Money

Our Economy Is Starting To Break Down On A Very Basic Level

Do you remember how much optimism there was last January?  Many Americans were entirely convinced that really bright days were just around the corner, but instead things have taken a dramatic turn into the dumpster over the last 9 months.  The Afghanistan debacle was the worst foreign policy embarrassment in modern American history, the Biden administration is trying to deal with an unprecedented crisis on our southern border, and the way that our politicians are handling the pandemic is causing extremely deep divisions throughout our society.  In addition, our economy is starting to break down on a very basic level.  On a widespread basis, goods are not getting to the places they need to be when they need to be there, and services are often not available when people need them.  As time has passed, the “malfunctioning” of our economy has spread, and now the coming mandates threaten to make things a whole lot worse.

Just look at the chaos that was caused in Florida on Sunday…

Southwest has canceled 1,018 Sunday flights as of 2 p.m. ET, according to flight tracker FlightAware. That’s 28% of the the airline’s scheduled flights and the highest of any U.S. airline by a wide margin.

American Airlines has canceled 63 flights, or 2% of its operation, while Spirit Airlines canceled 32 flights, or 4% of its flights, according to FlightAware.

Overall, more than 1,800 flights were canceled during the weekend, and Southwest is publicly blaming the problems on “weather challenges”…

“We experienced weather challenges in our Florida airports at the beginning of the weekend, challenges that were compounded by unexpected air traffic control issues in the same region, triggering delays and prompting significant cancellations for us beginning Friday evening,” the spokesperson told FOX Business.

“We’ve continued diligent work throughout the weekend to reset our operation with a focus on getting aircraft and crews repositioned to take care of our customers,” the spokesperson added. “With fewer frequencies between cities in our current schedule, recovering during operational challenges is more difficult and prolonged. We’re working diligently to accommodate our customers as quickly as possible, and we are grateful for their patience.”

Of course that is complete and utter nonsense.

A large number of Southwest pilots in Florida engaged in a “sickout” over the weekend to protest Southwest’s vaccine mandate, and apparently at least some air traffic controllers joined them…

On the record, they’re denying any sort of protest — but there are reports, citing airline sources, that a massive “sickout” went down, and that ripple effects are still being felt.

Regardless of what the truth here is … it’s screwing a lot of people, and causing a lot of problems. And, IF there is merit to the sickout speculation — it could also be a bad sign of what’s to come in other industries that might try to enforce vaccines on employees.

As I write this article, there are rumblings that pilots at American Airlines are organizing similar efforts.

Good for them.

In fact, we need bold people in every industry in America to start doing this sort of thing.

Perhaps if enough people start standing up, those that are trying to impose these mandates will start backing down.

Right now, we are already facing the most epic labor shortage in U.S. history, and economic activity is badly gummed up as a result.  If millions more qualified people are thrown out of work in the months ahead due to these absurd mandates, that is going to cause unprecedented chaos all across America.  A weekend of canceled flights might be bad, but it is nothing compared to the complete and utter nightmare our society will be facing if all of these mandates go through.

Even the military will be deeply affected.  On Sunday, it was being reported that “hundreds of thousands” of our service members have chosen to resist the mandates…

Hundreds of thousands of U.S. service members remain unvaccinated or only partially vaccinated against the coronavirus as the Pentagon’s first compliance deadlines near, with lopsided rates across the individual services and a spike in deaths among military reservists illustrating how political division over the shots has seeped into a nonpartisan force with unambiguous orders.

So what would it do to the state of our military if hundreds of thousands of service members are kicked out in the months ahead?

That is a question that we need to be asking, because it appears that this is actually what is going to happen.

On top of everything else, now we are facing a severe global energy crisis…

Energy is so hard to come by right now that some provinces in China are rationing electricity, Europeans are paying sky-high prices for liquefied natural gas, power plants in India are on the verge of running out of coal, and the average price of a gallon of regular gasoline in the United States stood at $3.25 on Friday — up from $1.72 in April.

Most Americans may not realize it yet, but this is a really big deal.

There are more than 1.3 billion people living in India, and coal is in such short supply there that officials are warning that there could soon be widespread blackouts…

Just like Chinese authorities ordering energy firms to conserve supplies at all costs, numerous power plants across India could be forced to adopt rolling blackouts as coal supplies run low. A minister in Indian capital New Delhi warned Sunday that blackouts could rock the massive city over the next two days. But the nation’s capital city isn’t alone in suffering energy shortages: it joins two Indian states – Tamil Nadu and Odisha – which have issued warnings about the growing possibility of blackouts due to dwindling coal supplies.

Other nations are facing similar issues.  In fact, Lebanon just emerged from a blackout that lasted about 24 hours…

LEBANON has finally got the lights back on some 24 hours after the country was plunged into total darkness by fuel shortages.

The Mediterranean country is battling one of the planet’s worst economic crunches since the 1850s in the wake of last year’s devastating blast that levelled a huge part of the capital Beirut.

If things are this bad already, how crazy will things get in the middle of winter when demand for energy is at the highest?

People need to wake up, because the times that we are moving into are going to be completely different from what we have grown accustomed to.

It isn’t just the U.S. economy that is crumbling.  Literally, the economic infrastructure of the entire globe is falling to pieces, and experts are warning that things will continue to break down in the months ahead.

So many of the things that you have been warned about are starting to transpire right in front of our eyes, and this winter looks like it will be very dark indeed.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

The Mystery Of The Millions Of “Missing Workers”

Something really strange is going on, and none of the “experts” can explain why it is happening.  Right now, there are more jobs available than ever before.  In fact, according to one recent measure there were nearly 11 million job openings in the United States during the month of July.  There are literally “help wanted” signs all over the place, and so if you want a job you can go get a job.  It may not be the job that you want, but the truth is that there are millions upon millions of jobs available.  We are in the midst of the greatest labor shortage in U.S. history, and companies are absolutely desperate to hire people.  Wages are being raised to unprecedented levels, signing bonuses are often being offered, and some companies have completely waived drug testing requirements.  Labor has become one of the hottest commodities in America, and you would think that in such an environment we would see huge numbers of people being hired.

But that isn’t happening.

Instead, the number of Americans that are employed only rose by 194,000 last month…

U.S. job growth fell to the slowest pace of the year in September, a sign the Delta variant and a persistent shortage of workers weighed on the economic recovery.

The economy created 194,000 jobs in September, the smallest gain since December 2020 and down from 366,000 jobs added in August, the Labor Department said Friday.

Needless to say, that is a terrible number.

When it was revealed on CNBC, the talking heads were stunned…

CNBC’s Squawk Box expressed astonishment on Friday with September’s jobs report, which came less than halfway to meeting projections.

The moment began with Steve Liesman, who looked down at the report and said, “194,” reflecting the 194,000 new jobs reported over the last month. “Whoa!” Becky Quick responded.

Before the pandemic, we needed to add between 150,000 and 200,000 new hires each month just to keep up with population growth.

So this is definitely a “treading water” number.

But we shouldn’t be “treading water” when nearly 11 million jobs are open.

At this point, employment in the U.S. is not even close to returning to pre-pandemic levels.  As you can see from the chart below, the total number of Americans that are employed is still about 5 million below the peak that we reached just before the pandemic hit.

If just the people that were employed before the pandemic decided to go back to work, we would have about five million more Americans working.

So what happened to them?

The civilian labor force is also way down from pre-pandemic levels.  In fact, right now it is currently at a level that is about 3 million lower than the pre-pandemic peak.

And according to the latest number that we just got from the government, the civilian labor force actually decreased by 183,000 last month…

Curiously, even as the unemployment rate dropped, the participation rate also declined from 61.7% to 61.6% as the civilian labor force somehow shrank in September by 183K to 161.354 million.

Because of population growth, over time the number of Americans that are employed and the civilian labor force should both steadily grow.

But instead, in both cases it is as if millions of people have completely disappeared from the system.

So where did all the people go?

Some conservative pundits are telling us that Joe Biden’s policies have given many unemployed workers a reason to stay home and not work, and I agree that Joe Biden’s economic approach has been completely and utterly disastrous.

But this isn’t just happening in the United States.

Right now, there is an epic shortage of labor all over the globe, and this is something that I have covered a number of times.  For much more on this, please see my previous article entitled “What Is Causing The Global People Shortage?”

So where did all of the “missing workers” go?

Millions upon millions of people all over the world that were working before the pandemic are now seemingly unavailable to work now.

If we simply had enough workers to do all of the jobs that needed to be done, a lot of our global supply chain problems would disappear very rapidly.

Before I end this article, there is one more thing that I would like to discuss.

According to the OECD, 136 nations have all approved a new global agreement on corporate taxation…

A group of 136 countries have agreed to a global treaty that would tax large multinationals at a minimum rate of 15% and require companies to pay taxes in the countries where they do business.

Estonia, Hungary and — most notably — Ireland joined the agreement Thursday. It is now supported by all nations in the Organization for Economic Cooperation and Development and the G20. The countries that signed on to the international treaty represent more than 90% of global GDP. Four countries that participated in the talks — Kenya, Nigeria, Pakistan and Sri Lanka — have not yet joined the agreement.

Even in the midst of all the craziness that is going on out there, globalism continues to march forward.

Now that the world has come together on this, what other types of “global tax agreements” could they come up with in the future?

Of course most Americans will never even hear about this new global agreement on taxation, and it will never become a major political issue in this country.  This is by design, because the globalists prefer to move their agenda forward without much public debate if possible.

Our world is being transformed at a pace that is breathtaking, and the road ahead is filled with peril.

Most people simply trust our leaders to do the “right thing”, but the truth is that the biggest criminals in our society can often be found walking the halls of power.

We have already witnessed so much chaos and death over the past couple of years, and much more is on the way in the months ahead.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, “Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is a great help.  During these very challenging times, people will need hope more than ever before, and it is our goal to share the gospel of Jesus Christ with as many people as we possibly can.

I Need Your Help

I have never been very good at asking for help.  My father was an officer in the U.S. Navy, and he raised me to be very strong and very independent.  So for my entire life, I have been a “pull myself up by my own bootstraps” kind of guy.  From a very early age I came to think of asking others for help as a sign of weakness.  Of course today I know that is not true, but there is still part of me that hesitates to enlist the support of others even when I really, really need it.

But now I have been put into a position where I have no choice but to ask for help.  As many of you already know, I am running for Congress, and there is no way in the world that I could ever do that by myself.  So this is very humbling for me, because I know that if this is not a team effort that I am 100% assured of failing.

The good news is that a number of my readers have already stepped up to help, and I am so thankful for that.  And if you would like to financially support my campaign for Congress, you can do so right here.

Thankfully, I don’t have to raise enormous amounts of money to be successful.  In some areas of the country, candidates for the House of Representatives raise millions of dollars, but in this district candidates for Congress usually only raise a small fraction of that.

And there is going to be no incumbent in this district in 2018, because the individual that is currently holding this seat is running for governor instead.  So the race is wide open, and it doesn’t look like any of my potential opponents are going to raise a great deal of money.

So to win this race, I just need to raise enough money to be on the same playing field as the others.  Because we have already been sharing my message with groups of voters, and after hearing my message many voters that were undecided or that were already committed to another candidate are coming over to my side.

I am going to have the strongest message in this race, and I just need to get it in front of everyone in this district.

Once again, this is not actually going to take very much.  In fact, if every one of my readers were to donate 10 dollars today, I could be done funding my entire campaign by tomorrow.

Over the past seven years, I have published well over 2000 feature articles, and those of you that have been following my work for an extended period of time know my heart.  If you believe in me and what I am doing, then I am asking for your support.  I am asking those that want to see me in Congress to show that you are standing with me by donating at least 10 dollars to the campaign.  Perhaps later you will want to donate more, but right now we are just at the very beginning and we are trying to get things off the ground.  This is such a critical stage, and we have got to raise some funds in order to do the basic things that every campaign needs to do.

And of course 10 dollars is not a lot.  Many of you will spend more than that on coffee this week.  If you have been blessed by me and by my work all these years, would you consider being a blessing to me by helping in this way?

I want to take the same message that I have been proclaiming in my books, on my websites, and on radio and television all over America to the floor of the U.S. House of Representatives.  I wouldn’t be going there to “join the club” or to be just another spineless politician.  Rather, if I win this election I plan to turn over the tables in Washington D.C. and I plan to be a wrecking ball to the spirit of political correctness.

So many of us (including me) have complained that we never have anyone good to vote for, and so I am trying to do my part by putting myself way out on a limb.  It is kind of scary out here, but I have faith that those that enjoy my work all over the nation will rally behind me.

In every generation, Americans have had to sacrifice to defend liberty and freedom.  Thankfully we don’t have to do that will guns and bullets today, but that doesn’t mean that there aren’t sacrifices to be made.

Over the next 10 months, I will be spending hundreds upon hundreds of hours on this campaign.  I believe that the most pivotal time in modern American history is ahead of us, and we are going to need leadership in Washington that is going to fight for our values.

If you would like to read more about where I stand on the issues, you can do so right here and right here.  But of course most of you all already know my heart.  I have put everything that I have into my articles for the past seven years, and those of you that have followed me for a long time already know that I am a fighter.

But if I try to fight this battle alone, I will lose.

The only way that I am going to win is if you help me.

Like I said, I am not accustomed to asking for help like this, so all that I can do is open up my heart and be completely honest.

I need your help.

If you would like to donate to the campaign, just follow this link.  You can donate by credit card, Paypal or by check if you prefer.  We are going to stretch every single dollar as far as it can possibly go, and we are going to fight for every possible vote.

If you have any questions about any of this, please feel free to reach out to me at Michael@MichaelSnyderForCongress.com.

Our founders had faith that they could stand up to the mighty British empire, and because of that faith the United States of America exists today.

Now it is our turn to believe that we can make a difference.  If you would be willing to let me know that you stand with me by donating at least 10 dollars to the campaign, that would mean the world to me.

It is during our times of greatest need that we find out who our real friends are, and I am looking for a few good friends to help me now.

Thank you for following my work on a regular basis, and for more information about how you can get involved in this campaign, please check out my official campaign websites…

Michael Snyder For Congress

Michael Snyder For Idaho