Now We Are Being Warned That A “Recession” Could Be Coming During The “Dark Winter” That Is Ahead

We are just coming out of “the COVID recession”, and now we are being told that another recession could be just around the corner.  Thanks to overly harsh pandemic restrictions, widespread shortages and millions of workers that appear to have disappeared from the system somehow, economic activity is slowing down once again.  We just learned that U.S. industrial production has fallen for a second month in a row, and the production of motor vehicles and parts is falling at a pace that is extremely alarming.  After adding trillions upon trillions of dollars to the national debt, all our politicians were able to buy us was a short-term economic sugar high and rampant inflation.  I hope that you enjoyed the sugar high while you could, because the months ahead are looking rather bleak indeed.

You may have noticed that officials are starting to use the term “dark winter” again.  Here is one example

The nation’s top infectious disease expert, Dr. Anthony Fauci, says the U.S. could be facing another “dark winter,” though this can be avoided if Americans get vaccinated to a “very high degree” in the coming months.

And as we head toward the winter months, the word “recession” is increasingly starting to pop up in the mainstream media.

In fact, one prominent economist made headlines when he warned that he believes that the U.S. has already entered a new recession

America has already slipped into a recession that could be as bad as the 2008 financial meltdown according to key consumer data, a Dartmouth College professor has warned.

David Blanchflower, of Dartmouth, and Alex Bryson, of University College London, say that every slump since the 1980s has been foreshadowed by 10-point drops in consumer indices from the Conference Board and University of Michigan.

Unfortunately, we already surpassed both of those benchmarks long ago.  At this point, the declines are of a similar magnitude to what we witnessed just before the financial crisis of 2008

The Conference Board has measured a 25.3-point drop in 2021, while UM has recorded an 18.4-point slump. This compares to a 19-point and a 21-point dip for the indices respectively ahead of the 2008 global financial crash.

That doesn’t mean that another recession is guaranteed.

Our politicians in Washington could borrow and spend several trillion more dollars, and that would likely buy us a little bit more time.

But right now the immediate future does not look good, and most Americans are clearly not prepared for any sort of a major downturn…

As the new recession dawns, many Americans are not prepared to weather bad economic stagnation. As of late last year, nearly two-thirds of families lived paycheck to paycheck, and more than half have less than three months’ worth of savings. A quarter have effectively none at all.

Are you prepared for economic pain in 2022?

I hope so.

Even now, economic conditions continue to deteriorate and shortages continue to get worse all over the nation.

The following is what one local NBC News reporter found during surprise visits to some local retailers

News4Jax visited Target and Publix in the San Jose area. Typically where shoppers can find snacks, canned goods, and pet food, the shelves were bare and nearly empty.

In Target, fruit snacks were limited, protein bars were nearly gone too, and Lunchables were low in stock.

We saw the least amount of available frozen foods at Publix and snack foods like beef jerky were running low.

Auto parts are in really short supply too.

If you need to get a vehicle fixed, I would do it now, because things are really starting to get crazy out there.

In some cases, consumers are having to wait weeks just for one part to come in…

The challenge of finding spare parts as mundane as oil filters or carpeting has forced repair shops to hoard inventory, find workarounds and plead with customers for patience until a shipment comes in. Typical delays of a day or two have stretched into weeks in some cases, shop owners say.

I have heard from a number of industry insiders in recent weeks, and one theme that I keep hearing is that our supply chains were under a great deal of stress even before the pandemic came along.

Now we are witnessing epic supply chain breakdowns all over the globe, and there aren’t going to be any easy fixes.

In fact, Moody’s Analytics is ominously warning us that things “will get worse before they get better”

Computer chip shortages. Epic port congestion. And a serious lack of truck drivers. The world’s delicate supply chains are under extreme stress.

The supply chain nightmare is jacking up prices for consumers and slowing the global economic recovery. Unfortunately, Moody’s Analytics warns supply chain disruptions “will get worse before they get better.”

When I used to warn my readers that “the system is failing”, a lot of people thought that I was just being overly dramatic.

But I wasn’t being overly dramatic at all.  On a very basic level, our economic infrastructure is failing us, and the politicians that are now running the show are utterly clueless.

The empty suits in Washington can continue to throw giant mountains of money at our problems, but that isn’t going to make them go away.  At best, it will just give us a few more months when people have money in their pockets to spend.

It took decades for America to reach this stage, and a day of reckoning is fast approaching.

Just today, I received an email from an industry insider that warned that 2022 could be “unthinkable” if our supply chain problems are not properly addressed.

So I would very much encourage you to stock up now while you still can, because the coming “dark winter” could potentially lead into an entire year that will be filled with economic nightmares.

***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 BlogEnd 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.

Goodbye Middle Class: 50 Percent Of All U.S. Workers Made $34,612.04 Or Less Last Year

If we keep going down this path, soon we won’t have much of a “middle class” at all.  When I first started writing about the economy many years ago, I often wrote about the tens of millions of “working poor” Americans that were enduring so many hardships.  But at this point most of the nation now falls into the “working poor” category.  That isn’t because wages haven’t been going up.  Little by little, wages have been incrementally rising year after year, but meanwhile the cost of living has been absolutely soaring.  Paychecks have not even come close to keeping up with inflation, and this has been eviscerating the middle class.  Today, the majority of the country is in constant “survival mode” financially, and that isn’t going to change any time soon.

When I was growing up, retailers that catered to the middle class did exceptionally well.  My mother was constantly taking me and my siblings to JCPenney and Sears, and it seemed like that was where virtually everyone shopped.

But now such retailers are rapidly going extinct.  Today, the retailers that are doing well are those that cater to the very bottom of the economic food chain (Walmart, dollar stores, etc.) or those that cater to the very top of the economic food chain.

And that is because there isn’t much in between those two extremes anymore.

The Social Security Administration has just released final wage statistics for 2020, and they are extremely alarming.  According to the figures that they have given to us, the median wage for 2020 was just $34,612.04

By definition, 50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $34,612.04 for 2020.

It is really depressing to think that half of all U.S. workers made $34,612.04 or less last year.

That is less than $3,000 a month, and that is before taxes.

Needless to say, trying to survive in a major U.S. city on that kind of income is not easy in today’s economic environment.

Of course $34,612.04 would have been a very nice yearly income back in 1960, because back then the cost of living was much lower.  The following comes from an article authored by MN Gordon

In 1960, for example, a gallon of gas cost $0.31 per gallon. Similarly, in 1960 a gallon of milk cost $1.00 per gallon. Currently, the average price of gas and the average price of milk are $3.28 per gallon and $3.68 per gallon, respectively. That’s upwards of a 958 percent increase for gas and 268 percent increase for milk over the last 60 years.

Back in 1960, you could buy an entire house in a nice middle class neighborhood for $34,612.04.

Today, that would barely be a down payment on a dilapidated shack in many parts of the country.

In recent weeks, I have frequently pointed out that there are millions of jobs available in the U.S. right now.

But the vast majority of them are highly undesirable because they pay “working poor” wages.

So many people out there are working as hard as they can and they still can’t make ends meet.  In fact, one recent poll discovered that 59 percent of Americans that make less than $50,000 a year have experienced “serious financial problems in the past few months”…

The poll showed a sharp income divide, with 59% of those with annual incomes below $50,000 reporting serious financial problems in the past few months, compared with 18% of households with annual incomes of $50,000 or more.

As I have discussed so many times over the years, we have gotten to a point where most of the population is living paycheck to paycheck.

And when you are living paycheck to paycheck, all it takes is one bad break to push you into financial distress.

Sadly, things are going to get even worse for ordinary Americans in the coming months because inflation continues to rise very aggressively

Inflation accelerated in September, with consumer price pressures across America showing no sign of easing ahead of the all-important holiday shopping season.

Consumer prices increased 5.4% from the year-ago period, slightly faster than their 5.3% increase the previous month and on par with the increases in June and July.

Needless to say, those numbers actually greatly understate what we are facing, because the way inflation is calculated by the government has changed dozens of times over the years.

As I am constantly reminding my readers, if inflation was still calculated the way that it was back in 1980, it would already be well into double digit territory.

In other words, the sort of inflation that we faced during the Jimmy Carter era is already here.

And CNN just admitted that prices “aren’t coming back to earth anytime soon”.

If prices continue to rise much faster than paychecks do, the middle class will just keep getting smaller and smaller and smaller.

Sadly, politicians seem determined to hasten the demise of the middle class by pushing millions more Americans out of decent paying jobs in the months ahead.  But in the process, they will also be creating critical staff shortages.  For example, just consider what just happened at a hospital in Lewiston, Maine

The administrators of Central Maine Healthcare in Lewiston, Maine, enacted a vax policy demanding all employees to take the vaccine. But more than 250 employees refused to comply before the deadline. These employees were subsequently fired.

Unfortunately for patients, about 170 of those employees were needed to staff the intensive care unit. Consequently, the hospital had to shut down its ICU because of the firings.

Because it lost so many employees, the hospital plans on cutting intensive care beds by 50% and reducing the number of medical surgical beds by 40%, the Bangor Daily News reported.

Isn’t that nuts?

Of course the same type of scenario is playing out at hospital after hospital all over the country right now.

And you can’t just hire random people off the streets to be doctors and nurses, because it takes many years of training to become a doctor or a nurse.

So let us hope that we don’t have to deal with any sort of a major health crisis this winter, because our medical system would become overwhelmed very rapidly.

These are such ominous times for our economy, and these are such ominous times for our nation as a whole.

In the months ahead, there will be more inflation, more shortages, and more questionable decisions by our leaders.

Events are truly beginning to spiral out of control, and America will never be quite the same ever again.

***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 BlogEnd 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.

Beef Will Now Be A “Luxury Product”, And Cheap Chicken Dinners “Are Coming To An End”

The “reset economy” is coming, and it isn’t going to be very pleasant.  Rather than viewing the economic chaos caused by the pandemic as a negative thing, many among the worldwide elite consider it to be a golden opportunity to fundamentally transform the global economy according to their values.  As they radically reshape our economic system, one of their primary goals will be to make any products that are “bad for the environment” cost a lot more.  In other words, behaviors that produce a lot of carbon emissions must be punished.  That is particularly bad news for those that love to eat a lot of meat, because the production of meat is considered to be particularly “harmful” for the environment.

In recent months, you may have noticed that the price of meat has already been rising quite aggressively.  This fits very well with what they are trying to do, because they want people to start eating a lot less of it.

In fact, one prominent CEO was recently quoted as saying that beef is going to be “a luxury product” from now on…

“Beef is not going to be super climate friendly,” Danish Crown Chief Executive Officer Jais Valeur said in an interview with Danish newspaper Berlingske. “It will be a luxury product that we eat when we want to treat ourselves.”

Valeur said pork would be a more climate-friendly protein. Danish Crown is one of Europe’s largest pork producers, although it is also a player in the beef market.

So if you are accustomed to eating beef on a regular basis, I guess you are just going to be out of luck.

Of course they will offer lots of “burgers” and “steaks” made out of microalgae or bugs that you can try instead.

I am afraid that chicken is on the chopping block too.  The head of the biggest chicken producer in the UK just warned that the days of cheap chicken dinners “are coming to an end”

Britain’s biggest chicken producer said that the country’s 20-year cheap food binge is ending and food price inflation could hit double digits.

“The days when you could feed a family of four with a 3 pound ($4) chicken are coming to an end,” Ranjit Singh Boparan, owner of the 2 Sisters Group, said.

But don’t worry, they are working really hard to develop some squishy plant-based “chicken alternatives” that will surely have your mouth watering.

These new “alternatives” won’t be cheap either, but the truth is that the price of just about everything is spiking these days.  Just check out these numbers from a local CBS News report

The price increases have hit certain industries particularly hard over the last year. Used car prices are up about 24 percent. The cost of meat has gone up 12 percent in 12 months. Home heating oil is up an estimated 43 percent. Another area on the top of many commuters’ minds: gas prices, which have risen by more than $1 a gallon.

As I discussed yesterday, heating bills are going to put a lot of financial stress on millions of American families this winter.

Unfortunately, a lot of people still aren’t taking this new global energy crisis seriously enough.  The truth is that this is a really, really big deal.  If you doubt this, just take a look at what is already happening in India and China

Meanwhile, Coal India, the world’s biggest coal miner, said it had temporarily stopped supplying non-power users as India battles one of its worst ever power supply deficits.

China’s power crisis, caused by shortages of coal, high fuel prices and booming post-pandemic industrial demand has halted production, including at factories supplying big brands such as Apple.

Needless to say, a global energy crisis will be a perfect opportunity for the global elite to push their “green energy solutions” on all of us.

In order for most people to be willing to accept a radical “solution” they often need to be faced with a major problem first, and the global elite understand this very well.

Speaking of major problems, the global supply chain crisis just continues to get worse, and one prominent executive is now warning that it could “last well into 2022”

Dutch navigation and digital mapping company TomTom warned that supply chain problems in the auto sector could last well into 2022.

“Collectively we have underestimated how big the supply chain issues, and especially for semiconductor shortages, have been or have become”, TomTom Chief Financial Officer Taco Titulaer told Reuters.

That is certainly bad news, and it looks like I will definitely have a lot to write about in the months ahead.

Sadly, it appears that the Biden administration is not approaching these issues with the seriousness that they deserve.  In fact, White House chief of staff Ron Klain seems to think that they are just “high class problems”

White House chief of staff Ron Klain endorsed former Obama administration economist Jason Furman’s claim that the country’s inflation, supply chain, and other economic problems only affect a small part of the U.S. population.

Furman, the chairman of former President Barack Obama’s Council of Economic Advisers and an economics professor at Harvard University, tweeted Wednesday night that “most of the economic problems we’re facing … are high class problems.”

Really?

Are empty shelves all across America a high class problem?

Are soaring heating bills a high class problem?

As I discussed yesterday, nearly 40 percent of all U.S. households “have faced serious financial problems” within the last few months.

Is that a high class problem too?

The truth is that the stage is set for a global economic nightmare of epic proportions, and what we have experienced so far is just the tip of the iceberg.

But like I said, the global elite don’t fear the changes that are happening.  In fact, they intend to engineer even more change.

Many of them truly believe that human activity must be very tightly constrained for the good of the planet, and so they envision a future in which our behaviors are very closely monitored, tracked and controlled.

So it may not be too long before highly advanced meters independently control the temperature levels in your home, you are not allowed to purchase certain products you used to buy because they are “bad for the environment”, and your food is made out of some of the most disgusting things imaginable.

Many would consider such a society to be a “utopia”, but it sounds like an endless dystopian nightmare to me.

***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 BlogEnd 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.

As The Global Energy Crisis Explodes, They Are Warning That Heating Bills Will Be Extremely Painful This Winter

Whether you like it or not, a major global energy crisis is here, and it is going to hit all of us right in the wallet.  Today, markets for energy are truly global, and that means that price spikes in one part of the planet will inevitably filter elsewhere.  For example, a lot of natural gas that is produced in the United States is now heading for Europe, and that is pushing up prices here.  As energy supplies get tighter and tighter, power bills are going to go higher and higher.  In fact, the U.S. government is now warning American citizens to expect heating bills to rise more than 50 percent this winter.  Needless to say, a lot of families out there simply cannot afford that.

For a while, the mainstream media was trying to deny what was happening, but now they are openly using the term “energy crisis” to describe what we are facing.  Here is one example

Far from emerging from the COVID shock awash with fuel, as might be expected after an economic slowdown, the world is entering a new energy crisis the like of which hasn’t been seen since the 1970s.

European and Asian gas prices are at an all-time high, the oil price is at a three-year high, and the price of coal is soaring on the back of energy shortages across China, India and Germany.

Global demand for energy is only going to increase in the months ahead.  Summer just ended a few weeks ago, and the middle of winter is still months away.

So if you think that things are bad now, just wait until we get into early 2022.

At this point, even CNN is admitting the truth

Astronomical increases in natural gas prices. Skyrocketing coal costs. Predictions of $100 oil.

A global energy crunch caused by weather and a resurgence in demand is getting worse, stirring alarm ahead of the winter, when more energy is needed to light and heat homes. Governments around the world are trying to limit the impact on consumers, but acknowledge they may not be able to prevent bills spiking.

So exactly what kind of “spiking” are we talking about?

Well, this week the federal government announced that it is now projecting that heating bills for U.S. consumers will be 54 percent higher this winter…

Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.

With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter.

Actually, if heating bills only go up by 54 percent this winter I think that we will be extremely fortunate.

Many believe that they will shoot up a lot higher than that, because energy prices here in the U.S. have already been going completely nuts

Natural gas in the United States, for example, has climbed to its highest price since 2014 and is up roughly 90% over the last year. The wholesale price of heating oil, meanwhile, has more than doubled in the last 12 months.

Another reason for the rise is how global the market for fuels has become. In Europe, strong demand and limited supplies have sent natural gas prices up nearly 350% this year. That’s pushing some of the natural gas produced in the United States to head for ships bound for other countries, adding upward pressure on domestic prices as well.

I know what a lot of you are thinking.  Millions of families are not going to be able to afford these price increases, and that is going to cause widespread financial hardship.

Even before this new energy crisis erupted, a large portion of the U.S. population had to “forego expenses for basic necessities” in order to pay their power bills…

To make ends meet, families are cutting deeply. Nearly 22% of Americans had to reduce or forego expenses for basic necessities, such as medicine or food, to pay an energy bill in at least one of the last 12 months, according to a September survey by the U.S. Census Bureau.

Despite all of the money that the federal government has thrown at people over the past couple of years, much of the nation is still deeply suffering.

According to another recent survey, close to 40 percent of all U.S. households “have faced serious financial problems” within the past several months…

Nearly 40% of US households have faced serious financial problems, including struggling to afford medical care and food, in the last few months, according to a survey published on Tuesday.

The survey by NPR, the Robert Wood Johnson Foundation and the Harvard TH Chan School of Public Health also showed that in those last few months, as the US struggled to contain the infectious Delta coronavirus variant, the percentage of households reporting serious financial problems rose to 59% when they had an income under $50,000 a year.

Normally, a number like that would indicate that unemployment is rampant.

But as I discussed the other day, the U.S. is actually in the midst of an epic shortage of workers right now.

If you want a job, you can go out and get one.

Of course the vast majority of the jobs that are available are very low paying jobs, and rampant inflation is devaluing the wages paid to such workers a little bit more with each passing day.

On Wednesday, we learned that on a year-over-year basis inflation is rising at the fastest pace in 30 years

Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department reported Wednesday.

The consumer price index for all items rose 0.4% for the month, compared with the 0.3% Dow Jones estimate. On a year-over-year basis, prices increased 5.4% versus the estimate for 5.3% and the highest since January 1991.

Needless to say, the official government numbers greatly understate the real rate of inflation.

According to John Williams of shadowstats.com, if inflation was still calculated the way it was in 1980, the official rate of inflation would be well into double digits at this point.

And now this new energy crisis is going to make things even worse.  Virtually everything that we buy has to be physically transported, and now shipping stuff around the country is going to become significantly more expensive.

In my last two books I specifically warned that inflation would spin wildly out of control, and now it is happening right in front of our eyes.

The experts are telling us that this is going to be a really cold winter, and a lot of American families are going to be forced to make some very difficult choices.

Many will decide to keep their thermostats uncomfortably low, but as long as the power stays on most of us will make it through the coming months okay.

The real danger would come if we start having blackouts like other parts of the globe are already experiencing.  As we witnessed in Texas last winter, the loss of power for an extended period of time during a cold stretch can have absolutely disastrous consequences.

***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 BlogEnd 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.

Americans Are Going To Be Absolutely Shocked By The Empty Shelves That They See

If you believe that America is headed into a new golden age of prosperity, you are getting lonelier with each passing day, because many others that were wildly optimistic about the economy earlier this year have been jumping ship.  In fact, even the White House is now openly admitting that there will be significant shortages this holiday season.  To many Americans, these shortages have come as a complete shock.  Most of us have never experienced such shortages, and most of us never even dreamed that they were possible.  But those that have been following my work for an extended period of time were not surprised by any of this.  We were warned over and over again that shortages and rampant inflation were ahead of us, and now they are here with a vengeance.  Unfortunately, the truth is that what we have gone through so far is just the beginning.

Normally, the White House will relentlessly “spin” any negative story in an attempt to make it a positive for Joe Biden.

But it is really hard to spin the fact that there are widespread shortages all over the country, and earlier today the mainstream news was full of reports about how the White House is now conceding that “higher prices” and “empty shelves” are coming

White House officials, scrambling to relieve global supply bottlenecks choking U.S. ports, highways and railways, warn that Americans may face higher prices and some empty shelves this Christmas season.

Of course it is important to keep in mind that things always seem to turn out worse than the Biden administration projects.

And at this moment we are being promised that these shortages will just be for “a relatively short period of time”

“There will be things that people can’t get,” a senior White House official told Reuters, when asked about holiday shopping.

“At the same time, a lot of these goods are hopefully substitutable by other things. … I don’t think there’s any real reason to be panicked, but we all feel the frustration and there’s a certain need for patience to help get through a relatively short period of time.”

You can believe all that if you want.

What made me chuckle was the line about how the missing products will be “substitutable by other things”.

Yes, just go find a giant rock outside and put it in front of your television and pretend that it is a Playstation.

At this point, even CNN is starting to sound like a bunch of hardcore preppers.  Just check out this line that they recently tweeted out

If you hoped grocery stores this fall and winter would look like they did in the Before Times, with limitless options stretching out before you in the snack, drink, candy and frozen foods aisles, get ready for some disappointing news.

The “Before Times”?

I kind of like that.  Without a doubt, life was so much better before Biden’s tyranny took us down a horrifying dystopian rabbit hole.

If there aren’t enough toys for everyone this holiday season, we will certainly survive.  To me, the fact that so many food products are now in very short supply is a much greater concern

Many of the country’s biggest food makers are telling grocers that they will have limited quantities of a number of their products, including items such as Rice Krispies Treats, Sour Patch Kids, some Ben & Jerry’s ice cream flavors, McCormick gourmet spices and Marie Callender’s pot pies because of labor, commodity and transportation constraints throttling supply chains, according to emails viewed by CNN and interviews with grocers. Some suppliers are also telling grocers to cancel their promotions of these items and more over the holidays so products won’t disappear from store shelves as quickly.

Don’t let anyone fool you into thinking that these shortages are not that big of a deal.  They have been going on for quite some time, and they are getting worse.

And now we have some hard numbers that give us a picture of what is really happening at supermarkets nationwide…

Around 18% of beverages, 15% of frozen foods, 16% of snacks, 15% of candy and 18% of bakery items were out of stock at stores during the week ending on October 3, according to the latest data from IRI, which tracks in-stock levels at leading US grocery chains, big box stores, pharmacies and wholesale clubs.

I was stunned when I first read those figures.

I knew that things were bad, but I didn’t know that they were that bad.

And what is our country going to look like if those numbers start shooting up to 30 or 40 percent?

Our supermarkets should actually have less shortages than just about anyone else, because the vast majority of our food is produced right here in the United States.  The most serious supply chain problems involve products that need to be shipped into this country, because right now we are seeing major issues “at almost every link in the chain” for imported goods…

At almost every link in the chain, there is a shortage; there aren’t enough yard workers to unpack the cargo on the ships quickly enough, nor are there enough drivers able to ferry them around on the ground. In stores, retailers don’t have enough workers to unpack them once they arrive.

Over and over again, we are being told that we simply do not have enough workers.

But at this moment the number of Americans that are currently employed is about five million less than it was just before the pandemic.

And other nations all over the globe are experiencing epic worker shortages as well.

So where did all the people go?

In case you were wondering, I am going to keep asking that question.  Millions and millions of people have seemingly evaporated from the system, and we deserve some honest answers.

These are such troubled times, and much more trouble is on the way.

If there is something that you are planning on buying before the end of the year, I would recommend buying it now.

Inventories are going to get tighter and tighter between now and the end of 2021.  We are being told that things may start to ease early next year, but I certainly wouldn’t count on that.

This is already the worst supply chain “collapse” in modern history, and I have a feeling that more “surprises” are just around the corner.

***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 BlogEnd 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.

Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For “Years”

The truth is starting to come out, and a lot of people aren’t going to like it.  When the supply chain problems and the shortages began, government officials repeatedly assured us that they would just be temporary, and most of us believed them.  But now it has become clear that they aren’t going to be temporary at all.  In fact, during a recent interview with Bloomberg, U.S. Transportation Secretary Pete Buttigieg admitted that some of the supply chain problems that we are currently facing could last for “years and years”.  I don’t know about you, but to me “years and years” sounds like a really long time.

Of course that is not the only time that Buttigieg has made such a claim.  During another recent interview, he used the words “long term” to describe what we are facing…

Buttigieg has said in recent interviews that “it’s an incredibly complicated situation,” but the government is holding virtual “roundtables” with port operators, labor unions and private companies. Nevertheless, he told MSNBC last Thursday, the “challenges” will continue, not only “going into the next year or two, but going into the long term.”

Isn’t it remarkable how the outlook for our economic future has changed so dramatically in just a matter of a few months?

Earlier this year, we were told that we would soon be entering a new golden era of prosperity.

But now inflation and shortages are causing chaos everywhere we look.

Earlier today, I came across a Daily Mail article that boldly declared that “stores across America have empty shelves” right now…

Stores across America have empty shelves thanks to a series in supply chain problems that are prolonging inflation and could stretch into the new year, with some retailers like Costco and Walmart limiting the amount of toilet paper in some stores.

More than 60 cargo ships are waiting to dock in California, carrying hundreds of thousands of containers, and may be stuck for months in a traffic jam after arriving from China and Asia. Millions of dollars of American goods are still sitting in warehouses in China, awaiting shipment.

In addition to the unprecedented backlogs that we are witnessing at our major ports, it has also become far, far more expensive to send products across the Pacific Ocean.

Just check out these numbers

The Washington Post reported the median cost of shipping a standard container from China to the U.S. West Coast hit a record $20,586. That’s nearly twice what it cost in July, which was twice what it cost in January, according to the Freightos index.

“Consumers are confronting higher prices and shortages of cars, children’s shoes and exercise gear, as the holiday shopping season looms,” the Post said.

That is crazy.

And now the emerging global energy crisis is going to make it even more expensive to move stuff around the planet.  On Monday, the price of gasoline in the United States hit a new seven-year high

The national average price for gasoline hit a fresh seven-year high of $3.27 a gallon on Monday, up by 7 cents in the past week alone, according to AAA. Gas has nearly doubled since bottoming at $1.77 in April 2020.

High gas prices will only exacerbate elevated inflation, squeeze the budgets of American families and hurt President Joe Biden’s political fortunes.

In addition, we just learned that U.S. stockpiles of heating oil have hit a 20 year low

The U.S. may be heading into winter with the lowest stockpiles of heating oil to meet surging demand in more than two decades.

Inventories of distillates — used as diesel for both transportation and heating oil — are enough to meet 31.2 days of demand, according to the Energy Information Administration. That’s the tightest it has been for this time of the year since 2000.

Unfortunately, global energy supplies are going to get even tighter and prices are going to go even higher in the months ahead.

Needless to say, the big corporations are going to feel forced to pass on rising costs to consumers.  In fact, the head of Kraft Heinz says that his company is already doing this

Miguel Patricio said the international food giant, which makes tomato sauce and baked beans, was putting up prices in several countries.

Unlike in previous years, he said, inflation was “across the board”.

The cost of ingredients such as cereals and oils has pushed global food prices to a 10-year high, according to the UN Food and Agriculture Organisation.

If you are reading this article and you are thinking that this is perfectly setting the stage for many of the scenarios that I have described in my books, you would be 100 percent correct.

We are entering a period of inflation that is going to absolutely shock most people.

In fact, the UN says that the global price of food has already risen more than 32 percent over the past year…

The United Nation’s Food and Agriculture Organization (FAO)’s September food price index – a measure of monthly changes in global food prices – reached 130 points, a level not seen since 2011.

It represents a 32.8 percent increase from September 2020.

I realize that I have thrown a lot of information at you very quickly in this article.

Things are starting to move quite rapidly now, and we are being warned that conditions are going to continue to deteriorate in the months ahead.

And as conditions deteriorate, the American people are going to becoming increasingly restless.  Already, polls are showing that Americans are quite dissatisfied with the current state of affairs.  Here is one example

Just 37% of Americans rate the economy as very or fairly good – the lowest percentage since March, and for the second straight month, more than half feel the economy is in bad shape. And most Americans are not convinced that the Biden administration’s domestic agenda would improve the economy.

As I discussed yesterday, our economy is starting to break down on a very basic level.

We have become so dependent on an efficient flow of goods and services, but these days there are breakdowns all over the system.

I would like to tell you that things will get better soon, but I can’t do that.

More supply chain problems are ahead, and some of them are going to be exceptionally painful.

***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 BlogEnd 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.

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

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

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

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

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

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

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

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

Of course that is complete and utter nonsense.

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

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

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

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

Good for them.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Mystery Of The Millions Of “Missing Workers”

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

But that isn’t happening.

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

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

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

Needless to say, that is a terrible number.

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

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

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

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

So this is definitely a “treading water” number.

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

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

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

So what happened to them?

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

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

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

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

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

So where did all the people go?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

About the Author: My name is Michael Snyder and my brand new book entitled “7 Year Apocalypse” is now available on Amazon.com.  In addition to my new book I have written five other books that are available on Amazon.com including  “Lost Prophecies Of The Future Of America”“The Beginning Of The End”“Get Prepared Now”, and “Living A Life That Really Matters”. (#CommissionsEarned)  By purchasing the books you help to support the work that my wife and I are doing, and by giving it to others you help to multiply the impact that we are having on people all over the globe.  I have published thousands of articles on The Economic Collapse BlogEnd 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 Economic Collapse