this post was submitted on 22 Apr 2026
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Economics
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Black swan implies it wasn't predictable, and that it's an unprecedented change. A 4 year high from an entirely predictable action isn't a Black swan event. All we're seeing is the entirely predictable stress of a dumb ass closing a major shipping channel. It's serious, but not as bad as the covid supply chain mess.
Get back to me when we have a 50 year high due to a sudden weather event or revolution.