Sunday, October 3, 2021

Shortages, Inflation, And Supply Chain Breakdowns Are Blowing The World's Economy Off Course

The Guardian: ‘A perfect storm’: supply chain crisis could blow world economy off course 

From Liverpool to LA, shortages of energy, labour and transport are threatening recovery from Covid t was all going so well.

Successful vaccination programmes were driving the post-pandemic recovery of the global economy, stock markets were back at record highs, and prices were rising just enough to make deflation fears a thing of the past. 

But a supply crunch that initially put a question mark over the availability of luxury cars or whether there would be enough PlayStations under our Christmas trees is instead morphing into a full-blown crisis featuring a shortage of energy, labour and transport from Liverpool to Los Angeles, and from Qingdao to Queensland.  

Read more ....  

Update:  Shortages and Inflation Are Ripping the World’s Face Off (The Great Recession Blog)  

WNU Editor: Here is an easy prediction. I see this "perfect storm" of global economic bad news continuing for the foreseeable future. 

And while I am concerned on what will happen next, my biggest worry is on what is happening in China right now. 

Talked earlier today to a good friend who lives there. He just turned 40, and he has lived his entire adult life in an economy that was always booming. 

No more now. 

He sees everything is slowing down, and he tells me that among his family, friends, and business contacts there is a fear in China that hard times are coming. 

He also tells me that the Chinese government is now cracking down hard on everyone. His gut tells him that Beijing has accepted the very real possibility of unrest this winter, and they are getting ready for it..

5 comments:

  1. So many people by now know that this is a planned demolition of our societies and economies by the globalists..

    They want to erode trust in government and our institutions to then replace our existing culture and civilisation and existing infrastructure with theirs.. they want to rebuild everything (and make trillions of it)

    And they are at it every day for years already, it's just that their latest stunt is waking up too many people.

    I'm in England and spoken to some random people last week, about 10. Half of them know what's going on, and get this: even under 25year old now know what's happening. And that spells trouble for globalists because their key indoctrination targets, among females and races, are the young. It's looking worse and worse for them every week.

    If we are lucky, enough people will be waking up and we get to see a few bad people hang, and hang high

    Lets hope so

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  2. Chinese will be ok unlike many westerners living cheque to pay cheque.

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  3. Fauci, Resident Bidet and others want their COVID Scare. It is their ticket to population control. So they will keep on fucking up the supply chain.

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  4. Open the gates of hell

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  5. The current situation is by many aspects looking as before World War 2.

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