The Economic Shock of the Suez Blockage

The Suez Canal blockage in twenty twenty-one cost the global economy nearly ten billion dollars

daily. One ship. Six days. Complete chaos. Here is what

your economics textbook won't tell you. When that ship got stuck, it exposed our

fragile supply chain. Twelve percent of trade, frozen. Factories ran out

of parts. Coffee prices spiked. Even toilet paper supplies were affected by this.

This is a negative externality. One private company's accident became a problem for the

whole world. The opportunity cost was staggering. Ships rerouted around Africa,

adding two weeks and massive fuel costs. In our interconnected economy,