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Are You Getting Nervous? Supply Chain Is the Next Shoe
COVID was a life-changing event for the world and it has yet to be solved or rectified. Its origin was somewhere in China, maybe Wuhan (we know that is the origin). We’ve been on high alert for so long, and I’m tired of it. The infection curve went up, came down, went up again, and now it’s leveling off. So can we calm down yet? No, because it seems the next crisis is unfolding and this is in our supply chain. Several have posted what they are seeing, shortages, longer wait times, costs going up. I am getting nervous again when I read sentences like this, from an article called “Inside America’s Broken Supply Chain”:
This month, the median cost of shipping a standard rectangular metal container from China to the West Coast of the United States hit a record $20,586, almost twice what it cost in July, which was twice what it cost in January, according to the Freightos index. Essential freight-handling equipment too often is not where it’s needed, and when it is, there aren’t enough truckers or warehouse workers to operate it.
“It’s going to get worse again before it gets better,” said Brian Bourke, chief growth officer at SEKO Logistics. “Global supply chains are not built for this. Everything is breaking down.” (bold and underline is my addition)
Ports in California are clogged. New Jersey and New York, as well as in Texas and Georgia, are also seeing record pileups.
I am nervous because we have a president who assures us in a speech yesterday that the economy and jobs are growing and on track. What universe is he operating from? We have a vice president who is visiting a children’s school and skips a major border meeting with Mexico. So we have multiple, major crises and those in charge who could be working on these problems, aren’t.
I’m nervous because our current president stands before a fake White House room setting with the slogan Build Back Better on a board in the background (virtue-signaling to Klaus that America is on track). Several world leaders are using this same slogan including Trudeau, Boris Johnson, even Prince Charles, etc.).
Isn’t that a coincidence? Everything that we once counted on, like supply chains are screeching to a halt. Hmmm … interesting. Perfect timing to usher in the ‘Build Back Better,’ a.k.a., Green New Deal on steroids, and goodbye free-market capitalism. Kick the oil and gas industry in the rear just when we need transportation and fuel costs down. Also, the cargo return costs are being greatly jacked up in (guess where?) China. We’re sending sometimes empty cargo ships to China, which means we’re not exporting, just importing, and paying their jacked-up freight costs. China is once again at the forefront because we’re too dependent on them for too many things (and they know it).
Remember “you will own nothing and be happy,” Klaus says. You will no longer buy cars, you will rent, you will, you will, you will… Is this another lever being pulled to usher in The Great Reset? It seems we’re not going back to normal after the pandemic. From Klaus’s dream last night: “Just let the systems fail. Then we have to implement X, Y, and Z – this is too easy!” Good thing there are only two shoes that can drop, unless these people have more shocks in store.
Published in General
Ms. Ursula is a mouthpiece for the Build Back Better Great Reset. She is all over the WEF site. Also interesting that China supposedly doesn’t have enough energy now (I heard) so they are now at a 4 day work week? Is that because they are trying to be “compliant in cutting greenhouse gases”? Right – so you won’t look at their throwing a lasso around Taiwan…..
https://www.glennbeck.com/radio/electricity-shortages-in-china-mean-coming-empty-shelves-here?utm_source=glenn-dailyPM&utm_medium=email&utm_campaign=GlennDailyPM%202021-10-04&utm_term=ACTIVE%20-%20Glenn%20Beck%20Daily%20PM
Offer the tracer coffee and when she asks what you’re having say “Hemlock. I hear you can get it for me in syringe form. Is that true?”
This is a wild thread.
Hasn’t France been decommissioning their nuclear plants and stopped building more?
I just had a thought. Whenever we’re shopping, she buys some toilet paper. Good idea. A few days ago, when we got home, she held up a sheet of paper and showed that it was translucent, you could read a newspaper headline through it. And I was musing what kind of machinery modifications would be necessary to lay out the thinner, flatter sheets, and to roll it into a thousand sheets per roll (or whatever the label indicated) and perforate the sheets into rectangles 25% longer than square sheets, and so forth; and how they must treat the pulp and modify the slush to make these newer, thinner, flatter sheets.
And then I thought of Venezuela, and the problems they had a few years ago, with supply of resource materials, and how the government took over the factory, displaced the workers, and brought in the army to try to run the plant.
And I thought of our hospitals displacing nurses and threatening to bring in the army to staff the hospitals, and the backlog at west coast ports and the call to bring in the army to unload and move the products.
And I just wonder, is what’s happening today in the US a version of what we saw happening in Venezuela when things started to go bad in their manufacturing industry?
Anyone have any thought? Do the similarities have the same fundamental cause?
I will start with some quick thoughts.
I am not an expert on this, but I am told by smart people that the excessive central bank intervention globally is bad for supply chains. In any case, it’s ridiculous central planning that is lowering the production in the economy. So then the government has to “fix” it. Central planning begets central planning until everything collapses. The 3.5 trillion spending is really just a Trojan horse call full of socialist gimmicks that represents this trend.
The other thing is, the government had a playbook for pandemics and it wasn’t followed at all. You have to central plan a pandemic. We didn’t follow that central plan and we were central planning too much before that. They have completely done all of the unemployment and rent control etc.Every state was supposed to have plenty of PPE and they didn’t. They already knew that lockdowns didn’t work. They literally had a playbook that said all of that.
Now they are being idiots about the fact that the vaccine doesn’t stop transmission. It’s just stupid to force everybody to get the vaccine now that they know that. Just put the screws to people that are likely to clog up the hospital.
This is a wild thread.
Well, I don’t know that they’re doing it intentionally to bring about communism, but more that stupidity leads to communism at least in bulk. Some people may want it intentionally, but most get led there because they’re stupid. And most politicians especially on the left seem to be basically stupid too.
If you are patient, there will be some tremendous deals in February.
Other than that, be thankful we don’t import food. And we don’t import oil, though we do import some gasoline because our refiners are set up to refine a limited range of crude oil types.
If I were investing, I’d be short retailers. Not investment advice.
That’s like, just my opinion, man.
My view is that the Venezuelan manufacturing crisis was brought about by unstable inflated currency that was the result of one form of corruption. This is what looks like may be happening now.
And after a certain point repeated incompetence must be reevaluated to be malice. As it stands now, the vaccine mandate looks not to be incompetence, or overkill, but deliberate manipulation.
To push new technology vaccines out to satisfy fauci’s (and others) nerdy scientific egotism and to enrich the pharmaceutical companies that are accommodating the narcissists. I don’t know which is manipulating which; rather it looks like the vaccines and the vaccine mandate were developed in tandem by both the NIH and the pharmaceutical companies to suit both purposes simultaneously.
Based on what?
We import lots of food, especially fruits and vegetables, from different places at different times of year.
Many packaged foods including canned fruits and vegetables, “fruit cups for children” etc, are imported from China.
Fearless Leader – you aren’t the only one sensing this:
https://www.glennbeck.com/watch-united-states-of-venezuela-how-to-prepare-for-the-economic-collapse
“The other thing is, the government had a playbook for pandemics and it wasn’t followed at all. You have to central plan a pandemic. “
Rufus – you hit the nail on the head. I thought the same thing when I read two things: Agenda 21 and The Rockefeller Report. Not only did they wargame (seems it was all fake because all they did was talk and make it appear that they had this in the bag) no less than a month before the actual pandemic, they “predicted” how governments and societies would react and what they would have to do.
https://www.un.org/esa/dsd/agenda21/
https://www.npr.org/sections/coronavirus-live-updates/2020/04/09/831174885/bill-gates-who-has-warned-about-pandemics-for-years-on-the-response-so-far
https://www.rockefellerfoundation.org/wp-content/uploads/Annual-Report-2010-1.pdf
If you do your homework, you’ll get nervous……………
Photo version, for anyone who wants to email it to (ex-)friends or relatives.
Sorry, got the wrong version at first.
This past week was another tipping point in terms of The Evil Doers announcing upfront what they have planned.
Jen Psaki explained during her presser that “we would love to keep prices low, but with the threat of the crisis, we have to address it,” and Blah Blah Blah.
Sure, she suggests, there is no real need to keep raising the prices of gas any higher, but Biden The Magnificent has the full awareness of the Global Catastrophic Climate Change Crisis thing-y, something Orange Man Bad refused to address. So it is imperative we bravely take a sledge hammer to an already delicate economy nearly teetering into ruin, as far as the middle class, and bang the economy into a full stop, such that inflation, already at 16% for the year in terms of food and fuel prices, can enforce the needed strangle hold on America.
So ships remain in place outside our coast line. Governmental entities along with the Super Conglomerates like WalMart and Amazon, are purchasing entire companies, allowing for even fewer business entities to offer alternatives for consumers.
Plus, if you have to travel anywhere over the next month, I suspect you are going to hear about increasing flight delays due to “the weather”… Apparently far too many word of mouth tales of adverse effects from the poisonous poke are causing air flight-related personnel to balk at getting jabbed.
That is one masterful presentation by Mr Beck. Thanks for the link.
I’m kinda looking forward to seeing how Biden and the rest of them blame Trump and Republicans/conservatives in general for all of this. It could turn out to be pretty entertaining. Will there be any popcorn available?
Trey Gowdy played a clip of supposed transportation secretary Pete Buttigieg last night. He has no idea what he’s doing. Textbook political apparatchik.
I have a frugality question. It looks to me like you can buy a bread maker on Amazon that is totally automatic including mixing / kneading. $100. I figure each loaf of bread is 2/3 cheaper than buying it at the store. You can throw the thing in the dishwasher. Does that sound like a horrible idea?
1. Based on my back of the envelope SWAG about much time it will take goods on a ship outside Long Beach to appear on the shelf of your local retail store.
2. There won’t be a shortage of food to eat. There will certainly be shortages of some types of food. And prices will likely be higher.
These are interesting points that you raise. What caused the demise of Venezuela’s economy and other countries where similar circumstances developed, didn’t have the double whammy of a pandemic, then vaccine mandates lest you lose employment.
If the demand is pent up, there won’t be any bargains for some time, maybe never because of inflation.
Prices are already higher, as I’ve mentioned earlier/elsewhere. Many items at my nearby store have jumped up to 30% or even more, in the last few weeks.
No, it’a a good idea. But…you are either going to eat a lot of bread, or less bread but with a bread maker in the pantry. Breadmaker bread is yummy bread and there are lots of recipes to experiment with. Loaves are small, but that is good since it won’t have preservatives and should be frozen or eaten in under 3 days.
Having a bread-maker requires that you stock flour, eggs, etc. You can end up with bigger supply-chain problems than you have now. Also, eggs and other possible ingredients have to be kept refrigerated. The bread-maker itself requires electricity which could be unpredictable in the future.
I am more on the budget angle in an inflationary situation. There are levels to this.
I did the math and it’s insane how much money you are going to save. I don’t know about the yeast thing, but I have done this with Boston brown bread in a pressure cooker which is way easier and you save a ton of money. Cornbread too.
There’s still price inflation of the supplies you need to make bread, unless you plan to make your own flour, eggs, yeast, electricity…