Vol. CXXIV, No. 42

Observer
Express

Live Investigation

Global Supply Chain Collapse: 40% of Deep-Sea Freight Idled

Hundreds of container ships sitting idle in the South China Sea

Photo: Satellite imagery reveals the extent of the maritime backlog off the coast of Singapore. (Source: Copernicus Sentinel Data, 2024)

The cascading failure of major port infrastructure has halted nearly half of all international maritime trade, sending spot rates up by 310% in 72 hours.

By Sarah Jenkins, Chief Economic Correspondent
Published: October 24, 2024

Read the Full Report

Analysis & Opinion

All Columns

Interactive Data

Calculate Your Real Inflation Burden

The headline CPI is 4.2%, but individual inflation varies wildly based on your zip code, commute, and diet. Use our audited tool to calculate exactly how much purchasing power you've lost in the last 12 months.

Sample Output

Housing (Rent) +12.4%
Energy (Commute) +8.1%
Groceries +6.2%
Total Personal CPI 9.4%
Powered by Observer Data Desk

Special Investigations

Global Affairs

Portrait of Dr. Aris Thorne

The Observer Interview

"We are building gods, and we have no theology for them."

Dr. Aris Thorne, former Lead AI Safety Researcher at DeepMind, on why he walked away from a $4M salary and why he believes the current regulatory framework is fundamentally flawed.

Read the Q&A

Weekend Features

Data Desk: The Wealth Transfer

View Methodology →

Generational Wealth Distribution (1990 - 2024)

0%
25%
50%
75%
80%
Boomers (Age 35)
15%
Millennials (Age 35)
When Baby Boomers reached a median age of 35, they held nearly 22% of national wealth. Millennials, having reached the same median age, currently hold just under 6%. This structural deficit underpins the collapse in homeownership rates and birth rates.
Observer Audio

The Fault Lines Podcast

This week: Chief Economist Sarah Jenkins explains why the commercial real estate bubble hasn't popped yet, and who is quietly holding the bag.

Listen to Episode 142 45:12

Culture & Critique

ARCHIVE

From the Archive

The Last Time Inflation Peaked at 9%

We look back at our coverage from October 1981. The parallels are striking, but the differences in union power and corporate consolidation suggest the Fed's playbook may no longer work.

Read the 1981 Editorial →

Letters to the Editor

"Your analysis of the EV market completely ignores the environmental devastation of cobalt mining in the DRC. Green energy is just imperialism with a new coat of paint."

— Marcus T., Seattle

"The piece on remote work hitting municipal tax bases is spot on. Our city council is panicking over empty downtown offices, but refusing to rezone for residential."

— Sarah J., Chicago

"I used your inflation calculator. My personal rate is 14%, not the 3.8% the government claims. Thank you for validating what we all feel at the grocery store."

— David W., Atlanta

The Daily Brief

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