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by Morvan 1864 days ago
>the global shipping industry is one of the bigger contributors

Well, what are they shipping? Goods that supply the consumerist chain at every level. We definitely did buy significantly less given that money velocity has plummeted in 2020, and I would argue this was reflected in the global shipping industry slowdown.

>Based on the current costs of other building materials in North America I doubt we've slowed that down either.

Current costs reflect the reopening boom, not last year's slowdown which witnessed a commodity drawdown!