(By Dr. Mathew Maavak | Activist Post) – A global supply chain crisis is brewing, leading to a full-spectrum shortage of essential items. This is the result of mass centralization, where policies are dictated and synchronized by the aristocrats of the New Normal. The coming years will be marked by extreme socioeconomic turbulence.
The world is reportedly facing an “everything shortage” where essential goods are getting harder, farther, and more time-consuming to find. These shortages affect the entire gamut of the social pyramid structure. The typical production to delivery cycle is repeatedly hammered by a macabre musical chair of woes in tune with Murphy’s Law: “Anything that can go wrong will go wrong.”
If the problem is not a lockdown, then it is a dearth of raw materials. If ports are ready to unload raw materials and finished products, then truckers are unavailable to pick them up. If truckers are available, ports are unable to process freights. Alternately, the problem could be an acute power or fuel shortage. Coronavirus restrictions worldwide have also led to a shortage of essential labour, ranging from garbage collectors to pilots. Under the pyramidical hierarchy of the New Normal, only the capstone representing the Top 0.1% is truly detached and thriving.
The long-festering supply-demand disequilibrium entered a point of no return when the coronavirus pandemic was declared in March 2020. A mass of freight ships bobbing aimlessly off the coast of China is now joined by a similar armada along US coasts. A container that cost $2,500 before the pandemic now commands a hefty $25,000 for the same load. Imagine the snowballing costs to the consumer?
Everything is now conveniently blamed on Covid, with causations and fearmongering reaching epically absurd proportions. Australia locked down the entire city of Perth (population 2 million plus) after discovering a single new coronavirus case in late January. Nearly eight months later, another single case resulted in the lockdown of the capital city of Canberra (population 400,000 plus). This insanity is just the tip of the Covid iceberg.
Australia is arguably the most locked-downed nation on earth. More ominously, it is also one of the world’s primary food baskets. After 18 months of socioeconomic disruptions, its agricultural exports are headed for a slump. The situation is worse elsewhere. Food inflation is already at a 10-year high in the United States, with prices in September notching a 32.8% increase on a year-on-year basis.
Scarcities and inflation herald a variety of social woes. An epidemic of organized shoplifting, for instance, has emerged as a $45 billion industry in the United States. This poses an additional whammy to the US retail sector, which is still reeling from the George Floyd riots and coronavirus restrictions. Amazon, au contraire, is doing nicely for itself. This is where goods stolen by day are e-tailed by night. Lunatic Woke policies in the US also ensure that serial shoplifters are routinely released – often on the same day – to presumably expedite the bankruptcy of established retail outlets, particularly the small- and medium-sized ones.
All the Black Swans, bred specifically for the Great Reset, are coming home to roost. Ripple effects from China’s Evergrande real estate debacle, involving debts of $305 billion no less, have impacted Sweden’s electric vehicle sector. Our global dominoes are set to cascade.
A collapse of Evergrande’s magnitude requires a well-executed whole-of-systems response. However, China is facing highly disruptive power outages due to poor foresight and a global coal crunch. Recent floods in the coal-rich Shangxi province will likely aggravate matters further. A global energy crisis is already spreading from Brazil to India. As Germany may soon learn at great costs to its industries and society, going green without retaining a robust fossil fuel infrastructure is simply myopic. With winter approaching, the need to operationalize Nord Stream 2 becomes more urgent than ever. Behind the scenes, however, bureaucrats in Brussels remain clueless.
There are some energy-related details to ponder in this context. Will EU authorities prioritize winter electric heating over electric cars that are supposedly green and climate-friendly? Smart meters within smart grids are supposed to resolve these cascading binary choices but not so in a world “designed by clowns” and “supervised by monkeys” – to paraphrase a Boeing engineer’s depiction of the recent 737 Max fiasco. That scathing pronouncement seems lost on the aviation sector as vaccination mandates are forcing out a good number of skilled personnel, including pilots. White House Press Secretary Jen Psaki deemed these mandates “good for the economy“. Read Full Article >