Posted on 01/04/2022 1:47:34 PM PST by Eleutheria5
The global supply chain crisis that led to historic levels of inflation unseen in decades may have reached a tipping point and may soon be over, according to a new barometer used by the US Federal Reserve to monitor supply chain pressures.
The Fed tool demonstrated that while supply chain pressures are still at dangerous level, the gridlock may have peaked, CNBC reported.
The new barometer, called the Global Supply Chain Pressure Index (GSCPI), analyzes supply chain disruptions beginning with 1997.
The current pandemic supply chain crisis is far more severe than other increases in the metric, even spikes seen in 2011 in the aftermath of the tsunami in Japan that severely curtailed production and a flood in Thailand that hampered worldwide production of cars and electronics.
“The spikes in the GSCPI associated with the aforementioned events pale in comparison to what has been observed since the COVID-19 pandemic began,” said analysts with the New York Fed in a statement.
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(Excerpt) Read more at israelnationalnews.com ...
Here, take this blue pill.
All together now..
“Happy Days are Here Again..”.
I love the way the beloved “media” would rather report PREDICTIONS rather than report the NEWS.
Based on what? China holds all the cards so far.
Sheeeshe-Boy-O-Boy!
We’re in trouble NOW!
Anyone want to make a bet on this?? In the USA over 4 million QUIT thier jobs in October, November also saw 4.3 Million QUIT another 2 million were fired for not getting the JAB, I bet December has the same if not higher amount of people Quitting thier jobs,
ALL of it was because of the Fauci Flu and the vaccine mandates, especially since you can now sit home and sip your 40 ounce while hitting the pipe and watching Oprah all day, and still GET PAID by Uncle Sugar!!
It’s transitory in nature./s
Yep, Covid will end, employment will rise, wages will go up, supply chain will be solved, world peace, and who knows, maybe even hear that the border is under control ALL in time for the midterm elections.
I’m trying to remember the words, but they keep coming out
Crappy days are here to stay
And Jen Psaki’d make a lousy lay
One night with her and she’d turn you gay
And crappy days are here to stay
Foe Jiden is a Chinese tool
Who’d take Quisling and Arnold back to school
When he says ‘c’mon, man’ it’s way uncool
‘cause crappy days are here to staaaaay
Don’t much trust someone called the “US Federal Reserve”. Is there such group?
Monkey Were showed the backup at California for months. He moved out to China and showed maybe 1000 ships around china and Japan. I don’t see any break soon.
We should celebrate that this is transitory too?
Surely you’re joking about the federal reserve.
All orders cancelled? We’ll make do with what we got?
Who are these folks trying to kid?
The FED has failed every mandate printed. They deserve
THE BOOT!
The supply chain crunch has served its purpose too well and is now getting the serfs angry at the puppet masters. Must be time to ramp it back down.
GOYA CEO advises supply chain movement is not going to improve
https://video.foxnews.com/v/video-embed.html?video_id=6288861450001&ref=nitter.domain.glass
Surely you’re joking about the federal reserve.
It is the FED, “The Federal Reserve Bank” isn’t it and not US Federal Reserve. It is a private bank not US government.
One does not know this for certain, however one would not be surprised.
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