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The Shortages Are Global, And We Are Being Warned That They Will Intensify
Economic Collapse Blog ^ | 8/25/21 | Michael Snyder

Posted on 08/30/2021 6:37:06 PM PDT by Roman_War_Criminal

The global economy was supposed to be getting back to “normal” by now, but instead more problems are erupting with each passing day. As I write this article, supply chains all over the planet are in a state of chaos. The worldwide computer chip shortage is making things very difficult for thousands upon thousands of manufacturers, the process of moving products across our oceans has become insanely expensive and is often plagued by horrendous delays, and a lack of truck drivers is causing enormous headaches when it comes to transporting goods to retailers and consumers in a timely manner. We have never seen anything like this before, and at this point even CNN is admitting that “the disruption to global supply chains is getting worse”…

The vast network of ports, container vessels and trucking companies that moves goods around the world is badly tangled, and the cost of shipping is skyrocketing. That’s troubling news for retailers and holiday shoppers.

More than 18 months into the pandemic, the disruption to global supply chains is getting worse, spurring shortages of consumer products and making it more expensive for companies to ship goods where they’re needed.

Earlier this year, some of the economic optimists were projecting that we would experience a tremendous “economic boom” during the second half of 2021.

But now we are facing empty shelves, shortages and major headaches in the months ahead.

One shipping executive that was interviewed by CNN says that things won’t get any better until “the first quarter of 2022 at the earliest”…

Shipping companies expect the global crunch to continue. That’s massively increasing the cost of moving cargo and could add to the upward pressure on consumer prices.

“We currently expect the market situation only to ease in the first quarter of 2022 at the earliest,” Hapag-Lloyd chief executive Rolf Habben Jansen said in a recent statement.

Here in the U.S., quite a few experts are now making very bleak predictions about the upcoming holiday season.

But we are definitely not alone. Over in the UK, it is being reported that the “worst supply-chain crisis since the 1970s” could potentially “ruin Christmas”.

One of the big problems that the British are facing is an unprecedented shortage of truck drivers and warehouse workers. Business leaders are begging for more EU workers to be allowed into the country, because they believe that will help to alleviate the crisis.

Empty shelves and shortages are now a daily reality in the UK, and some large fast food chains are now being forced to completely drop certain items from their menus…

Gaps on supermarket shelves have been spotted across the country due to a combination of factors, including lorry driver shortages and Covid.

Supplier issues have also led to shortages at fast food chains like McDonald’s, Nandos and KFC, with some items missing from menus and branches closed.

Greggs is the latest to say that it’s short on food faves and Costa Coffee has reduced its menu due to the supply chain chaos.

Could you imagine going into a McDonald’s and not being able to order a milkshake?

Sadly, that has now become a reality at every single location in the United Kingdom…

McDonald’s says it has pulled milkshakes from the menu in all 1,250 of its British restaurants because of supply problems stemming from a shortage of truck drivers.

The fast-food chain says it is also experiencing shortages of bottled drinks.

Here in the United States, we are dealing with similar issues.

At this point, it is being reported that finding new truck drivers to hire in this country is “next to impossible”…

Finding truck drivers is “next to impossible,” he said, while freight costs are rising daily. The company’s orders are arriving late and consequently facing delays in being sent to customers. On the outbound side, on-time deliveries are still above 50% but have fallen from the usual rate of more than 90%.

“We all thought it would be over by now. It’s just one thing after another,” he said. “This is going to be the norm for a while.”

For decades, we have been taking our truck drivers for granted. We pay them poorly, we treat them like dirt, and we make them work ridiculously long hours.

But without truck drivers, our country simply cannot function.

These days, most young people don’t want jobs that require a lot of hard, physical work and that don’t pay very well. Instead, they would rather make money producing Tik Tok videos or becoming Instagram influencers.

Traditionally, truck drivers have been strong, physical men with traditional values. Of course our society likes to demonize such individuals these days, but maybe this crisis will get everyone to understand that we actually need them.

Even if we had enough truck drivers, we would still be facing a wide range of shortages because of the global shortage of computer chips…

A global shortage of computer chips is causing major headaches for American manufacturers.

The COVID-19 pandemic has caused the disruption of supply chains and manufacturing the world over. Manufacturers of computer chips in Asia have been especially hard hit. And that means companies that make products that rely on such chips are feeling the pinch.

As I have warned previously, the computer chip shortage is causing massive headaches for thousands of other industries.

We should have never become so dependent on chip production from Asia, and now we are paying a great price.

Yesterday, I discussed the fact that Kamala Harris is warning parents to buy their Christmas presents now because of the severe shortages that are looming on the horizon.

On Fox News, contributor Leo Terrell said that this “sounds like a very dangerous warning sign”…

Fox News contributor Leo Terrell expressed concern on “Fox & Friends” Tuesday that Democrats are aiming to shut down the U.S. economy again after Vice President Kamala Harris advised shoppers to consider buying Christmas presents now due to global supply chain issues.

LEO TERRELL: That scares me because that sounds like shutdown, that sounds like we’re going to expect that the economy is going to basically be locked down again. And that’s frightening. Again, the Democrats have used the pandemic to control Americans. And basically that sounds like a very dangerous warning sign.

Yes, I would definitely categorize her statement as a “warning sign”.

This is not going to be a “normal” holiday season.

And 2022 will definitely not be “normal” either.

We have moved into crazy times, and they are only going to get crazier.

A lot of people didn’t want to listen to warnings from people like me at first, but now seeing empty shelves and shortages is starting to wake some of them up.

Our economic infrastructure is being shaken, and many are starting to realize that the “invincible” U.S. economy is not actually so invincible after all.


TOPICS: Business/Economy; Conspiracy; Food; Society
KEYWORDS: baltic; balticdry; economy; food; foodsupply; oodaloop; prepper; preppers; prepping; shortages; shtf; supplychain; transportation; truck; truckdrivers
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To: punchamullah

Don’t they have an obligation to fill contracts first?
There are noticeable price increases in computer chips, probably 20 - 25%.

Try buying a new car lately?
Same issues.

It was a miracle from God that we got one at the price we willing to pay. Some dealers are going $10k over the sticker price.


21 posted on 08/30/2021 7:26:29 PM PDT by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: Roman_War_Criminal

I can’t get the following:

Lunchables. Not for me, but Hey, the kids love em.

Diet Dr. Pepper.

Chicken. Can’t get any of the bigger packs of cheap frozen chicken pieces.

Turkey. There’s always a few, but lately the freezer at my local stores are empty.

Eggplant. The few I can find look like they’ve been around the world. Grey/brown shriveled calyxes.


22 posted on 08/30/2021 7:30:16 PM PDT by Alas Babylon! ("You, the American people, are my only special interest." --President Donald J. Trump)
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To: Roman_War_Criminal

My rx medication has a nationwide shortage. I’ve been moved to a comparable Med. But still.


23 posted on 08/30/2021 7:34:44 PM PDT by HollyB
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To: Obadiah
I had a buyer come in from a small local smelter, and she said the shop floor should have had 32 men on it, but there were only 12 that showed that day.

Low-end workers have discovered that they are in the driver's seat. Business managers/owners will put up with them coming in whenever they feel like it, as long as they can get a day or two per week out of them. They figure it's better than not having those workers at all.

A few hours later, the maintenance boss for a company that refurbishes engines came in, and told me the same thing happens at his company too.
This is unsustainable.

24 posted on 08/30/2021 7:36:50 PM PDT by thescourged1
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To: Roman_War_Criminal

In that process now. It insane! Dealers have sparse inventory and refuse to negotiate and then they tack on dealer packages that you normally would avoid like the plague, the kind with a 100% dealer profit. Take it or take a hike. Some might call it supply and demand. Others call it slimy profiteering.


25 posted on 08/30/2021 7:38:44 PM PDT by Obadiah (Truth is treason in an Empire of lies.)
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To: conservativeimage

I think you need to talk to somebody. Really.


26 posted on 08/30/2021 7:42:12 PM PDT by hinckley buzzard (resist the narrative.)
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To: Obadiah

I have seen that in several restaurants in the Cleveland area. Where are the workers? Pay is going up and up, but they are not to be found.


27 posted on 08/30/2021 7:43:14 PM PDT by hinckley buzzard (resist the narrative.)
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To: Jhadur

Sorry but freight rail system is doing fine. They are being held back by the lack of workers at the docks and truckers to transfer goods.


28 posted on 08/30/2021 7:45:50 PM PDT by hinckley buzzard (resist the narrative.)
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To: Roman_War_Criminal

Dementia Joe is in charge.

Just don’t wake him up.


29 posted on 08/30/2021 7:47:50 PM PDT by eyedigress (Trump is my President!)
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To: Obadiah

Biden’s up food stamps by 25% and he’s paying people a monthly amount PER CHILD... Why work when you can sit home and have more babies...


30 posted on 08/30/2021 7:52:07 PM PDT by GOPJ
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To: Roman_War_Criminal

“Could you imagine going into a McDonald’s and not being able to order a milkshake?”

More shocking when you can. lol Some guy even did research on YT about the milkshake machine problem at McD’s.

https://www.youtube.com/watch?v=SrDEtSlqJC4


31 posted on 08/30/2021 7:53:03 PM PDT by LeoTDB69
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To: cgbg
Truck companies need to sign a pledge for all new employees that will never require a vaccine of any kind—and watch the applications pour in....

Wouldn't make any difference. The truck driver shortage was with us long before Covid and was getting worse and worse long before Covid. Nobody wants to be away from home for weeks at a time for crappy pay.

32 posted on 08/30/2021 7:54:31 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: Obadiah

Where I live Taco Bell is the only place with dine-in service. Every other fast food place has closed its lobby due to lack of workers.


33 posted on 08/30/2021 7:57:20 PM PDT by AlaskaErik (In time of peace, prepare for war.)
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To: Roman_War_Criminal

Imagine if the governments around the world stopped paying people to stay home. People would actually have to work and support themselves. This crap would be turned around within a month if that happened. But leftists are either just clueless morons or the planners of this are evil and it’s all going according to their plans.


34 posted on 08/30/2021 8:06:39 PM PDT by vpintheak (Live free, or die!)
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To: AlaskaErik

Is there a statistic for actual truck miles driven in the US each year?

I ask because truck traffic on the Interstate highways in my region has been going up for many years, by my observation. (RV traffic & big campers, too, but that’s not relevant here.) It dipped in March - June 2020 due to Covid, but seemed back to normal by late summer, and has been very busy in 2021. Maybe that’s regional — it’d be interesting to see national numbers or numbers by state or region.

That said, Covid mandates affecting truck stops have to be particularly damaging. I can easily see such convincing drivers to hang it up.


35 posted on 08/30/2021 8:25:05 PM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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To: Roman_War_Criminal

No way can my family afford a new car, even at pre-Covid prices. But we need something as we had our 2nd car totaled last month by a distracted (or just plain unobservant!) driver who pulled out in front of my wife from a side road onto a 65 mph dual lane hwy. Luckily the safety stuff worked well, and no one was severely injured.

So I’m hunting for something similar, used, and the prices have jumped 40, 50%. We got a decent settlement on the old car (given what we paid for it) but that always comes up short, and, now these increases? Egad!


36 posted on 08/30/2021 8:30:57 PM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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To: punchamullah
The chip manufacturers in Asia are the source of the shortage.

(Not that a whole lot of others are still in production.)

37 posted on 08/30/2021 8:32:56 PM PDT by Paul R. (You know your pullets are dumb if they don't recognize a half Whopper as food!)
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To: Roman_War_Criminal

The power steering on my 4 year old truck with 43000 miles went out recently. I took it in on Monday about noon, figured they would look at on Tuesday, order part over night, fix Wednesday, Thursday at the latest. I didn’t get the truck back until Friday...the following week. Due to manpower shortages, they didn’t even look at it until Thursday, ordered the part (with a three day delivery) on Friday. The service adviser told me I was lucky to get the part. He said they had vehicles needing parts that had been back ordered for weeks. Weird stuff going on these days.


38 posted on 08/30/2021 8:35:34 PM PDT by suthener ( )
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To: AlaskaErik

“The truck driver shortage was with us long before Covid and was getting worse and worse long before Covid. Nobody wants to be away from home for weeks at a time for crappy pay.”

Change in the rules is what started the decline in capacity. Covid just made it worse with the increased demand.


39 posted on 08/30/2021 8:40:25 PM PDT by dgbrown
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To: Roman_War_Criminal

40 posted on 08/30/2021 8:42:25 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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