acknowledge that lives were lost in this. Obviously
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  there were a series of cascading errors that impacted what happened. And I don't
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  think we can wave off any conspiracy necessarily, but we can definitely see that
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  there are other reasons why this tragedy would have happened, and we can see
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  the reverbrating impacts that are going to come from that for a long time.
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  Yeah, So what a fact is about what's the impact upon the supply chain?
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  I mean, I think I heard somewhere Baltimore or to Baltimore is the
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  ninth busiest port to the seventeenth busiest. Supposedly three percent of the country's trade
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  goes through there. I mean, how bad is it really? Well,
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  Well, when you think about the fact that most stores operate on about a
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  five percent margin, I think it's not very hard to sit here and say
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  that there could be a much larger impact across the country. But let's get
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  into some details real quick on exactly what goes to Baltimore and why this particular
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  incident is so important. The port of Baltimore oscillates between being a top ten
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  port and a top fifteen port in the United States. It's definitely a top
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  five port on the Eastern United States. You saw Pete Bootage Jeddge, Secretary
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  of Transportation, go on and talk about how it's not as though this is
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  a long beach harbor or harbor on the West coast to take in forty percent
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  of our trade, well, that's because it's the trade that comes from Asia.
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  But for to sit here and minimize the impact of what this Baltimore Harbor
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  would have on the supply chain is just well, it's idiotic because first of
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  all, we're obviously going to see inflationary costs rise. Just over the next
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  thirty days, we're going to have to see trade move up and down the
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  seaboard. You and I both know that the longer that these ships sit out
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  in the ocean, the more the costs are passed on to the consumers.
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  So there will be an immediate inflation from this, but long term we have
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  to take to look at the accident itself to understand what this means. So
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  do you mind if I opine for a moment here on the Bartomine Harbor.
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  Is you're our expert here, that's why we have you on. So you're
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  entitled to a pine. Okay. So I was stationed at Curtis Bay.
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  My primary job in the Army Special Operations was in civil affairs, but my
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  last two years was attached to a boat's unit right at Curtis Bay. In
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  other words, I could throw a tennis ball and hit where the Francis Scott
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  Key Bridge was. What you need to understand about the harbor there is and
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  so let's cut down some of these conspiracy theories. And we can do that
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  just by talking about operations. First of all, the person in charge of
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  the vessel at the time it was inside of the harbor is a harbor pilot.
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  That is a person who has spent years and years and years studying to
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  understand that very nuanced shipping lane. The reason for that is you see that
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  the result because what happens if there's an accident inside of a harbor. It
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  shuts down operations and that's extremely expensive for everyone, not to mention it could
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  result in obviously law of life and other things like that. So the harbor
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  pilot was in charge of this vessel. When you're looking at the Baltimore Harbor,
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  there's a very narrow channel it's about one hundred and twenty feet deep,
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  and that they shift through. It's in the middle of the pylons that you
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  would have seen in that bridge. What happens is is a vessel comes in,
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  unloads its cargo, and loads its cargo. It's peer side for about
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  forty eight hours. In this particular ship's into instance, I can verify reports
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  that there were power outages happening on the vessel during its forty eight hours.
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  Now, there's many numerous it's repeated myself. There are numerous reasons why this
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  could happen, includes electrical systems, engine failures, other such things. But
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  what we do know is that ships are slaved to the dock, which means
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  that most of their electricity, if not all, is coming from the dock
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  itself. So if there's power outages, that's likely an electrical system. Now,
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  this is supposed to be reported, supposed to be reported to the harbor
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  master. The ship's captain is supposed to take note as well as ship's engineer,
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  and they're supposed to address to fix the problem, in other words,
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  to make the vessel sea worthy. A ship came right, correct. So
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  whether or not someone reported this is going to be something that the NTSB finds
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  out over the next couple of years as they does they work their way through
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  this investigation. Nonetheless, this ship did leave the harbor at forty eight hours.
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  Why because they can't stay there, Because if you have to do a
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  major repair in your peer side and you're right there inside of that area.
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  Not only are you laden with your own cargo, which causes you a penalty
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  for your employer, but you're also holding back other ships from moving. There
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  are massive penalties for this, so there's an incentive for someone to lie or
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  OPTU, skate the truth and move a vessel outside and move it from the
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  pier. So there we have an issue. We also know that that,
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  contrary to the graphics being shown right now that it's the ship didn't make what
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  you would call a port turn. It didn't move out and move out of
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  the harbor or into the shipping length. It didn't move directly into that.
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  Instead, it swung wide, as a matter of fact, in a very
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  dangerous way. When you look at the water and the shoals there and you
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  can see that it gets slowest thirty one feet in some of those areas.
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  How do I know this correct? How do I know this happened? Well,
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  not only do I have someone that verified that the data showed this.
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  However, you could see in the long form videos that the vessel itself is
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  moving parallel to the Francis Scott Key Bridge for a prior to making its turn
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  its hard starboard turn and then before it hit the pilon. So there we
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  have another issue. What was the harbor pilot doing. Was he testing the
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  system? Was there a failure in a system we know they called the may
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  day? We know the power went out, So we get into another conspiracy
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  theory here the ship made an abrupt movement into the pilon. Well I could
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  answer that one, and that the power went out twice on the vessel,
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  and then there are redundant systems put in place. But essentially, if someone
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  had made a move and the STI ships aren't steered by their rudder, this
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  isn't the eighteen orties right. They're adjusted, especially at slow speeds, by
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  thrusters on the bow and the stern. So with this vessel, what it
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  would have done if you could see prior to the second time the power went
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  out and where it was headed, I can see the maneuvers the captain would
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  have made, or that at least who was captain in the vessel would have
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  made to avoid hitting the pylon and to enter the center of the channel with
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  the power out. As it drifted, you could see when the power comes
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  on the second time that it makes a sudden lurch. There's only two possibilities
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  for that. The anchor that they had dropped, and they would have dropped
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  an emergency anchor would have caught purchase, which wouldn't make sense in a declining
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  v that would be the channel, or that the last commands that they entered
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  in were what hit and it made the shift the ship adjusted and suddenly slammed
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  into the pilot. Which is a whole separate issue in that the Baltimore,
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  the Francis Scott key Bridge did not have protections in place, and then five
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  years ago had a budget to do so but didn't enact it. There's lots
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  of correct politicians doing what they do best, which is nothing correct. So
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  I look at this as that I'm not eliminating all conspiracy theories, because you
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  won't know until you get all of the results of the NTSB investigation. But
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  what I can say is, I'm seeing a lot of c ya right now.
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  I'm seeing a lot of people pulling back information and they're doing so because
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  right now someone's going to be held financially liable for what happened here, and
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  there's going to be a lot of careers that are ended over this, and
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  in the end, you're going to see that it was a cascading level of
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  failures. It was it can be cylinder right, correct. Now, why
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  does our supply chain affected and impacted so much by this? Because the Francis
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  Scott Key Bridge allows flammable materials to move over the bridge. That means that
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  when you talk about all of the vehicles coming in, when you talk about
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  fertilizer, when you talk about helium, anything that can't go through the two
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  tunnels, has to go over the bridge. And you can't just make a
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  land route for the next and just send people over through a neighborhood to take
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  these They said it's going to take two years just to create an alternate route
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  in order to move this traffic. So that's two years. For two years,
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  harbor's around the East Coast are going to have to take in that cargo
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  that was intended for that and that includes specialized loading and unloading facilities, and
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  all of that creates inflation that is going to be passed on to the consumer.
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  It's going to create artificial shortages. Baltimore is not the sexiest harbor.
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  It doesn't bring in all of your finished goods. It brings in the things
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  that make your finished goods that make your factories work. This is going to
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  have a long term, huge impact on our supply chain. And you know,
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  it just puts us one step closer because as we see between this Texas
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  prairie fires, the food facilities that go up in flames, the railroads that
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  are having crashes, you know, there's only so many accidents that we can
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  have in our supply chain before our supply chain becomes overwhelmed and collapses. And
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  this one here is a huge piece of It's just it's another big foundational stone
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  that's been removed from the building that is our supply chain. And eventually it's
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  just going to take one more, just one more. That's how much closer
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  we are. And for them to treat it so lightly, Boodoo judge,
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  to treat it so lightly and to say that, oh, you know,
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  other people are going to absorb this, that's not sarious. He's not serious,
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  the serious government official. He's a joke. He's a joke. And
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  it's treated get lis. Oh, hey we had an earthquake here at South
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  Bend, and oh the other grocery shore is going to have your groceries for
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  you. This is ridiculous to imply that it's about three percent of the nation's
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  traffic and cargo is somehow going to miraculously be pushed around to other ports and
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  have it not impact at least the consumer level when we're talking about prices.
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  This is going to raise prices across the board. This is going to have
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  a massive impact. And then beyond that again where it puts our supply chain.
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  Right now, that's why we created our company. It was because understanding
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  that being able to turn around and vertically integrate and make a domestically dependent supply
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  chain is so important. Right now, we are so focused on this international
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  trade and the cheap products we get from that that we've forgotten that our way
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  of life is at risk quite literally. Yeah yeah, Well, the supply
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  chain is resilient, but it's also delicate, right Well, that that is
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  the point. Right So, look, they just called how many chickens down
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  here in Texas and millions because of bird flu avian flu? Correct? So
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  you know we see this EBB and flow right now, you know. So
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  obviously I pay attention to beef, right so prepperbeef dot Com we listed here.
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  We focus on shell stable beef and not just beef, but you know,
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  actual beef people want to eat. So I have to sit here and
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  watch the cattle here in Central Texas because I about importing cattle. I'm not
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  bringing cattle in from Argentina or Venezuela, or Canada or Australia. We're sitting
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  here, We're doing TeX's cattle, which means that we're impacted very much so
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  by the fires that just happened here in Central Texas, although are both North
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  Central Texas, but in the Panhandle, they're going to need so much feed
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  to be able to stay in the livestock they were able to save, which
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  raises the prices here locally in those local impacts. Of course, because Texas
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  provides so much cattle for the rest of the United States, impacts the supply
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  chain there again. Couple that with the excess costs you've got to see from
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  Baltimore. Couple that with excess costs here get to see from the calling with
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  chicken heerts. It's just it is that precarious and as we sit here in
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  an inflationary nightmare, these are not the signs you want to see. What
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  you want to see is you want to see production running smoothly. You want
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  to see our supply chain running smoothly. You want to see this opposed to
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  infrastructure spending that the Biden regime put in actually have an impact rather than just
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  words and DEI and a bunch of people making TikTok videos about how they're all
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  accepted. Yeah, well, there's a lot more to the supply chain than
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  just TikTok videos. Hey, what are three things the country can do to
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  help strengthen the supply chain right now? Well, the first thing you want
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  to do is pay attention to what you're eating. And that's important. I
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  say that because of what you want to do is support local farmers. You
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  want to support support local ranchers. You want to support companies that support local
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  farmers and local ranchers. So it's time for you to take a deep dive
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  on the brands and what you get your food from. Understand where do they
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  spend your money, your money, because it is your money when you give
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  them money, Where do they take those profits and how do they spend them.
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  Do they spend them to increase your quality of life or did they spend
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  them to decrease your quality of life? So by supporting companies and people who
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  at local ranchers, local farmers. You're not only sending a message to these
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  large corporations, but what you're also doing is to change their ways. But
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  on top of that, what you're also doing is creating a paradigm shift.
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  You're creating a parallel economy in which you can have a direct impact on the
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  policies to impact to you and your families. I would think it's important to
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  maintain as domestic as possible, to vertically at a great our supply chain so
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  that we're dependent on Americans for American products. And I don't say that as
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  a zofoe by say that as a person who understands that there are just certain
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  things you can't farm out, and that is barring. It's something that we
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  are great at. We are the bread basket of the world and we need
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  to continue to embrace that. And the final thing I would say is that
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  we need to say special attention to the bureaucracy in this country and how through
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  the EPA and through other regulatory agency, through BLM, which has been reducing
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  grazing land BLM as in the Bureau of Land Management right well, unfortunately now
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  there to BLM. Neither of them were good. How coincidental, yeah,
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  but the idea yes. So the idea that we need to pay attention to
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  the policies that are being put forth and be active. Be active with your
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  state legislators. Make sure they're not allowing people to put MR and A vaccines
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  inside of your cattle. Make sure they're not able to sit here and make
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  vaccine inducing food. I mean, this is a real thing, and for
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  those to say that aren't possible. By the way, that's how we used
• 16:08
  to give vaccines to Afghan children. We used to put up on wafers and
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  give them to them in their mouths. So yes, you can give people
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  vaccines through food. So we need to pay attention to what's being done.
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  We need to make sure we stop with these breaking meats and these you know,
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  they're making lab grown food beatups from a pasture, not from a petri
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  dish. So you know, these are the things that we could do.
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  I know they don't sound simple, but they are simple, and they all
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  center around one thing, educating yourself and then sharing that education. Couldn't agree
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  with him more. You know, have been having Florida honey for twelve years,
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  best honting around and it also helps with local allergies too. And you
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  know, Florida is I think the fifth largest producer of cattle in the country,
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  but they ship it off to other states to finish it because there's nothing
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  glamorous about Florida cattle. Well, you know, you guys have orges,
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  so I think you have plenty to brag about down there. So we let
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  us have our cattle here in Texas. Come on, that's out there,
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  organic, organically grown, no no antibiotics, no hormones, right and free
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  range right, yes, that's any time. The regenerative farming has been a
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  key to that, and that's why we've partnered with the rancher that is focused
• 17:32
  on that. Because being able to allow your cattle to move about builds,
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  builds, better bodies. It's the type of protein you want to eat.
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  You know, people can have their Kobe beef all they want, you know,
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  I this best cattle come from cattle that are able to free reach,
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  move about and grow as they as God intended. And you know, there's
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  a lot to be said. I understand why factory farming exists, but the
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  invinal thing is is that we've been able to shift away from that. We've
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  been able to create new methodologies, So a factory farming came about so that
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  they could create mass quantities of food. Now we found that we could create
• 18:10
  mass quantities of food without having to do factory farming, and I'm excited about
• 18:12
  being able to show that that paradigm shift is worthwhile so true. I mean
• 18:18
  a few like ten years ago, I noticed that the meat just wasn't tasting
• 18:22
  as good, even in good restaurants. And what my investigations discovered is that
• 18:27
  because they're using the hormone the cow, they can they can butcher it after
• 18:32
  a year instead of two years because it artificially builds up its muscle and fat
• 18:37
  and all that. And since I switched back to the free range stuff,
• 18:42
  I found it it's really as good as it ever was. It's that stuff
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  that the franken food as we call it. You know, I call it
• 18:52
  what passes for food because it looks like food, it tastes like food,
• 18:56
  but it ain't food. Jason, No, it's not food. You know.
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  People ask that because you know, so we started huh Prepper all naturals
• 19:06
  of prepperbeef dot called. The whole reason we did it was obviously supply chain
• 19:10
  issues of other things like that. But as we were building it, and
• 19:12
  you know, I begin to educate myself. I started to see the things
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  that these quote unquote innovations that they're putting out there, and and uh,
• 19:21
  did you see what the Italians are doing with uh They've taken I'm just going
• 19:25
  to tell you so the spare parts of the cow, the part that quite
• 19:30
  literally they turned into cat food. This is their words, not mine.
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  They bunchet all together and they put it into a machine that then makes simulated
• 19:38
  steak and they they show them cutting it. How amazing this is going to
• 19:42
  be. And I'm thinking, uh, this in Italy and this is what's
• 19:47
  coming to the EU. You know what they're doing to the Dutch farmers.
• 19:49
  But they done is it has been very out front and proactive with food quality.
• 19:56
  There's a lot of stuff they won't even import from the United States because
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  it's Franken food. Absolutely, but here they are doing exactly the same thing.
• 20:04
  So you know, it bothers me because we don't have a shortage of
• 20:08
  food. And this is not what's causing a climate disaster. The climate disaster
• 20:12
  is being caused by China. If there is a climate disaster, and you
• 20:15
  know, I quite frankly, don't think there is one. I think what
• 20:18
  we have is we just have a hysteria and we have a cult. But
• 20:22
  we have a changing climate. Yes, but yes, but that's what happens
• 20:26
  at Earth. It's something to blame, you know, well correct now?
• 20:30
  I mean they're no different than ancients shaking their fist at the sky and blaming
• 20:37
  the gods they can't see because their crops were ruined. It just reminded me
• 20:41
  of something when we're not political at all, but just the funniest thing when
• 20:45
  Trump was elected and all of these people were screaming and there's that one woman
• 20:51
  with the wool hat on it just screaming and they're ranting and raving, and
• 20:56
  it's just like but you know, it's that thing they're like cursing the gods.
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  Hey, Jason, question, where do we do? How do we
• 21:03
  connect with you on the web? Well, you could find me obviously our
• 21:07
  companies at prepperbef dot com. We have a blog down there so you can
• 21:10
  easily track what we're doing. But if you want to find me on X
• 21:14
  you could find me at real Jason Nelson. That's at Real Jason Nelson.
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  I am on other platforms but I'm going to be honest to say that I
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  am way too busy with five kids and two companies to be able to spend
• 21:26
  much jah on any other ones. Totally understand. Hey, if you've got
• 21:27
  a question for Jason myself, shoot me an email KL Atcarrie Lutz dot com
• 21:33
  and the link to jason site will be in the show notes this interview on
• 21:37
  Financial Survival Network dot com. Just click it and we'll take you right there.
• 21:42
  We're going to take a close look at it ourselves, and while you're
• 21:45
  there, sign up for your free newsletter. Jason appreciate your stopping by.
• 21:49
  We'll talk to you aga in real sin. Great conversation, Kerry, thank
• 21:52
  you for having me, Thanks for listening to Carrie Letz's Financial Survival Network,
• 21:57
  your solution to today's times. For the latest, go to Financial Survivalnetwork dot
• 22:03
  com. Financial Survival Network now more than ever