Showing posts with label supply chain disruptions. Show all posts
Showing posts with label supply chain disruptions. Show all posts

Monday, October 18, 2021

"Is The Global Financial System About To Melt Down?"

"If the tragic day ever comes when America's global leadership is but a distant memory it will not be because of a nuclear strike, a searing pandemic, or even a crippling cyberattack," predicts Lawrence Kadish, of Gladstone Institute.

No siree, ladies and gentlemen. "It will be from a self-inflicted mortal wound called 'the deficit'."

The deficit, according to Kadish, is:

"Far more destructive than most Americans could ever imagine. The nation's multi-trillion dollar deficit now being advocated by progressive socialists in Congress--would place our future on a collision course with catastrophic bankruptcy

"Such an event would destroy the very foundation of our financial system, the savings of every hard-working middle class family and our country's very ability to defend democracy."

And that ain't all folks. Kadish goes on to suggest that some in Congress are seeking to achieve that very thing!

Financial writer, Bill Holter agrees. 

"You have a broke U.S. Treasury talking about spending another $5 trillion. Really? Where is the $5 trillion going to come from? Oh, we'll just print it.

"There is inflation everywhere throughout the entire world," says Holter. "In fact, 35% of all dollars outstanding today have been created in the last 12 months."

Inflation has been set on fire, exacerbated by a collapsing supply chain, labor shortages, and ridiculous mandates (designed?) to make matters worse.

Holter believes the global financial system is in the process of imploding right now. "Compared to two years ago, this is night and day. We are on the doorstep of total tyranny," and he expects anarchy to follow.

Holter paints a rather grim picture, but then, so does the Bible. Scripture warns that in the end times a new financial system will arise out of the ashes of the old one.

Could this be the beginning of the end for the old system?

A wise man once said: "It's imploding now. When will it fully go down? It could be a few days, a few weeks or maybe a few months, but the system is coming down now." -- Bill Holter

"It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name" (REVELATION 13:16-17)

👉👉👉"HOW TO GO TO HEAVEN!" ☝

News:

  • CNBC: "Inflation is going to get out of control," says former Obama adviser; inflation now at 30 year high
  • Yahoo!Finance: Vaccine mandates are  the new market wild card; requirement disproportionately impacts workers of color.
  • CBS: Truck driver shortage adding to supply chain dilemma as businesses raise prices and consumers pay more and wait longer; meanwhile, Dartmouth College Prof warns U.S. is already in recession

 
 

 

 

 

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Monday, October 4, 2021

"Supply Chain Collapse?"

Global supply chains are beginning to break down and may actually collapse as soon as this Christmas.

On Wednesday, in an open letter to heads of state attending the United Nations General Assembly, the International Chamber of Shipping (ICS) and other transport groups sounded an alarming warning:

The entire global transport system is on the verge of collapse.

That's right, people--container ship crews, truck drivers and airline workers have endured quarantines, travel restrictions, and complex COVID-19 requirements that have kept them jumping through hoops since the beginning of the pandemic.

But now the situation has reached critical mass and may be at the breaking point.

"Global supply chains are beginning to buckle as two years worth of strain on transport workers take their toll," the groups wrote.

The letter, signed by the International Air Transport Association (IATA), the International Road Transport Union (IRU), the International Transport Workers Federation (ITF), as well as the Shippers (ICS), represent 65 million transport workers globally.

"All transport sectors are also seeing a shortage of workers, and expect more to leave as a result of the poor treatment millions have faced during the pandemic, putting the supply chain under greater threat." 

So what does that mean for us? Nothing good. Should the supply chain actually collapse, economists fear it could trigger a global economic crisis as well. At the very least, it means higher prices and shortages of food, fuel, medicine, consumer goods (and anything else you can think of) just in time for Christmas.

Our advice? Buy what you need now, and hope it doesn't happen later.

A wise man once said: "With all that's going on these days, it's easy to get distracted. But as the world grows ever darker, it's more important than ever to keep our focus on spreading the Gospel." --Amir Tsarfati, founder of Behold Israel

"Jesus said, 'I am the resurrection and the life. Those who believe in Me, even though they die like everyone else, will live again. They are given eternal life for believing in Me, and will never perish.'" (JOHN 11: 25-26)

👉👉👉"HOW TO GO TO HEAVEN!" ☝

News:

  • CBS Los Angeles: Backlog of Cargo Ships At Port of L.A. Reaches Boiling Point; 500,000 containers sit offshore
  • Fox News Channel: Costco chartering its own container ships amid global supply chain issues
  • The Guardian: 'A Perfect Storm': Supply chain crisis could blow world economy off course


 

Monday, September 13, 2021

"Should 'Prepping' Go Mainstream?"

'Prepping', once the purview of doomsday cults, has gone mainstream ever since the Corona virus reared it's ugly head. ( Funny how acres of empty store shelves where toilet paper once lived leaves a lasting impression).


"When some people think of prepping, it conjures images of strange people wearing tinfoil hats huddled in a shelter while they wait for the mothership to return," says the PreppingToSurvive.com website.  

So what's the real nature of preppers?

According to David Z. Morris of CNNMoney, "Many preppers are average consumers reacting to concrete worries, and their way of thinking is spreading, fueling an emerging lifestyle trend."

"More and more Americans are spending money to get ready for an uncertain future," Morris said.

Today's prepper, far from being a wild-eyed fanatic, sees prepping as an insurance plan. According to PreppingToSurvive they:

  • buy extra food when it's on sale
  • store extra water
  • buy supplies in bulk and store some of it
  • grow their own garden
  • keep extra cash on hand
  • get out of debt
  • payoff their mortgage, if possible
  • learn emergency first aid
  • get to know their neighbors
  • get to know their Bibles
  • pray
In other words, today's prepper is: 
"A prudent person (who) foresees the danger ahead and takes precautions" (PROVERBS 23:3 and 27:12. It's there twice to make sure we get it!).

It doesn't have to be the end of the world. We are only one super-sized disaster away from the end of our world. (think supply chain disruptions, wildfires,  earthquakes, a job loss, an illness or even a return to panic TP hoarding). Let's not be part of the crowd waiting around for somebody else to come to our rescue.

A prudent person takes precautions.

To see why you should prepare, click here

A wise women  once said: 
"Private opinion creates public opinion. Public opinion overflows eventually into national behavior and national behavior, as things are arranged at present, can make or mar the world. That is why private opinion, and private behavior, and private conversation are so terrifyingly important." -- Jan Struther, author

👉👉"HOW TO GO TO HEAVEN!"👈☝

News:
  • The Hill: North Korea test-fires new long-range cruise missiles over the weekend; cause for 'serious concern' warns U.N.
  • FNC: Booster shots unnecessary says FDA; two senior officials step down over disagreement with White House
  • ZeroHedge: The Market is worrying about potential October crash; resurgent COVID, supply chain cited