Money

The corporate media seemed absolutely shocked by what happened on Tuesday night.  But I was not shocked one bit.  In fact, anyone with any common sense at all should have seen it coming.  Sadly, none of the talking heads on television that I saw were willing to admit why the Democrats really lost Virginia.  Some of the analysts said things that were true, but none of them addressed the main issue.  For example, CNN’s Van Jones admitted that Democrats “are coming across as annoying and offensive”, and that was certainly a truthful statement.  But that isn’t why Democrats lost.  Ultimately, the real reason why they lost in a state where they usually win is incredibly simple.

Voters are moved by things that affect them personally more than anything else.  “It’s the economy, stupid” was a slogan that was invented by Clinton campaign strategist James Carville all the way back in 1992.  If people believe that voting for a particular political party is going to improve their ability to make a living, that political party is going to get a lot of votes.  Alternatively, if people believe that voting for a particular political party is going to hurt their ability to make a living, that political party is going to lose a lot of votes.

Joe Biden made a catastrophic political error when he went after people’s jobs.  Countless Americans have already lost jobs due to various mandates, and approximately 80 million American workers will be covered by the big OSHA mandate that is about to go into effect.

Perhaps Biden and his minions thought that they would just be hurting conservatives with these mandates, but that isn’t true at all.  Vast numbers of independents and Democrats are also refusing to comply with the mandates, and many of them are extremely angry.

Let me give you an example.  In Kansas, the head of a local union district is very upset that close to half of the workers at his company could potentially lose their jobs…

In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc and Spirit AeroSystems remain unvaccinated against COVID-19, risking their jobs in defiance of a federal mandate, according to a union official.

“We’re going to lose a lot of employees over this,” said Cornell Adams, head of the local Machinists union district. Many workers did not object to the vaccines as such, he said, but were staunchly opposed to what they see as government meddling in personal health decisions.

Just reading those two paragraphs, it would be easy to come to the conclusion that Adams is probably a Republican.

But he’s not.

He is actually a Democrat, and he says that the Democrats will “never get another vote from me”…

A life-long Democrat, Adams said he would no longer vote for the party. “They’ll never get another vote from me and I’m telling the workers here the same thing.”

Did Biden and his minions actually think that countless independents and Democrats would forgive them for ruining their careers?

If they would have just left people alone, they would still be in control in Virginia, but instead election night was a “clean sweep” for Republicans.

And unless the Biden administration reverses course, the 2022 midterms will be a national bloodbath for the Democratic Party.

When asked about the slaughter in Virginia, Biden mentioned a lot of factors, but he didn’t bring up the mandates at all…

“People are upset and uncertain about a lot of things,” Biden said, “from COVID, to school, to jobs, to a whole range of things – and the cost of a gallon of gasoline. And so, if I’m able to pass and sign into law my ‘Build Back Better’ initiative, I’m in a position where you’re going to see a lot of those things ameliorated quickly and swiftly. So that has to be done.”

Asked what Democrats need to do to respond to Republican attacks over critical race theory and other cultural issues, Biden said, “We should produce for the American people.”

Some of the points he made are valid.

Without a doubt, Americans are annoyed that the price of gasoline has become so painful…

Gas prices have surged to a seven-year high of $3.40 a gallon nationally and are flirting with $4 in Nevada, Washington State and Oregon.

Bank of America is now predicting that Brent crude oil, which drives gas prices, will zoom to $120 a barrel by June 2022. That’s 45% higher than current levels.

Needless to say, the new global energy crisis which has suddenly erupted means that the price of gasoline is only going to go higher.

And it is also true that Americans are frustrated with the worst supply chain crisis in our history.  The vast piles of cargo that are just sitting around in southern California have proven to be very tempting targets for thieves…

“The more that the supply chain in general is backed up, the more cargo you’re going to have sitting. And that creates a bigger opportunity for thefts,” said Scott Cornell, a crime and theft specialist at insurance company Travelers, according to CBS MoneyWatch.

Thieves made off with more than $5 million worth of goods as a result of so-called supply-chain theft in California during the third quarter of 2021, a surge of about 42 percent from a year ago, according to cargo theft recovery and prevention network CargoNet.

The debacle in Afghanistan, the crisis on the southern border, and the rate at which the national debt is exploding are also factors that have weighed on Biden’s approval ratings.

But Biden and his fellow Democrats could have survived all of those things if they had just left people’s jobs alone.

In recent weeks, we have seen marches, demonstrations and protests all over the nation because of the mandates.

Sadly, the talking heads on television just can’t admit that the mandates are backfiring on an absolutely massive scale.

In the months ahead, countless more Americans will be forced out of their jobs thanks to the mandates, and this will set the stage for so many of the things that I have been warning about.

If the Democrats want to avoid a complete wipeout during the 2022 midterm elections, they should literally beg Biden to end the mandates immediately.

But they aren’t going to do that.

They are literally committing political suicide, and they could potentially be creating fertile ground for a new third party to emerge by 2024.

***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.

Even in the best of years we struggle to feed everyone in the world, and the last two years have definitely not been the best of years.  Global weather patterns have gone completely nuts, major natural disasters are happening with alarming frequency, and the COVID pandemic has played havoc with supply chains all over the world.  As a result, food prices have been absolutely soaring.  In fact, the UN is telling us that global food prices were up 40 percent in the 15 months ending in June…

Global food prices are rising along with many other commodities and constitute a major part of the inflation picture.

According to UN Food and Agriculture Organisation’s biannual global food outlook, prices had risen by 40% in the 15 months to June and the trend has continued. That is the largest increase since 2010-11, which students are geopolitical events will know was one of the major triggers of the so called Arab Spring that red to a revolution in Egypt and upheaval elsewhere.

Needless to say, this is going to hurt those at the bottom of the economic food chain the most.

Those that are living on five dollars or less a day simply cannot afford to pay 40 percent more for food.

If food prices continue to escalate rapidly, it is probably inevitable that we will see food riots and widespread civil unrest all around the planet.

I have been relentlessly warning my readers that this was coming, but of course many in the general population didn’t want to listen to such warnings.

But now even the communist government of China is telling people to become preppers.  Prices for some vegetables increased by more than 50 percent during the month of October, and on Monday Chinese citizens were directed to stockpile food for the coming months…

The country’s Ministry of Commerce late Monday issued a notice directing local governments to encourage people to stockpile “daily necessities,” including vegetables, oils and poultry, in order to “meet the needs of daily life and emergencies.”

The agency also urged local authorities to make sure that people have an “adequate supply” of essentials this winter into next spring. And it told those authorities to keep prices stable — a source of anxiety in recent weeks, as the cost of vegetables has surged throughout China because of unusually heavy rainfall that has hurt crops.

Have you ever heard of China doing something like this ever before?

Of course not.

And that is because global conditions have fundamentally changed.

If you do not understand this yet, you need to wake up.

Once this directive was issued in China, it caused a massive wave of panic buying in local supermarkets…

The directive was released on the government’s Weibo account, a similar platform to Twitter, stated: “Ministry of Commerce encourages households to stockpile daily necessities as needed.” It had more than 17 million views as of Tuesday. Some netizens were concerned that an impending invasion of Taiwan was the reason for the stockpiling directive.

“As soon as this news came out, all the old people near me went crazy panic buying in the supermarket,” wrote one Weibo user.

Could it be possible that Chinese officials want people to prepare because an invasion of Taiwan is coming soon?

Yes, that is possible, but hopefully we aren’t at that point yet.

I definitely believe that military conflict is approaching, but let us hope that it can be put off for as long as possible.

Here in the United States, we are certainly not ready for a showdown with China over Taiwan, because we have begun the process of kicking large numbers of people out of the military.  For instance, just check out what the Air Force is doing…

The Air Force has discharged 40 service members and is now preparing to address the thousands of others who failed to get a coronavirus vaccination before the Nov. 1 deadline officials imposed, becoming the first branch to execute what military leaders consider an essential protective measure but one that critics believe will undermine America’s ability to defend itself.

And now that the OSHA mandate is about to kick in, big corporations all over America are bracing for catastrophic personnel losses.  In certain cases, some companies could lose close to half of their workers…

In Wichita, Kansas, nearly half of the roughly 10,000 employees at aircraft companies Textron Inc and Spirit AeroSystems remain unvaccinated against COVID-19, risking their jobs in defiance of a federal mandate, according to a union official.

“We’re going to lose a lot of employees over this,” said Cornell Adams, head of the local Machinists union district. Many workers did not object to the vaccines as such, he said, but were staunchly opposed to what they see as government meddling in personal health decisions.

Why in the world would Joe Biden think that this is a good idea?

Forcing millions of highly qualified Americans out of their jobs in the middle of the most epic worker shortage in U.S. history is an incredibly stupid thing to do.

But Joe Biden is doing it anyway.

Meanwhile, Pfizer is laughing all the way to the bank…

Pfizer Inc on Tuesday said it expected 2021 sales of the COVID-19 vaccine it developed with German partner BioNTech SE to reach $36 billion and forecast another $29 billion from the shot in 2022, topping analyst estimates for both years.

The U.S. drugmaker said it is seeking to sign more vaccine deals with countries, which could drive sales even higher next year. It has the capacity to produce 4 billion doses in 2022 and has based its projections on sales of 1.7 billion doses.

Like with so many other things in our society, ultimately this is all about the money.

Looking ahead, governments around the world are going to continue to create, borrow and spend new money at a staggering pace, and that will push worldwide food prices higher.

And the new global energy crisis that has suddenly erupted will also push worldwide food prices higher.

On top of everything else, I expect that a variety of other factors will combine to continue to suppress agricultural production all over the planet.

So that means that for once I actually agree with the Chinese government.

Stock up while you still can, because things are starting to get really crazy out there.

***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.

What a joyful time of the year this is going to be for the countless families that are about to experience a job loss.  You would think that Joe Biden’s rapidly plunging poll numbers would cause him to rethink his absurd mandates, but that hasn’t happened.  Instead, he is has chosen to stubbornly move forward, and the consequences are going to be absolutely disastrous.  Earlier today, I watched a heartbreaking video of a pandemic hero being marched out of a hospital in California because her religious exemption was denied.  She admits that she could soon lose her house as a result, but freedom is more important to her.  Sadly, similar scenes are about to be repeated over and over again all across the country, because the biggest mandate of them all is about to be implemented.  According to the senior White House correspondent for CBS News, it appears that the OSHA mandate will go into effect in just a few days…

OSHA has finished developing a rule that compels companies with 100+ employees to require vaccines or regular testing. It also requires employers to provide paid time to workers to get vaccinated and to recover from any side effects. The rule will go into effect in days.

It has been estimated that the OSHA mandate will cover somewhere around 80 million American workers.

As the new regulations start to be enforced, countless Americans will choose to willingly leave their jobs, and countless others will be ruthlessly terminated for not complying.  Needless to say, this is going to cause enormous nightmares in industry after industry.

For example, we are already in the midst of the worst supply chain crisis in U.S. history, and logistics companies are warning that the OSHA mandate will make things much, much worse…

Logistics companies in industries ranging from trucking to warehouses are warning that President Joe Biden’s vaccine mandate will cause further supply chain backlogs.

Groups representing them say substantial numbers of their employees are unvaccinated, and may quit or be let go at the height of the holiday season.

Even if he purposely wanted to be this evil, why in the world would Biden want to make our supply chain headaches far more painful right as we are entering the busiest time of the year?

It doesn’t make any sense.

Because of the epic worker shortage that we are currently experiencing, replacing employees that are lost is going to be exceedingly difficult.

We are already dealing with a shortage of approximately 80,000 truckers, and the ATA is openly warning that the OSHA mandate “will create a workforce crisis for our industry”…

American Trucking Associations has sent a letter to the Biden administration expressing “grave concern” over the potential damage that the president’s plans for a COVID-19 vaccine mandate for many businesses — including trucking companies — could cause for the country.

“While much of the country was sequestered in their homes, the trucking industry served its essential function and did so successfully with safety standards developed by public health experts,” said the Oct. 21 letter, signed by ATA President Chris Spear. “Now placing vaccination mandates on employers, which in turn force employees to be vaccinated, will create a workforce crisis for our industry and the communities, families and businesses we serve.”

We aren’t just talking about the loss of a few thousand truck drivers.

According to the ATA, we could potentially be facing the loss of 37 percent of all truck drivers in the entire nation…

The federation warns that motor carriers it represents – who it said supply 80% of the country and move 70% of all freight tonnage — could lose up to 37% of their drivers.

37 percent!

If you think that store shelves are empty now, just wait until that happens.

The retail industry is also in a state of panic because of the upcoming mandate…

Besides trucking, retailers are also concerned the mandate could trigger resignations in an industry also short on workers, according to a lobbyist at the Retail Industry Leaders Association, Evan Armstrong.

‘It has been a hectic holiday season already, as you know, with supply chain struggles,’ Armstrong told CNBC after a meeting with White House officials last Monday.

‘This is a difficult policy to implement. It would be even more difficult during the holiday season.’

Retailers are already really struggling to staff their stores in many areas of the country.

This new mandate certainly will not help matters.

The U.S. military has their own mandates that are in the process of being implemented, and this week we learned that large numbers of Marines could be on the verge of being kicked out of the military…

The Corps will kick out every Marine who refuses the COVID-19 vaccine and fails to receive an approved exemption by the Nov. 28 deadline, a new administrative message said.

Barring an approved administrative, medical or religious accommodation, or a pending appeal, Marines who fail to meet the deadline will be processed for administrative separation, the MARADMIN said. General court-martial convening authorities will “retain authority to take any additional adverse administrative or disciplinary action” deemed appropriate.

Frankly, this makes me sick.

We are really going to do this right around Thanksgiving?

How heartless are these people?

After our military has been gutted, I hope that no major conflict suddenly erupts, because our ability to go to war will be greatly diminished.

In so many ways, this moment represents a fundamental turning point for the United States, and nothing will ever be the same after this.

Personally, I have never been more disgusted with the Democratic Party than I am right now, and countless others feel the same way.  If you doubt this, just check out these poll results…

Independents believe that the Democratic Party more than the Republican Party is “the bigger threat” to American democracy, according to an NPR/PBS NewsHour/Marist poll released on Monday.

In response to the question, “In general, which party do you think is the bigger threat to democracy in the United States,” 41 percent of Independents said the Democratic Party, while 37 percent said the Republican Party.

The sort of mandates that are now being pushed on all of us have absolutely no place in a civilized society.

If you have lost a job or are about to lose a job, I want you to know that you are not alone.

There are millions upon millions of other Americans that still believe in freedom, and we shall not bow our knees before these tyrants.

***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.

Are we about to witness one of the greatest self-inflicted economic wounds in history?  Vaccine mandate deadlines are starting to arrive, and large numbers of very qualified people are losing their jobs as a result.  Of course this comes at a very bad time, because we are already in the midst of the most epic worker shortage in U.S. history.  Despite the biggest hiring push that I have ever seen in my entire lifetime, businesses all over America are still desperate for workers.  The funny thing is that lots of available workers should theoretically be out there somewhere.  The number of Americans that are currently working is still about five million less than the peak that was hit just before the pandemic arrived.  So where did all of those missing workers go?  That is a question that we desperately need an answer for, because millions of workers seem to have evaporated from the system.  Now the vaccine mandates are going to make things far worse, because millions of Americans that are actually good at their jobs are going to be ruthlessly terminated, and finding replacements for them is going to be exceedingly difficult.

For instance, you can’t just pull guys off the street and have them fly planes.  Very soon, large numbers of pilots will be sent packing on a permanent basis, and pilots for American Airlines gave us a taste of what is coming by engaging in a “sick out” over the weekend…

American Airlines canceled another 634 flights on Sunday, more than 12% of its total operations for the day, the company said Sunday.

The airline has now canceled more than 1,500 flights since Friday, as it deals with weather issues and staffing shortages that started last week.

Of course American Airlines is trying to blame “the weather” for these canceled flights, but everyone knows what is really going on.

And I greatly applaud the pilots for taking a stand.

If these airlines don’t reverse their mandates, pretty soon we will have widespread air travel headaches on a permanent basis in this nation.

In New York City, Friday was the deadline for municipal workers to get vaccinated, and more than 26,000 of them have refused to comply…

Twenty-six percent of municipal employees in New York City were still unvaccinated following a Friday deadline that mandated workers get the COVID-19 vaccine.

A significant jump in vaccinations occurred among city employees due to the deadline, the city said, according to The Associated Press, but more than 26,000 workers have not uploaded proof of their vaccination status and face unpaid leave as a result.

Moving forward, all of the work that those 26,000 workers used to do simply will not get done.

Already, a total of 26 fire companies have had to be completely shut down…

The FDNY shuttered 26 fire companies citywide on Saturday due to staff shortages caused by the COVID-19 vaccination mandate, according to furious elected officials, who ripped the move as “unconscionable” — and warned it could have catastrophic consequences.

So will this cost lives?

Of course it will.

In fact, a seven-year-old boy just died in an apartment fire…

A seven-year-old boy died and his grandmother was seriously injured in an apartment fire in New York City as the FDNY deals with staff shortages in response to a vaccine mandate.

Firefighters responded to a 1:30 a.m. call Saturday at a building in Washington Heights, where fire broke out in the building superintendent’s basement apartment. First responders quickly contained and extinguished the fire.

Meanwhile, trash is starting to pile up around the city at a very alarming rate…

Trash bags can be spotted all over the Midwood neighborhood of Brooklyn, where some residents said that it has been days since their trash was last picked up. A few said they realized something was off earlier in the week, as one missed pickup happens, but they started to think there was a problem after the second missed time.

On both residential streets and commercial areas, the trash bags on the sidewalk are piled several feet high in some instances. One resident who has lived in the area for about 40 years said she has never seen the area as dirty as has been the past few days.

So what is the city going to look and smell like in a few months once we get into the early portion of 2022?

The sad thing is that none of this had to happen.

The vaccine mandates are absurd, and they are going to cause enormous problems all over the country.

Countless supply chain workers are going to be pulled out of our supply chains in the coming months, and we are already facing painful shortages from coast to coast…

Supermarket chains are revamping their operations to navigate persistent product shortages, expanding storage space and curbing discounts to make sure they don’t run out.

Companies are planning for shortages of popular brands of food and staples to continue for months and managers are trying to keep up as different products run short from week to week, industry executives said.

A lot of Americans are still expecting these shortages to go away eventually, but Transportation Secretary Pete Buttigieg is now admitting that there will be supply chain problems “as long as the pandemic continues”…

Transport Secretary Pete Buttigieg says the supply chain crisis will continue at least until the COVID-19 pandemic ends amid fears of shortages ahead of the winter holidays.

‘There are definitely going to continue to be issues, especially as long as the pandemic continues,’ Buttigieg told Fox News Sunday. ‘If you have, for example, the third-largest container port in the world in China shutting down because of a COVID outbreak in late summer you’ll feel that in the fall here on the West coast.’

Of course there is no end in sight for the pandemic.  The virus is constantly mutating, and any immunity to it is very temporary.

So just like the common cold and the flu, COVID will be with us indefinitely.

If Biden administration officials want to reverse recent polling trends, they better find a way to address our supply chain issues, because right now their numbers are really dismal.  Here is just one example…

“Americans have lost their confidence in President Joe Biden and their optimism for the country.”

That, according to Chuck Todd, is the top takeaway from a just-released NBC News poll out Sunday. Breaking down the numbers on Meet the Press, Todd pointed to data from the survey that he deemed “shocking.”

“Just 22 percent of adults say [the U.S. is] headed in the right direction,” Todd reported. “A shocking 71 percent say we’re on the wrong track.”

The only surprise from that survey is that there are 22 percent of Americans that are still gullible enough to have a positive outlook.

The Democrats have cooked up a recipe for national suicide, and they are setting the stage for so many of the things that I warned about in my latest book.

If Joe Biden had any sense, he would rescind all nationwide vaccine mandates immediately.

But he isn’t going to do that.

And major cities like New York and Los Angeles are not going to rescind their mandates either.

So “things are not gonna get done” on an absolutely massive scale in 2022, and we will all suffer deeply as a result.

***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.

A lot of people aren’t going to want to hear this.  There are a lot of people out there that just want to hear that the future is going to be filled with rainbows, lollipops and unicorns, but that isn’t the truth.  Months ago, I warned my readers that the global chip shortage wasn’t going to end any time soon and that it would deeply affect thousands of other industries, and that is precisely what is happening right now.  Industry after industry is deeply hurting, and a lot of executives are really starting to freak out.  Earlier this year, many among the blind optimists assured us that the chip shortage would be resolved by the end of 2021, but obviously that has not happened.  In fact, the corporate media is now telling us that it is getting even worse.  For example, the following comes from a Wall Street Journal article entitled “Global Chip Shortage ‘Is Far From Over’ as Wait Times Get Longer”…

Wait times for chip deliveries have continued to climb above a healthy threshold of 9-12 weeks. Over the summer, the wait stretched to 19 weeks on average, according to Susquehanna Financial Group. But as of October, it has ballooned to 22 weeks. It is longer for the scarcest parts: 25 weeks for power-management components and 38 weeks for the microcontrollers that the auto industry needs, the firm said.

Those numbers are unlike anything that we have ever seen before.

And we are rapidly getting to a point where some wait times will start to be measured in years.  Manuel Schoenfeld placed an order for transmission chips in May 2021, and he is now being told that they will probably be delivered in May 2022…

Manuel Schoenfeld placed an order in May for transmission chips for the utility-monitoring devices made by his New York-based firm PowerX. He was told the chips would arrive by summer, then fall, then winter and now doesn’t expect to get them until May 2022.

“This is far from over,” Mr. Schoenfeld said.

How bad does it have to get before people start waking up?

The entire global economic system is experiencing stunning breakdowns on a widespread basis, and yet a lot of people still assume that everything is going to work out just fine somehow.

Due to a lack of chips, new vehicle production has dropped precipitously and dealers around the nation have seen their inventories drop to alarmingly low levels.  As a result, demand for used vehicles has skyrocketed, and this has pushed used car prices to absolutely insane heights…

The 2019 Honda Civic that kicked off a used-car auction earlier this month would have been nothing special before the pandemic. But as automotive dealer Brad Wimmer watched, the online bidding quickly became, to quote him, “bananas.”

As a new car, the Civic would have had a sticker price of around $21,000. But within seconds at the wholesale auction, the two-year-old model, with 4,000 miles, sold for $27,200.

If you have an old clunker that you don’t need anymore just sitting around, you may want to check what it is worth now.

We are witnessing a similar phenomenon with farm equipment.  A lack of chips has suppressed production, and used equipment is now in very high demand.

So just like we are seeing with used cars, many pieces of used farm equipment are now selling for much more than when they were brand new…

Joel Everett said he was astounded when a lightly used 2009 John Deere tractor sold at his last auction in Strawberry Point, Iowa, for tens of thousands of dollars more than it had cost fresh off the production line more than a decade ago.

Bought new for $109,000, the tractor sold for $143,000 at auction, he said. It’s not an isolated incident, said Everett, who has run Joel’s Tractor and Auction since 1992. A lot of farm equipment, particularly used tractors, is selling for 30 percent to 50 percent more than it was two years ago at his auction house.

Food prices are shooting up at a very brisk pace as well.

According to Bloomberg, global food costs have jumped “by a third” over the past year…

The jump in global food prices to a decade high risks leading to even more expensive grocery bills, and the energy crisis is threatening to make things even worse.

Harvest setbacks, strong demand and supply chain disruptions have sent a United Nations index of food costs up by a third over the past year. The latest leg up last month came as prices for almost all types of foodstuffs gained, adding to inflationary headaches for consumers and central banks.

In my latest book, I have an entire chapter entitled “Hyperinflation and Shortages”, and in that chapter I specifically warned that this would happen.

In fact, in that chapter I specifically warned about the impact that the chip shortage would have on global food prices.

We knew in advance that this was coming, and now it is here.

As global food supplies get tighter and tighter, shortages are going to become more intense and prices are going to become increasingly painful.

Even now, we are being told that this will be the most expensive Thanksgiving ever, and stores shelves just seem to keep getting emptier and emptier.

Earlier today, I posted footage that one man took in an alarmingly empty Walmart in Connecticut.  We are seeing similar things happen all over the nation, but authorities continue to insist that everything is just fine.

In fact, the USDA is specifically telling us that there are “no nationwide shortages of food”…

There are currently no nationwide shortages of food, although in some cases the inventory of certain foods at your grocery store might be temporarily low before stores can restock. Food production and manufacturing are widely dispersed throughout the U.S. and there are currently no wide-spread disruptions reported in the supply chain.

USDA and the Food and Drug Administration are closely monitoring the food supply chain for any shortages in collaboration with industry and our federal and state partners. We are in regular contact with food manufacturers and grocery stores.

Well, the USDA has spoken, and so I guess that settles it.

I am sorry for alarming all of you with the facts that I presented earlier in this article.

The USDA says that there are no “wide-spread disruptions reported in the supply chain”, and the federal government always tells us the truth.

So that means that everything is going to be okay, and you can go back to sleep now.

***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.

If you haven’t been paying attention, you will want to start watching the price of oil again.  Just before the financial crisis of 2008, the price of oil briefly shot up to 140 dollars a barrel, and experts agree that a very high price for oil would definitely unsettle financial markets now.  Unfortunately, it appears to be inevitable that the price of oil will go much higher.  Large financial institutions have become extremely hesitant to fund any projects that would “pollute the environment”, and governments around the world have made it extremely difficult for those that produce traditional forms of energy to expand operations.  Globally, there is a major push to bring in “the new green economy”, but “the new green economy” cannot provide the energy that we need.  Meanwhile, the demand for energy continues to grow all over the globe on a daily basis.  What this means is that all forms of traditional energy are going to become a lot more expensive.

At this moment, the price of oil is over 80 dollars per barrel, and many are anticipating that it will soon hit 100 dollars per barrel.

When Russian President Vladimir Putin was recently asked about the price of oil, this is how he responded…

After the price of West Texas Intermediate (WTI) recently crossed $80 per barrel, Russian President Vladimir Putin was asked whether it could reach $100. He replied “That is quite possible.” Given Russia’s dependence on revenue from its oil exports, he was probably smiling when he said it.

100 dollar oil wouldn’t be much of a shock, but what about 20o dollar oil?

Not too long ago, a team of JPMorgan analysts suggested that we could actually see it happen…

“We believe the evolution of coal prices might reflect supply, demand, cost of capital and energy transitioning issues for all fossil fuels, and it would certainly be possible that oil prices will follow the same pattern (inflation adjusted for oil, that would be in a $150-200/bbl range),” wrote a team of JPMorgan Chase & Co. strategists led by Marko Kolanovic.

Virtually all forms of economic activity require power, and so if the price of oil doubles or triples from current levels that is going to push all prices much higher than they are now.

Some have suggested that we could increasingly switch to other forms of traditional energy if the price of oil becomes too oppressive, but that is not likely to happen due to the widespread shortages that we are witnessing.

For example, supplies of natural gas have never been tighter than they are at this moment.  In South Dakota, residents are being warned that their natural gas bills could potentially double this winter…

“The natural gas industry is experiencing shortages in supply while also seeing an increase in overall natural gas demand. As a result, homeowners should expect to see higher natural gas bills this winter,” said PUC Chairman Chris Nelson. “South Dakota’s regulated natural gas utilities, including MidAmerican Energy Co., Montana-Dakota Utilities Co., and NorthWestern Energy, are currently projecting bill increases for residential customers of at least 50% to 100% compared to the bills seen between November and February of the 2020-2021 heating season,” he explained.

The current natural gas shortage is the result of a number of factors. High demand due to increased exports of liquefied natural gas and increased natural gas usage for electric generation along with low production due to hurricanes have led to low storage inventories heading into the peak heating season.

We don’t have enough propane either.

In fact, we are being openly warned of a major “inventory shortage” in the months ahead…

Total US propane stocks concluded the annual summer build season well below the previous five-year average, fueling longstanding concerns among market participants of an inventory shortage coinciding with colder temperatures ushering in the annual increase in winter demand.

In the old days, we could always count on there being plenty of coal, but now that has changed too.

At this point, we are being told that the amount of coal our power plants have on hand is the lowest ever measured “in records going back to 1997”…

Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground.

Inventories fell to 84.3 million tons in August, according to government data released Tuesday. That’s the lowest in records going back to 1997, when Bill Clinton was beginning his second term as U.S. president.

Many Americans don’t realize that coal is still extremely important to our economy.

According to an article posted on Zero Hedge, coal still accounts for about one-fourth of all U.S. power generation…

As of August, about a quarter of all US power generation was derived from coal. As winter approaches, coal-fired power plants will become a more significant percentage of all U.S. power generation.

Power plants are expected to burn 19% more coal this year because soaring natural gas prices have made it uneconomical to produce power. In return, this is forcing generators to burn through coal reserves much quicker and has caught coal producers off guard who cannot bring new coal to the market.

In all my years, I have never seen a time when supplies of oil, natural gas, propane and coal all became extremely tight simultaneously.

If we get to a point where there are severe energy shortages for an extended period of time, that is going to be absolutely disastrous for our economic system.

And of course things are already not going very well for the U.S. economy.  In fact, Gallup just found that 68 percent of all Americans believe that the economy is “getting worse”…

The share of Americans saying the economy is getting worse climbed from 63 percent in September to 68 percent in October, Gallup reported Wednesday.

This was not a case of partisan politics. Democrats and Republican views of the economy were essentially unchanged in October, according to Gallup. What happened was the percentage of independents who say economic conditions are getting worse soared nine points from 63 percent to 72 percent.

Needless to say, all of this is perfectly setting the stage for the sort of epic economic meltdown that I have been warning about.

The price of oil will soon hit 100 dollars a barrel, but that won’t be the end of the world.

But when it hits 150 dollars a barrel, Wall Street and the mainstream media will definitely be freaking out.

And when it hits 200 dollars a barrel, it will officially be time to panic about the economy.

The world must have energy to function, and supplies of energy are going to get tighter and tighter in the months ahead.

We have been warned that this energy crunch was coming for decades, and now it is here.

I hope that you are prepared for what is going to happen next, because it isn’t going to be pretty.

***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.

We are facing an unprecedented global energy crunch.  Demand for energy is continually rising, and the production of energy is not keeping pace.  One of the biggest reasons for this is that large financial institutions have become extremely hesitant to fund any new energy projects that will add more carbon emissions to the environment.  Instead, they want to fund projects that will help us transition to the new “green economy”, but meanwhile we are getting to a point where we will soon see widespread shortages of traditional forms of energy.  So now we all get to suffer.  A lack of oil is pushing the price of gasoline to alarming heights, shortages of natural gas are already causing tremendous disruptions in Asia and Europe, we are being told that we are facing a propane “armageddon” this winter, and supplies of coal have dropped to dangerously low levels around the world.

In other words, we are potentially heading into the most painful global energy crisis in modern history.

When CNN asked Blackstone CEO Stephen Schwarzman about this, he openly admitted that we are “going to end up with a real shortage of energy”…

Blackstone CEO Stephen Schwarzman warned Tuesday that high energy prices will likely set off social unrest around the world.

“We’re going to end up with a real shortage of energy. And when you have a shortage, it’s going to cost more. And it’s probably going to cost a lot more,” the private-equity billionaire told CNN International’s Richard Quest at a conference in Saudi Arabia.

When the power goes out, people are not going to be happy.

And people are really not going to be happy if it goes out for an extended period of time.

According to Schwarzman, we will soon see “very unhappy people” all over the globe…

“You’re going to get very unhappy people around the world in the emerging markets in particular but in the developed world,” Schwarzman said at the Future Investment Initiative. “What happens then, Richard, is you’ve got real unrest. This challenges the political system and it’s all utterly unnecessary.”

Sadly, he is right that this global energy crisis did not have to happen.

If the global elite had continued to fund traditional energy projects at the pace that was needed, we could have avoided this nightmare to a very large degree.

But traditional forms of energy are now being shunned, and billions of people will suffer as a result.

Meanwhile, prices throughout our economic system continue to rise at a very alarming pace.  Just check out what has been happening to the price of turkey…

The U.S. Department of Agriculture, for example, released data recently showing the average wholesale price of Grade A frozen 8- to 16-pound turkey has spiked by 21.91% since last year. That means what cost $1.15 per pound a year ago will now ring at at $1.41. And just for context, the same would have cost 96 cents in 2019 and 84 cents in 2018.

If math isn’t your thing, that’s a 68% wholesale price increase in just two years.

Overall, we are being told that this upcoming Thanksgiving will be the most expensive Thanksgiving that any of us have ever experienced…

Matthew McClure paid 20% more this month than he did last year for the 25 pasture-raised turkeys he plans to roast at the Hive, the Bentonville, Arkansas, restaurant where he is the executive chef. And Norman Brown, director of sweet-potato sales for Wada Farms in Raleigh, North Carolina, is paying truckers nearly twice as much as usual to haul the crop to other parts of the country.

“I never seen anything like it, and I’ve been running sweet potatoes for 38 or 39 years,” Brown said. “I don’t know what the answer is, but in the end it’s all going to get passed on to the consumer.”

Unfortunately, more price hikes are on the horizon.

In fact, Kimberly-Clark is opening warning that they are going to be boosting prices even higher…

Prices of toilet paper, diapers, facial tissues and paper towels will likely rise in coming weeks as Irving-based consumer giant Kimberly-Clark warned Monday that inflation and supply chain concerns aren’t “likely to be resolved quickly.”

So I would stock up on paper products while you still can.

In case you haven’t figured it out yet, inflation is eventually going to get far worse than what we witnessed during the 1970s.

At this point, even many top Democrats are warning that high inflation is with us to stay.  Here is one recent example…

Former President Barack Obama’s chief of global development on Tuesday predicted inflation was here to stay, despite the Biden administration’s protestations to the contrary.

Prices “will go higher, and the Fed has misread the inflation dynamics in a big way,” former Global Development Council Chairman Mohamed El Erian said in an afternoon interview with Fox News’ Sandra Smith, adding that the Federal Reserve was “still hostage to this notion that it’s transitory.”

And the shortages that we are currently experiencing are ultimately going to get worse too.

Right now, we are already facing the worst shortage of alcoholic beverages since the 1930s.  When asked about his empty shelves by a reporter, one gas station owner said that he has “never seen anything like this”…

Supply chain issues are impacting the alcohol supply in the U.S., and it’s making alcohol more expensive and difficult for bars and liquor stores to get.

“I have so many empty shelves. In the two years of doing this, I’ve never seen anything like this,” gas station chain owner Ali Ali said.

As I discussed yesterday, now Biden wants to take countless more truck drivers off the road, and that will make our supply chain headaches a whole lot worse.

And as energy prices escalate, that will push all prices throughout our economic system higher and higher and higher.

Yes, all of this is really happening.

This is not a drill.

We are in the early chapters of a full-blown economic meltdown of epic proportions, and nothing will ever be the same after this.

If you want to keep waiting for conditions to “return to normal”, you are going to be waiting for a really, really long time.

We have entered a truly horrible nightmare, and there will be no waking up from this.

***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.

Is Joe Biden about to apply the finishing blow to the U.S. economy?  If you don’t understand what I am talking about, just keep reading.  Somehow it seems appropriate that “the Grim Creeper” is in charge during the dying days of the U.S. economic system.  The U.S. dollar is being systematically destroyed, there are significant shortages all over the nation, a horrifying global energy crisis has suddenly erupted, and we are facing the most epic shortage of workers in our entire history.  As a result of the worker shortage, thousands upon thousands of very basic tasks that need to get done in order for our economy to run smoothly simply aren’t getting done.  This is one of the reasons why we are now facing the worst supply chain headaches that any of us have ever seen, and it is in this environment that Biden has chosen to deliver the coup de grâce.

As I have discussed previously, Biden’s absurd mandates will force millions upon millions of highly skilled Americans out of their jobs at a time when big companies all over the U.S. are already extremely desperate for workers.  Over the past few weeks, scores of business leaders have been traveling to Washington to beg Biden to at least delay his mandates until after the holiday season…

Worried that President Joe Biden’s Covid vaccine mandate for private companies could cause a mass exodus of employees, business groups are pleading with the White House to delay the rule until after the holiday season.

White House officials at the Office of Management and Budget held dozens of meetings with labor unions, industry lobbyists and private individuals last week as the administration conducts its final review of the mandate, which will require businesses with 100 or more employees to ensure they are vaccinated against Covid or tested weekly for the virus. It is estimated to cover roughly two-thirds of the private sector workforce.

But so far the White House has been unmoved.

It is almost as if Biden can’t wait to drop the hammer on the economy.

Needless to say, these mandates will make the unprecedented supply chain crisis that we are currently dealing with far, far worse.  If you doubt this, just consider what the trucking industry is potentially facing…

The American Trucking Associations, which will meet with the OMB on Tuesday, warned the administration last week that many drivers will likely quit rather than get vaccinated, further disrupting the national supply chain at time when the industry is already short 80,000 drivers.

The trucking association estimates companies covered by the mandate could lose 37% of drivers through retirements, resignations and workers switching to smaller companies not covered by the requirements.

Okay, so let me get this straight.

We need 80,000 more truck drivers right now, and Biden wants to fire 37 percent of those that we currently have on the roads?

In the past I have written articles about what would happen if America’s trucks stopped running, and we might be on the verge of actually seeing about a third of them suddenly shut down.

If you think that our store shelves are empty now, just wait until that happens.

And the trucking industry is just a small part of the overall picture.  Just imagine what our country would look like if millions upon millions of important workers suddenly vanished from the system.

When I said that Biden was about to deliver a “finishing blow”, I was not kidding.

Over in Europe, they are facing a problem of a different nature.  A severe shortage of magnesium threatens to reach a major crisis point next month, and that could result in millions of jobs being lost…

Europe purchases 95% of its magnesium from China, will run out of the industrial metal used to strengthen aluminum by the end of November that could threaten millions of jobs in sectors from automobiles to aerospace to defense and much more, according to Bloomberg.

Three trade groups, including European Aluminium, Eurometaux, and industriAll, warn shipments from China are dwindling quick due to power cuts to energy-intensive magnesium smelters. They said if reserves of the industrial metal aren’t increased in the near term, it may result in trade production shortages, factory closures, and job losses.

Over the years, how many times did I warn that it was foolish to become so dependent on China?

Now Europe is about to learn this lesson the hard way.

So much of the pain that the western world is experiencing now could have been avoided if we would have made different policy decisions when we had the chance.

To a very large degree, our wounds are self-inflicted, and now Biden is going in for the kill.

Once his mandates go into effect, millions of hard working Americans will be ruthlessly fired and suddenly won’t have any paychecks coming in.

Meanwhile, inflation is starting to get out of control and the cost of living is absolutely soaring.  Earlier today, I was horrified to learn that propane prices have skyrocketed to utterly insane levels…

Propane prices haven’t been so high heading into winter in a decade, which is bad news for the millions of rural Americans who rely on the fuel to stay warm.

At $1.41 a gallon at the Mont Belvieu trading hub in Texas, on-the-spot prices are about triple those of the past two Octobers. Of the two main U.S. propane futures contracts, one hit a high earlier this month and the other doesn’t have far to climb to eclipse the record it set during the blizzard of 2014. The average residential price tracked by the U.S. Energy Information Administration has jumped by 50% from a year ago, to $2.69 a gallon.

Unfortunately, propane supplies are supposed to become even tighter in the months ahead.

They keep telling us that this is going to be a “dark winter”, but for many Americans it will be a very cold winter too.

I am doing my best to sound the alarm, and so many of the things that I have warned about are now happening right in front of our eyes.

But most of the population still doesn’t want to believe that things are really this bad.

Most of them are still convinced that better days are just around the corner, and it would be wonderful if they were actually correct.

***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.