Port Congestion Could Be Worse Than "Leman Crash", Flexport CEO Warns
Oct 24th 2021 2:00pm EDT
Port Congestion Could Be Worse Than “Leman Crash”, Flexport CEO Warns “The ports shutting down is worse than Lehman Brothers failing. Both can lead to catastrophic failures of all counterparties depending on them. But with Lehman, the government could just print tons of money to flood the banks with liquidity,” Ryan Petersen, chief executive officer of logistics […]
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