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Ryan Bridge: Things are about to get a whole lot more expensive · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: I have good news and bad news for you this morning.
• 0:02
  Speaker 1: The good news I was out shopping on the weekend,
• 0:05
  Speaker 1: which means I didn't actually buy anything, but drove halfway
• 0:07
  Speaker 1: across town looking for a BedHead, couldn't find it, and
• 0:10
  Speaker 1: then went home empty handed. But the good news is
• 0:12
  Speaker 1: the shops that I visited were full of people spending money.
• 0:15
  Speaker 1: Hardware store full, furniture store less full, but still busy.
• 0:20
  Speaker 1: The devil wears Prata on Saturday night, I can tell you.
• 0:22
  Speaker 1: I can report was one hundred percent booked out for
• 0:25
  Speaker 1: all of the sessions, and they were running almost on
• 0:27
  Speaker 1: the hour, So that is a good thing. I've never
• 0:29
  Speaker 1: really rated Anne Hathaway's acting chops, but literally thousands of
• 0:33
  Speaker 1: middle aged women glass of savvy b in hand clearly did.
• 0:37
  Speaker 1: A survey aut today says retailers are worried about the
• 0:39
  Speaker 1: fuel shock, but I didn't see much reason to be
• 0:41
  Speaker 1: freaking out over the weekend. Now the bad news, All
• 0:44
  Speaker 1: the stuff we buy in this country comes by sea.
• 0:47
  Speaker 1: All the trinkets, all the furniture, the non perishables come
• 0:50
  Speaker 1: over the ocean. Because we're an island, more than eighty
• 0:53
  Speaker 1: percent of our trade is done on a ship. By
• 0:55
  Speaker 1: value and weight. Half of that trade imports and exports
• 1:00
  Speaker 1: almost half done by the shipping giant MERSK And a
• 1:04
  Speaker 1: little reported note to customers. Friday, MRSK is slapping an
• 1:07
  Speaker 1: almost thirty percent fuel surcharge onto inland transport. The fuel
• 1:13
  Speaker 1: bill for imports is increasing twenty seven percent, the Aussies
• 1:18
  Speaker 1: is going up eighteen percent. This cost gets added to
• 1:21
  Speaker 1: all the stuff that we buy, so anything in country
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  Speaker 1: right now will be cheaper than anything that is about
• 1:27
  Speaker 1: to be sent here. They started this new charge rate
• 1:30
  Speaker 1: on Friday, which does make my weekend in busy shops
• 1:33
  Speaker 1: and a gaye time at the pictures on Saturday night.
• 1:35
  Speaker 1: Fell somewhat like to use another movie analogy, a dinner
• 1:39
  Speaker 1: party aboard the Titanic as it listed into the Atlantic Ocean.
• 1:44
  Speaker 1: For more from Early Edition with Ryan Bridge, listen live
• 1:47
  Speaker 1: to News Talk Set B from five am weekdays, or
• 1:50
  Speaker 1: follow the podcast on iHeartRadio