Money

The lack of critical thinking that we see in the world of journalism today is absolutely frightening.  Way too often, the mainstream media simply takes the information that it is being fed and packages it as “truth” for an unsuspecting public.  And since the general public does so little critical thinking at this point, most of the time the misinformation that is being foisted upon us goes virtually unchallenged.  That is one of the reasons why my articles have become so popular over the years.  I am not afraid to challenge the official narratives, and I encourage my readers to think for themselves and to come to their own conclusions.

There is so much misinformation that I could discuss, but in this article I am going to focus on some of the recent economic lies that we have been told.

On Friday, NPR was thrilled to report that the U.S. economy “added 467,000 jobs last month”…

The U.S. job market came through January in much better shape than expected despite a winter wave of coronavirus infections.

Employers added 467,000 jobs last month, according to a new tally from the Labor Department, far outpacing even the most optimistic forecasts. The gains came despite a surge in COVID-19 cases tied to the omicron variant.

But the U.S. economy did not add 467,000 jobs last month.

It actually lost 2.8 million jobs.

So how does a loss of 2.8 million jobs become a gain of 467,000 jobs?

That is where “seasonal adjustments” come in, and as one expert quoted by Zero Hedge noted, “there has never been a January Seasonal Adjustment of this magnitude”…

At this point the answer what is behind the massive January beat should be becoming clear: how did a -2.8 million actual drop in jobs translate into an adjusted 467K? If you said seasonal, covid and population control adjustments, you are right. And to be sure, this is something both we and others flagged, when we lamented that month after month, the BLS appeared to be using stale seasonal adjustments.

But digging deeper shows that this was not just an ordinary seasonal adjustment.

As SouthBay Research notes in his NFP postmortem, “there has never been a January Seasonal Adjustment of this magnitude”

In other words, what we just witnessed was “the mother of all seasonal adjustments”, and the end result was definitely welcomed by the Biden administration.

But anyone that actually believes that the U.S. economy magically added 467,000 jobs last month is not dealing with reality.

Meanwhile, we are getting a cold, hard reality check when it comes to our ongoing supply chain crisis.

The Biden administration assured us that 2022 would be different.  We were told that they were on top of this crisis and that they were taking emergency measures to make things better.  Theoretically, once we got past the challenging period of the holiday season economic demand would drop and congestion throughout our supply chains would ease.

But that hasn’t happened.

Instead, we continue to get indications that things are getting even worse.

On Friday, Ford announced that it would “temporarily halt or scale back” production at eight facilities in North America because of a lack of computer chips…

Difficulties in obtaining semiconductor chips will prompt Ford Motor to temporarily halt or scale back auto production at eight plants in North America, the company said Friday, according to reports.

The announcement by the major U.S. automaker – set to take effect next week — continued a series of supply-chain setbacks that have affected the nation’s economy in recent months.

That is really bad news.

Does this mean that we are facing yet another year of insanely high vehicle prices?

During a call with reporters on Friday, U.S. Commerce Secretary Gina Raimondo actually admitted that there isn’t going to be any quick fix for the chip shortage…

U.S. Commerce Secretary Gina Raimondo warned during a call with reporters on Friday that there will be no quick fix to resolve the semiconductor shortage contributing to supply chain disruptions causing a ripple effect across the economy.

“We didn’t get in this mess overnight, and we’re not going to get out overnight. This has been a problem decades in the making,” she explained. “There has been a slow deterioration of our manufacturing base in America over decades, and we need to start now to rebuild.”

For once, someone in the Biden administration has made a good point.

We never should have allowed ourselves to become so dependent on chip production from Asia.

Today, the majority of the chips that we use are made in Taiwan.

So what happens to our economy if China invades Taiwan?

You might want to think about that.

Other shortages continue to intensify as well.  For example, the following comes from an article about our nationwide baby formula shortage…

Claire Salter, an Operation Give Back volunteer in Blue Ash, says she’s very worried because there’s not much baby formula left on the nonprofit organization’s pantry shelves.

“It terrifies me,” said Salter.

“These six or seven, eight cans we have — that’s all we have right now,” she added.

If I discussed all of the major shortages that we are facing right now, it would take me weeks to finish this article.

In fact, the CEO of a chain of convenience stores in Texas recently admitted that his company is “probably averaging 6,500 to 8,000 outs a week from manufacturers”…

Kevin Smartt, CEO of Texas-based convenience store chain TXB (which stands for Texas Born) has been closely monitoring weekly product availability reports from his distributors.

The company operates 50 stores across Texas and Oklahoma. Each location is an average of 4,500 square feet, serving a mix of freshly-prepared foods like tacos, salads and sandwiches plus a variety of grab-and-go packaged goods. Some locations also sell fruits and vegetables.

“Here’s the magnitude of the problem right now,” Smartt said. “As a chain, we’re probably averaging 6,500 to 8,000 outs a week from manufacturers,” he said. ‘Outs’ refers to a specific branded product that is out of stock and can’t be delivered that week.

In other words, his chain is having to navigate an environment in which thousands upon thousands of products that they regularly order are in short supply.

This is really happening.

So many of the trends that you have been warned about for years are coming to a crescendo in 2022.

Of course the Biden administration would like you to believe that a wonderful new era of peace and prosperity is just around the corner.

You can believe them if you want.

But I would recommend examining all of the evidence and coming to your own conclusions.  Things just keep getting worse, and at this point it is hard to imagine how anyone can be optimistic about 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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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.

When you get big enough, it can be tempting to believe that you can treat those that you do not like any way that you want.  But if you treat people like garbage long enough, it is going to bite you in the rear end.  Executives at Facebook apparently thought that they could viciously shut down free expression on their various platforms without damaging their financial performance.  Well, they were wrong.  Vast hordes of really good people have been leaving Facebook and Instagram permanently, but for a while growth from overseas was balancing that out.  Now overseas growth is drying up, and the latest numbers the company just released were do disastrous that it caused a violent reaction on Wall Street.  In fact, Facebook just had the single worst day that any company has ever had in the history of the stock market…

The 26.4% wipeout in Meta Platforms, as Facebook’s owner is now known, erased more than $230 billion in market value, easily the biggest one-day loss in history for a U.S. company. The stocks of other social media companies including Twitter and Snap also fell.

Because Meta is valued so highly, a big swing in its stock price can also sink or lift broader market indexes. The S&P 500 fell 2.4%, its biggest drop in nearly a year. The tech-focused Nasdaq composite gave up 3.7%, its biggest loss since September 2020. The Dow Jones Industrial Average, which does not include Meta Platforms, fell 1.5%.

And it wasn’t as if Facebook just squeaked past the old record.

If you can believe it, Facebook actually surpassed the old single day record by more than 50 billion dollars…

Facebook parent Meta lost more than $237 billion in value Thursday. That’s the biggest one-day drop in value in the history of the U.S. stock market.

Meta’s plunge, based on a weaker-than-expected revenue forecast, topped the prior record set by Apple, when it lost $182 billion in market value in September 2020.

Let me try to put this into perspective.

The amount of market value that Facebook lost on Thursday is almost equivalent to the entire value of Disney.

Needless to say, it was a very rough day for Mark Zuckerberg as well.  The value of his fortune declined by over $30,000,000,000…

It’s also a tough day for Meta CEO Mark Zuckerberg, who is by far the company’s largest individual shareholder. Zuckerberg owned more than 398 million Meta shares, or 14.2% of the company’s total outstanding shares, according to an SEC filing from February 2021, the most recent filing available.

As Meta’s share price plummeted Thursday, the value of Zuckerberg’s stake in the company dropped by more than $30 billion.

Could you imagine losing more than 30 billion dollars on a single day?

We are being told that the number of people logging in to Facebook on a daily basis has dropped for the first time ever.

But the truth is that the company has been reporting troubling numbers in North America for a very long time.

Facebook is slowly dying, and now Wall Street is finally starting to wake up to that fact.

Mark Zuckerberg is blaming the decline in users on TikTok and other apps…

‘People have a lot of choices for how they want to spend their time, and apps like TikTok are growing very quickly,’ Zuckerberg said during an earnings call Wednesday, according to the Washington Post.

He actually makes a valid point.

There are millions of things to do on the Internet now.

So why should people spend countless hours on Facebook where they will be banned, shadowbanned, censored or put in “Facebook jail” any time that they dare to utter any opinions that deviate even slightly from the corporate-controlled narratives that we are all being told that we must believe now?

There are tens of millions of people in this country that still remember “freedom of speech”, and those people absolutely hate what Facebook has become.

But instead of learning from their mistakes, Facebook just keeps ramping up the censorship.  In fact, Facebook just banned a group that was organizing a convoy to Washington D.C. that will be similar to the convoy that has made headlines all over the globe up in Canada…

American truckers are following Canada’s lead and organizing a protest against vaccine mandates. The U.S. group’s Facebook page, however, was removed early Wednesday in a move that the organizer called “censorship at its finest.”

The group, titled “Convoy to D.C. 2022,” acted as a place for truckers to plan and coordinate their trek from California to Washington, D.C.

Jeremy Johnson, who set up the Facebook group, said his personal account was also removed, prompting him to contact a civil rights attorney to discuss the next steps.

Why would Facebook do that?

That group was not breaking any laws.

They were not advocating any violence.

There was absolutely no reason to ban that group, but Facebook did it anyway because they don’t like what they represent.

So now even more people will leave Facebook on a permanent basis.

In a desperate attempt to create a positive future for the company, Facebook has been pouring billions of dollars into creating their version of a “metaverse”…

The company’s expenses were skyrocketing as it poured $10 billion in augmented and virtual reality hardware to build its “metaverse.”

Unfortunately for Facebook, so far things in the “metaverse” aren’t going very well…

A woman has said she was virtually ‘gang raped’ in the Metaverse and that new technologies made it feel like real life.

Nina Jane Patel, the vice president of research for a rival metaverse company, claims she was ‘verbally and sexually harassed’ and even ‘virtually gang raped’ by a group of men within 60 seconds of logging into ‘Horizon Venues’, a VR world owned by Meta (formerly Facebook)

As Facebook keeps driving good people away, soon the only customers they will have left are freaks, sickos, perverts, predators and self-entitled political activists that are thrilled that Facebook has gotten rid of all the people that they hate.

Executives at Facebook really are killing the goose that lays the golden egg.  If they would have just left us all alone and would have allowed a reasonable level of free speech on their platforms, they could have raked in giant mountains of cash for ages.

But now they are literally destroying their own company, and it is truly a great tragedy.

In the old days, Facebook was such a wonderful tool for spreading the truth.  But now tools such as Facebook have almost entirely dried up, and so I need your help to spread the truth to as many people as possible.

Prior to the 2016 election, just about every article that I shared would instantly get hundreds of likes and shares on Facebook.  Sadly, those days are long gone.  At this point, Facebook is extremely careful not to let my kind of content go viral.

Facebook thought that they would be able to get away with treating all of us really badly, but now they are reaping what they have sown, and the future of the company appears to be exceedingly bleak.

***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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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.

That sure didn’t last long.  Over the past two years, the U.S. government borrowed and spent trillions of dollars that we did not have, and the Federal Reserve unwisely pumped trillions of fresh dollars into our financial system.  Of course all of that money was going to be a short-term help for the economy, but it was also going to make our long-term problems even worse.  So what did we get in turn for mortgaging our future?  Well, it turns out that we got a few months of economic stability, tremendous inflation, and the worst supply chain crisis in the history of the United States.

And now the economy is slowing down again.

Of course inflation isn’t going anywhere, and so some pundits are suggesting that we are heading for a period of “stagflation” like we experienced under Jimmy Carter in the 1970s.

If only that were true.

Sadly, what we are eventually heading into will be far, far worse than anything that we went through in the 1970s.

But things weren’t supposed to turn in that direction so soon.

The “sugar high” from all the money that was poured into the economy by our leaders was not supposed to wear off so quickly.  But it apparently has, because Wednesday’s ADP report showed that 301,000 private sector jobs were lost during the month of January…

Omicron threw a wrench into America’s economy at the start of 2022: The US private sector lost hundreds of thousands of jobs in January, according to Wednesday’s ADP Employment Report.

The loss of 301,000 private-sector positions came as a surprise to economists who had predicted businesses had added 207,000 jobs. It was also the first decline in the ADP report since December 2020.

Ouch.

And PNC is projecting that Friday’s job report could show a total loss of 400,000 jobs last month…

PNC is possibly the most pessimistic voice on the Street, with a projection that nonfarm payrolls contracted by 400,000 in January, including a 350,000 decline in the private sector.

The losses, Faucher said, “were likely due to a combination of factors,” most of them related to Covid. They include workers either dealing with their own virus infections, or having to take care of sick family members, parents who managed kids who were not being able to go to school, and weaker demand in pandemic-sensitive industries like bars, restaurants and hotels.

Under normal circumstances, this should not be happening.

But it is.

Right now, we are dealing with the most epic labor shortage in our entire history.

There are “help wanted” signs all over the place, and companies all over America are literally hiring anyone with a pulse.

In fact, we just learned that there were almost 11 million vacant jobs in December…

Reflecting a tightening labor market, vacancies rose to 10.92 million, well above the FactSet estimate for 10.28 million and an increase of 1.4% from November. The rate of job openings as a share of the labor force was unchanged at 6.8%.

So we have nearly 11 million vacant jobs, and the number of Americans that are employed is declining?

That is nuts.

Of course the mainstream media will never tell you the truth.  Millions of workers have seemingly “disappeared” from the system, and at this point we don’t even have enough able-bodied workers to do the basic tasks necessary to keep our economy functioning smoothly.

This lack of able-bodied workers is the number one factor behind our horrifying supply chain crisis, but of course you won’t hear this from CNN, MSNBC, ABC, CBS or NBC.

Speaking of CNN, how many sickos and perverts did they actually have working there?

For years they have been lecturing the rest of us about how to live our lives, but it turns out that there was an army of skeletons residing in their own closets.

Getting back to the economy, we now have way too much money chasing way too few goods and services.

This has created a raging inflation crisis, and many American families are feeling severe financial pain.

For example, rental prices increased by as much as 40 percent in some U.S. cities last year…

Rental prices across the country have been rising for months, but lately the increases have been sharper and more widespread, forcing millions of Americans to reassess their living situations.

Average rents rose 14% last year, to $1,877 a month, with cities like Austin, New York and Miami notching increases of as much as 40%, according to real estate firm Redfin. And Americans expect rents will continue to rise – by about 10% this year – according to a report released this month by the Federal Reserve Bank of New York.

Large numbers of people have been forced out of their houses and apartments due to extremely steep rent increases.

And heating costs continue to escalate dramatically as well.  In fact, natural gas futures shot up 16 percent on Wednesday alone…

The latest spike will keep home heating costs for millions of Americans elevated, adding to a long list of inflationary headaches.

Natural gas futures surged 16% Wednesday to close at $5.50 per million British thermal unit (BTU). That’s near the highest level since last November. Natural gas futures have spiked 55% since sinking to $3.56 on December 30.

Of course the price of food continues to rise aggressively as well.

Earlier today my wife went to the store to pick up a few things, and she got into a conversation with the cashier about rising prices.

The cashier told her that it seemed like just about everything was going up in price by about two dollars.  Of course that was a wild exaggeration and not even close to accurate.  But it is certainly true that we are now seeing price increases that can truly be described as “frightening”, and Americans from coast to coast are definitely starting to feel impact.

Meanwhile, the overall economy is really starting to slow down.  At this point, the Atlanta Fed is projecting that the U.S. economy will only grow by 0.1 percent during the first quarter…

The Atlanta Fed’s GDPNow gauge is currently tracking a first-quarter GDP gain of just 0.1%.

“The economy is decelerating and downshifting,” said Joseph LaVorgna, chief economist for the Americas at Natixis and former chief economist for the National Economic Council under then-President Donald Trump. “It’s not a recession, but it will be if the Fed tries to get too aggressive.”

So it appears that “stagflation” is already here.

But like I said, this is just the beginning.

What we have been through so far is just a preview of coming attractions, and the main event is definitely not going to be suitable for anyone with a weak stomach.

***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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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 United States and Russia are on a collision course.  Unfortunately, the guys running the show in both countries are not exactly sane, and they deeply, deeply distrust one another.  So what happens when a bunch of lunatics decide to play a game of chicken with the fate of the entire world at stake?  Unfortunately, it appears that we are about to find out.

When Donald Trump was still in the White House, both the United States and Russia pretty much respected the status quo.  But once Joe Biden took power, things changed dramatically.  Over the past year, the Biden administration has provoked the Russians over and over again, and it became clear that there would be a major effort to add Ukraine to NATO.

The Biden administration assumed that they could push the Russians around without any consequences.

But instead, the Russians sent more than 100,000 troops to the border with Ukraine.  It is the largest Russian military mobilization since World War II, and it is clearly meant as a threat.

The Russians are most definitely threatening to invade Ukraine, and they are assuming that this will motivate the Biden administration and other western leaders to negotiate.

But Biden and other western leaders are not blinking.  They are absolutely determined not to give the Russians anything that they want, even if the requests are reasonable.

What this means is that Biden and other western leaders have decided to call Vladimir Putin’s bluff.

Okay, so what happens if Putin is not bluffing?

On Monday, we witnessed a very angry exchange between the U.S. and Russia during a UN Security Council meeting…

Russia accused the West on Monday of “whipping up tensions” over Ukraine and said the U.S. had brought “pure Nazis” to power in Kyiv as the U.N. Security Council held a stormy and bellicose debate on Moscow’s troop buildup near its southern neighbor.

U.S. Ambassador Linda Thomas-Greenfield shot back that Russia’s growing military force of more than 100,000 troops along Ukraine’s borders was “the largest mobilization” in Europe in decades, adding that there has been a spike in cyberattacks and Russian disinformation.

And then on Tuesday, Putin publicly warned that Russian security concerns are being completely ignored…

‘We are carefully analyzing the written responses received from the United States and NATO,’ Putin said Tuesday during a press conference with Hungary Prime Minister Viktor Orban.

‘But it is already clear that fundamental Russian concerns ended up being ignored,’ he lamented. ‘We did not see adequate consideration of our three key demands regarding the prevention of NATO expansion, the refusal to deploy strike facilities near Russia’s borders, and the return of the bloc’s military infrastructure in Europe to the state in 1997.’

This crisis could be over tomorrow if Biden and other western leaders agreed not to put western missiles in Ukraine and to not admit Ukraine as a member of NATO.

Just like we didn’t want Russian missiles in Cuba in the 1960s, the Russians don’t want NATO missiles in Ukraine now.

Unfortunately, Biden’s foreign policy team has decided that it simply cannot give Russia anything that it wants, and so there will be no deal.

And White House Press Secretary Jen Psaki just compared Putin to a “fox” on top of a henhouse…

White House Press Secretary Jen Psaki slammed Russia for trying to turn the rhetoric around and express they’re worried about a threat coming from Ukraine – especially if it were to join NATO.

‘When the fox is screaming from the top of the henhouse that he’s scared of the chickens, which is essentially what they’re doing, that fear isn’t recorded as a statement of fact,’ Psaki said during her daily briefing Tuesday.

The Biden administration is not taking the Russians seriously.

But they should.

We are now closer to war with Russia than we have been since the Cuban missile crisis of the 1960s, and at this point even a small error could cause a horrifying global conflict to erupt.

With each passing day, even more Russian forces move into the border zone.  For example, we just learned that two more battalions of Spetsnaz soldiers “are being moved to the Belarus-Ukraine border”…

Two battalions of crack Russian Spetsnaz soldiers are being moved to the Belarus-Ukraine border, stoking fears of an imminent invasion on the orders of President Vladimir Putin.

Those commandos will be joining 5,000 Spetsnaz troops that are already there…

They will join another another 5,000 Spetsnaz commandos already in position, according to Western military experts, who warn they could form the spearhead of a much larger force estimated at around 80,000 soldiers, including Russian and Belarus regulars.

Unlike the “woke” special forces in the United States, Spetsnaz forces are incredibly good at what they do.

Not too many that have gotten into a firefight with them have lived to tell about it.

We have also learned that Russia and Belarus will be conducting “major war games” in the border region in the middle of this month…

Major war games will then be conducted from February 10 and will see Russian and Belarusian units engage in a 10-day simulation of the ‘interception and suppression of foreign military aggression and counter-terrorism operations’ in what Shoygu dubbed ‘The Allied Resolve of 2022’.

Shoygu did not specify how many troops would take part in the war games, but Thomas-Greenfield said the U.S. believes Russia will post up to 30,000 troops in Belarus by early February.

It appears that the Biden administration is dead set against any sort of a deal with the Russians, and so now Putin has a decision to make.

Will he be the sane one and back down?

Meanwhile, we are being told that Iran is just “weeks” away from having enough fissile material for a nuclear bomb…

In the long list of foreign crises between which President Biden and his administration are bouncing, Iran has not gotten as much play in recent weeks in light of the deteriorating situation in Europe between Russian forces and the people of Ukraine. But according to a senior State Department official, Iran is continuing to move along with its nuclear ambitions and is now “weeks, not months” away from having enough fissile material for a nuclear bomb.

One way or another, a war between Israel and Iran is going to begin.

And once that war erupts, the Middle East will never be the same again.

We are right on the precipice of so many military conflicts that we have been warned about for years.

If global leaders were sane, they would be working as hard as they can to try to prevent World War III from happening.

Unfortunately, sanity is in very short supply among global leaders these days, and every man, woman and child on the entire planet will suffer 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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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 am going to try to make as much noise about this crisis as I can, because we have never faced anything like this in modern times.  Global fertilizer prices have tripled, and we are being warned that this is going to have a catastrophic impact on food production all over the world.  On Monday, an article that I wrote about this went viral all over the Internet.  On Zero Hedge alone, my article has been viewed more than a quarter of a million times.  The reason why the article is so popular is because the corporate media in the United States is largely ignoring this story.  But it should be front page news all over the country, because this is going to affect every man, woman and child on the entire planet.

Some experts did warn us about this in advance.  For example, a European CEO told the media the following all the way back in November…

“I want to say this loud and clear right now, that we risk a very low crop in the next harvest,” said Svein Tore Holsether, the CEO and president of the Oslo-based company. “I’m afraid we’re going to have a food crisis.”

Holsether says that a food crisis is coming because the cost to produce a ton of ammonia has gotten nearly ten times higher…

In Europe, the natural-gas benchmark hit an all-time high in September, with the price more than tripling from June to October alone. Yara is a major producer of ammonia, a key ingredient in synthetic fertilizer, which increases crop yields. The process of creating ammonia currently relies on hydropower or natural gas.

“To produce a ton of ammonia last summer was $110,” said Holsether. “And now it’s $1,000. So it’s just incredible.”

In order to fix this, we need to solve the global energy crisis.

Unfortunately, as I have been repeatedly warning my readers, the global energy crisis is only going to get worse.

So we have a really, really big mess on our hands.

In Africa, many farmers are not going to be able to afford fertilizer at all this year, and it is being projected that this will reduce production by enough “to feed 100 million people”…

With prices tripling over the past 18 months, many farmers are considering whether to forgo purchases of fertilizers this year. That leaves a market long touted for its growth potential set to shrink by almost a third, according to Sebastian Nduva, program manager at researcher group AfricaFertilizer.Org.

That could potentially curb cereals output by 30 million tons, enough to feed 100 million people, he said.

To make sure that their people won’t starve, African governments will need to import massive amounts of food from elsewhere…

“We are likely to see a scenario where yields are depressed and this will mean that either the government will have to readjust their budgets and import food or there will be food shortages,” Nduva said.

But agricultural production is going to be way down all over the globe.

So almost everyone is going to be looking to import food, and there won’t be a lot of exporters.

Many of you may not realize this, but the food crisis has already become quite severe in some parts of Africa…

Food scarcity is already reaching desperate levels in many regions. On Wednesday, Frédérica Andriamanantena, the World Food Program’s Madagascar program manager, appeared on a COP26 panel to describe the severity of the country’s drought and resulting famine. Andriamanantena, who is from Madagascar, said drought had this year reduced the harvest to one-third of the average of the past five years. Where families had once had comfortable meals, children are now subsisting on foraged plants and cactus leaves.

How would you feel if your own children were eating plants and leaves just to survive?

Of course this is just the beginning.  As I have warned for a very long time, we will soon get to a point where there is not nearly enough food for everybody.

What are we going to do then?

And if Russia and Ukraine go to war, that will take this crisis to a completely different level very rapidly…

A major casualty could be even higher food prices. Ukraine and Russia together are heavyweights in global wheat, corn and sunflower oil trade, leaving buyers from Asia to Africa and the Middle East vulnerable to more expensive bread and meat if supplies are disrupted. That would add to food-commodity costs that are already the highest in a decade.

Markets may be remembering what happened in 2014, when Russia annexed Crimea and wheat prices jumped even though shipments weren’t substantially affected. Russia and Ukraine’s share of world exports has increased since, with nations like Egypt and Turkey reliant on the Black Sea breadbasket.

But even without war, global food prices just keep going higher and higher and higher.

In fact, global grain prices have risen approximately 70 percent just since the middle of 2020…

Food inflation in the OECD hit 5.5% in November, the highest reading since 2009, data published by the Paris-based organization show.

Grain prices have jumped roughly 70% since mid-2020 as bad weather curbed harvests, China scooped up supplies and a fertilizer crunch added to farmers’ costs.

Sadly, most people don’t even realize that this is happening, because the mainstream media is not really talking about it.

Eventually, however, everyone will be talking about this crisis because it is going to be a really, really big deal.

There is no way out, and global food supplies are going to get tighter and tighter.

I would act on this information while you still can.  Unfortunately, the vast majority of the population is going to be absolutely blindsided by what is coming.

***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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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.

It is becoming clear that we are in far more trouble than we are being told.  In recent months, all forms of traditional energy have become significantly more expensive, and this is fueling price increases all over the planet.  This new global energy crisis is directly responsible for the astounding rise in fertilizer prices, it has resulted in a tremendous amount of pain at the pump for millions of average Americans, and since virtually everything that we buy has to be transported it is a major contributing factor to the “inflation boom” that we are currently witnessing.  Unfortunately, this is just the beginning.

I was recently contacted by a geologist that worked in the oil industry for more than a decade.

He patiently explained to me why things aren’t going to be getting any better.

I asked him if I could share some of what he sent to me with all of you, and he agreed.  After reading this, I think that you will agree that it is quite a sobering assessment of the current state of affairs…

I am a geologist who has worked in the oil industry for over ten years. I was just coming out of school in time for the shale revolution and worked in Denver on the Bakken play in North Dakota, and then I worked the Permian out of Midland. These were the two major shale plays, so I have firsthand knowledge. I now teach environmental science for high-schoolers in Amman, Jordan.

Anyway, back in 2015 I was starting to see reports coming out from analysts that the shale industry would run out of new places to drill shale oil wells in the Permian in 2021. These reports weren’t telling me anything new, just giving me a likely date. You see, shale drilling is drilling in poor rock quality. Prior to shale, we didn’t have to frac wells because the rock quality was great, but we drilled all that good rock up. So, it is really scraping the bottom of the barrel now and way back then, there was a recognition that it wouldn’t last forever. Oil is a limited resource. For a time, it was barely economic to drill shale wells because the margins of drilling in such poor rock was slightly better than what you could make on interest due to quantitative easing policy. Most of the shale companies however, were simply Ponzi schemes and the shale industry lost billions as a whole. But the result of this loss of capital was record production. Needless to say, Wall Street figured it out eventually that they were not making money and so the industry has been capital starved. That is one problem, the other is that there really aren’t many more drilling locations. All the good places have been drilled up which is why you don’t see a rush of shale companies returning to drilling even though oil prices are rising fast. This lack of investment will continue to push oil prices higher.

So much of America’s oil production now comes from shale wells. The problem with shale wells is that the oil production declines much faster than wells drilled in what we call “conventional” rock. Conventional oil production has been on the decline for a long time and shale as helped make up for production. The problem is, that now that drilling new wells slows, the rate of decline in oil production will be much steeper. Around the world, many countries that have not invested in shale (because it is sub-economic) have had their conventional resources continue to decline. Venezuela was a major oil exporter, so were Columbia and Mexico. Expect Saudi Arabia to not be far behind. They have been lying for years about just how much oil they really have left.

As you keep pointing out, add wars or natural disasters to this and we are in really big trouble. Oil is the number one resource upon which the entire global economy is built. High oil prices lead directly to bread riots and collapse of governments (think the Arab Spring). Politicians need cheap oil but we won’t be seeing it again. Some people in the industry keep thinking new technology will save us and help us develop new oil plays. They couldn’t be more wrong. The technology for frac’ing was first developed in the 60’s. I can tell you that there is no new technology being developed right now in the oil industry that will save us. Physics and geology are against us on this one, even if we could develop some technology. Wind & solar won’t save us either, it would require a larger investment of materials and energy than we have.

There is no way we are getting out of this.

What this means is that you are going to be paying much more to heat your homes.

And it means that you are also going to be paying much more to fill up your vehicle at the gas station.

Needless to say, you will be paying a lot more for food too.

In fact, food prices are already starting to go bananas.  Last week, Kraft Heinz announced that it will soon be raising prices on many of their most popular products by as much as 30 percent…

Kraft Heinz (KHC) said in a recent letter to its customers that it will raise prices in March on dozens of products, including Oscar Mayer cold cuts, hot dogs, sausages, bacon, Velveeta cheese, Maxwell House coffee, TGIF frozen chicken wings, Kool-Aid and Capri Sun drinks.

The increases range from 6.6% on 12oz Velveeta Fresh Packs to 30% on a three-pack of Oscar Mayer turkey bacon. Most cold cuts and beef hot dogs will go up around 10% and coffee around 5%. Some Kool-Aid and Capri Sun drink packs will increase by about 20%.

Of course Kraft Heinz is definitely not alone.

As our colleagues over at Zero Hedge have aptly pointed out, other major food companies will soon be jacking up prices as well…

Kraft Heinz is just the latest consumer manufacturer to announce plans to boost prices early in the year. Last week, P&G said that it would raise prices on Tide and Gain laundry detergents, Downy fabric softener and Bounce dryer sheets by an average of about 8% in February. Conagra, which makes such brands as Slim Jim, Marie Callender’s and Birds Eye, has said it plans to raise prices later this year.

For a long time, I have been specifically warning that food prices would go completely nuts, and now it is starting to happen right in front of our eyes.

And according to a new Gallup survey that was just released, a whopping 79 percent of all Americans expect even more inflation in the months ahead…

Gallup highlighted that the 79% surveyed in their Jan. 3-16 poll, who said they expected inflation to rise, was the highest they’ve measured in the two decades they’ve been asking the question.

“In the past, Americans have always been more likely to say inflation will increase rather than decrease, but the current expectation is higher than usual — in fact, it is the highest Gallup has measured in its trend,” the polling organization wrote in its release.

The “experts” at the Federal Reserve thought that they could absolutely flood our financial system with money without any severe consequences.

Similarly, our politicians in Washington thought that they could borrow and spend trillions upon trillions of dollars without wrecking our currency.

They were both wrong, and now the American people are going to be absolutely shocked by the level of economic pain that we will soon be enduring.

***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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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.

They just have to suffocate anything that smells like freedom, don’t they?  After alienating and persecuting so many other groups of Americans, now the Biden administration is coming after cryptocurrency owners.  Biden administration officials are promising to bring “coherency” to the industry, but just like everything else that they touch it is far more likely that they are going to ruin the industry.  One of the positive things about the cryptocurrency industry has been how relatively free from regulation it has been all these years, but now Biden and his minions are absolutely determined to change that.  In fact, Bloomberg has reported that Biden is going to issue a cryptocurrency executive order as soon as next month…

The Biden administration is readying an executive order for release as early as next month that will outline a comprehensive government strategy on cryptocurrencies and ask federal agencies to determine their risks and opportunities, Bloomberg reported on Friday, citing unnamed sources.

Barron’s has also had a White House source tell them that this executive order is on the way…

The Biden administration is preparing to release an executive action that will task federal agencies with regulating digital assets such as Bitcoin and other cryptocurrencies as a matter of national security, a person familiar with the White House’s plan tells Barron’s.

If you actively trade cryptocurrencies, it is officially time to starting freaking out, because this could change everything.

We are being told that the Biden administration intends to impose a “cohesive regulatory framework” for the sake of “national security”…

The order is set to come under the umbrella of national security efforts as the administration seeks to analyze cryptocurrencies and employ a cohesive regulatory framework that would cover Bitcoin, cryptocurrencies, stablecoins, and NFTs, Barron’s reported Thursday.

Are you kidding me?

The cryptocurrency industry doesn’t pose any sort of a threat to “national security”.

But it does pose a threat to the U.S. dollar.

And it is very interesting to note that we learned about this executive order one day after the Federal Reserve released a paper discussing the possibility of creating a “central bank digital currency” for the United States…

The news about the executive order emerged a day after the Federal Reserve Board (FRB) released a discussion paper that explores the pros and cons of creating a central bank digital currency (CBDC) for the U.S., which seeks public comment through May 20, 2022. The White House apparently is looking to seize the initiative, taking a central role in setting U.S. government policy on cryptocurrencies.

Could this be the real motive for the coming crackdown?

Do they want to completely neuter the competition so that everyone will use the coming “central bank digital currency” instead?

We are being told that “senior officials” in the administration have already held “multiple meetings” about the new regulatory framework that will soon be imposed.

And we are being told that “the State Department, Treasury Department, National Economic Council, and Council of Economic Advisers, as well as the White House National Security Council” will all be involved in regulating cryptos.

This is really going to happen, and so I urge you to act accordingly.

And apparently this is just the start.  Because digital assets are owned all over the globe, the Biden administration intends “to work with other countries on synchronization” so that no crypto owner can escape their rules…

“This is designed to look holistically at digital assets and develop a set of policies that give coherency to what the government is trying to do in this space,” a person familiar with the White House’s plan told Barron’s. “Because digital assets don’t stay in one country, it’s necessary to work with other countries on synchronization.”

Once Biden got into the White House, it was probably inevitable that this sort of thing was going to happen.

They hate the fact that the crypto industry has thrived outside of their tightly controlled system, and so now they intend to bring it fully under their dominion.

In fact, a major step has already been taken.  Back in November, most crypto owners didn’t even realize that the signing of the “Infrastructure Investment and Jobs Act” was going to change things for them so dramatically…

Before U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law in November, many groups spoke out against a provision that broadens the tax code’s definition of “broker.” But there is another hidden cryptocurrency provision in this new law that amends part of the tax code in a way that will greatly expand financial surveillance, criminalize certain cryptocurrency transactions and, in my view, violate the Fourth Amendment of the U.S. Constitution.

This provision alters Section 6050i of the tax code, which requires businesses that receive more than $10,000 in cash to collect identity details of the person paying in cash and report the transaction to the government. Failure to comply can be a felony punishable by up to five years in prison. The Infrastructure Investment and Jobs Act expanded 6050i to include anyone who, in the course of conducting business, receives over $10,000 in digital assets.

If you actively trade cryptos, you should read those two paragraphs again.

Because you really don’t want to end up committing a felony “punishable by up to five years in prison”.

Ultimately, millions of crypto owners are not going to understand these new rules, and they are going to be an enormous hassle to try to comply with…

Currently, the U.S. government collects information from cryptocurrency exchanges and other institutions that serve as the on-ramps and off-ramps where people buy, sell, exchange and store cryptocurrency. The updated law will impose reporting requirements on many other participants in the cryptocurrency ecosystem – from developers to traders to miners to end users. These participants will be required to collect sensitive identity details of counterparties, securely handle that sensitive information and turn it over to the government – or potentially face criminal penalties.

Nobody can deny that the crypto industry is headed for big trouble.

Each new regulation they impose will suffocate the industry a little bit more, and it won’t be too long before the stage will be perfectly set for the introduction of “Fedcoin”.

This should deeply anger all of us, but most Americans are so dazed and confused that they don’t even care that our freedoms are eroding a little bit more with each passing day.

***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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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.

This was supposed to be the year that things “got back to normal”, but here we are at the end of January and things have only gotten worse.  As we move forward into February and beyond, there are two key global shortages that we are going to want to keep a very close eye on.  One of them is the rapidly growing fertilizer shortage.  A few days ago, the Wall Street Journal ominously warned that “high fertilizer prices are weighing on farmers across the developing world”…

From South America’s avocado, corn and coffee farms to Southeast Asia’s plantations of coconuts and oil palms, high fertilizer prices are weighing on farmers across the developing world, making it much costlier to cultivate and forcing many to cut back on production.

That means grocery bills could go up even more in 2022, following a year in which global food prices rose to decade highs. An uptick would exacerbate hunger—already acute in some parts of the world because of pandemic-linked job losses—and thwart efforts by politicians and central bankers to subdue inflation.

According to the International Fertilizer Development Center, exceedingly high fertilizer prices could result in a reduction of agricultural output in Africa alone “equivalent to the food needs of 100 million people”.

So this is a really, really big deal.

And this crisis is going to deeply affect us here in the United States too.  The following comes from a recent piece authored by U.S. Senator Roger Marshall…

It’s no secret farmers are faced with a fertilizer crisis. Prices for phosphorus-based and potassium-based (potash) fertilizers have more than doubled in Kansas while Nitrogen-based fertilizers have more than quadrupled. Fertilizer is vital to feeding not only the country, but the world. It contains essential nutrients for plant life, and without it, American agricultural yields will quickly suffer as well as food prices in local grocery stores.

As I discussed the other day, these crazy prices for fertilizer are going to make it impossible for many U.S. farmers to profitably plant crops this year.

That means that a lot less food is going to be grown.

On the other side of the world, the North Korean government is asking their citizens to start creating “homemade” fertilizer from their own waste…

State-run media has also been encouraging people to make “homemade” manure, The Daily Beast reported. A source in North Hamgyong Province told Daily NK that residents had started “producing fertilizer from human waste” after authorities launched a 10-day drive to increase production.

Perhaps U.S. citizens should give this a try, because a lot of us are certainly full of crap.

The other major shortage that I want to highlight in this article is the ongoing computer chip shortage.

According to a report that was just put out by the Department of Commerce, chip inventories around the nation have become dangerously thin…

Today, the U.S. Department of Commerce released the results from the Risks in the Semiconductor Supply Chain Request for Information (RFI) issued in Sept. 2021. Key findings from the report provided data-driven information about the depths of the semiconductor shortage and underscored the need for the President’s proposed $52 billion in domestic semiconductor production.

The RFI showed that median inventory held by chips consumers (including automakers or medical device manufacturers, as examples) has fallen from 40 days in 2019 to less than 5 days in 2021. If a COVID outbreak, a natural disaster, or political instability disrupts a foreign semiconductor facility for even just a few weeks, it has the potential to shut down a manufacturing facility in the U.S., putting American workers and their families at risk.

At this point, computer chips used to produce automobiles and medical devices are particularly in short supply.

In a blog post, Commerce Secretary Gina Raimando explained that a lack of chips resulted in “$210 billion in lost revenue” for automakers in 2021…

“In 2021, auto prices drove one-third of all inflation, primarily because we don’t have enough chips,” Raimando wrote in her blogpost. “Automakers produced nearly 8 million fewer cars last year than expected, which some analysts believe resulted in more than $210 billion in lost revenue.”

If there is additional disruption to chip production this year, 2022 could easily be even worse.

Many may wonder why we just don’t plop down a bunch of factories and start pumping out more chips.

Unfortunately, it isn’t that easy.  Chip factories take a very long time to build, and we are being warned that it could take “until 2023” before things return to normal…

But industry executives aren’t optimistic that the funding would help alleviate the crisis, the Washington Post reported. They argued federal funding could help build up the long-term supply of chips but wouldn’t help in the short term because chip factories take years to build.

Chip consumers that were surveyed by the department similarly estimated that shortages wouldn’t go away in the next six months, and some suggested it could take until 2023.

We should have never become so dependent on chip production in Asia.

Today, Taiwan accounts for a whopping 63 percent of all computer chip production in the world…

The majority of chip factories are currently based in Asia, which houses about 87% of the market share of semiconductor factories (with Taiwan alone accounting for some 63%), separate industry data indicates. The political climate in the region, and tensions between Taiwan and China, has come under renewed scrutiny as the shortage has exposed how much U.S. industry relies on these sources.

So what is going to happen to our economy if China invades Taiwan and our main supply of computer chips gets completely cut off?

I have been warning for years that military conflict with China is coming, and now we are closer than ever.

What is our economy going to look like if a Chinese invasion of Taiwan this year instantly puts us into a state of war with the Chinese?

How in the world will we even be able to function as a society?

You might want to start thinking about such questions, because what was once “unimaginable” threatens to become reality in 2022.

***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.  During this season, I would like to encourage you to send digital copies of my new book to your family and friends as gifts.  That will help to support the work that I am doing, and it will help to multiply the impact of the book.  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.