Tuesday, September 21, 2021
“Let Them Eat Kix”
Gregory Mannarino, AM 9/21/21: "Critical Updates: Evergrande, Markets, Stocks"
Monday, September 20, 2021
"Global Markets Shaken; Investors Vaporized; Global Banks Risk Of Collapse"
"An Unprecedented Shortage Of Workers Is Unleashing Mass Business Bankruptcies & Soaring Food Prices"
"The world is facing an unprecedented labor shortage that is threatening to derail the global economic rebound as it is sparks widespread business bankruptcies and pushes the price of several supplies, including food, to sky-highs. It's the first time in modern history that the entire planet is facing a severe shortage of workers. At this point, it is estimated that about 10 to 15 million people are still out of their jobs and facing long-term unemployment. Even though government benefits have expired at the beginning of this month, people are still not coming back to the labor force. At least not at the pace most economists were expecting.
One ominous aspect of this crisis is the impact it is having on global food supply chains. Recent reports describe that, in some countries, the shortage of workers is getting so serious that government officials are having to harvest crops themselves before they spoil and result in local food shortages and steep economic losses. In the U.S., meatpackers are trying to attract new employees by offering Apple Watches, and fast-food chains are offering sizable bonuses. But despite their efforts, staff levels are still incredibly low, and food prices are on the rise. Many can still clearly remember how chaotic it was last year's unemployment crisis. At this stage, employers were expecting to see hordes of people desperate to find a new job. But even now that employees have options to choose from, it seems like they have simply disappeared from the workforce.
Today, food industry executives say that there aren't enough people to grow, process, and transport our food, and this is threatening to push several small farmers and producers to the brink of financial ruin, while smaller food processing companies are on the verge of bankruptcy. In August, prices went up by 33 percent compared to the same time a year ago, according to an index compiled by the United Nations’ Food and Agriculture Organization. And they're about to surge even more given that that agriculture is one of the world’s least-automated industries.
For many businesses, passing along those costs is a matter of survival - especially considering that they didn't have a proper opportunity to financially recover from last year's recession. This should be a matter of concern for everyone. This disruption affects every person, business, and industry, and it is only aggravating with each passing month.
To make things even worse, at a time millions of businesses are hanging by a thread, our health care system is completely overwhelmed and social tensions are rising in every corner of the country, the federal government decided to impose strict work restrictions on millions of workers who decided not to take the vaccine.
For several reasons, whether it's a medical concern, a lack of trust in government measures, or a lack of confidence in the effectiveness of the vaccine, millions of Americans have chosen not to be vaccinated. And now the new administration may exacerbate the labor shortage as they enforce vaccine mandates to several workers. When these mandates are in full effect, we could see a national crisis of unimaginable proportions. One example of how dangerous these vaccination orders can be lies in the fact that law-enforcement officials reportedly rather be fired than comply with the mandates.
Gregory Mannarino, PM 9/20/21: "STOCKS NOSEDIVE! Does The Market Sleep With The Fishes?"
"A Look to the Heavens"
Chet Raymo, "Lessons"
"There is a four-line poem by Yeats, called "Gratitude to the Unknown Instructors":
Free Download: T. S. Eliot, "Four Quartets"
"The Global Economy has Started to Slow Down"
"When Numbers Fib"
"The Monstrous Thing..."
"And Then Everything Happens at Once"
Must Read! “It’s A Fourth Turning: What Did You Expect?” (Excerpt)
"Why Is There Suddenly An Extremely Severe Shortage Of Workers All Over The World?"
Gregory Mannarino, AM 9/20/21: "Stock Futures Crater... Stay Calm, Stay Relaxed"
Sunday, September 19, 2021
"Evergrande Collapse Could Rock Markets; Carfax Warns Of Damaged Cars Flooding Market; No Recovery"
"Housing & Rent Price Bubble Surged To The Highest Level In 45 Years: Get Ready For A Housing Crash"
Musical Interlude: 2002, "Soul Doors"
"A Look to the Heavens"
Chet Raymo, “The Still Small Voice”
The Poet: Paul Laurence Dunbar, "We Wear The Mask "
"Attitude..."
Gregory Mannarino, AM 9/19/21: "Markets, A Look Ahead: Always Have The High Ground! And Expect THIS"
"The Conspiracy Theorists Were Right; It IS a 'Poison-Death Shot'” (Excerpt)
Saturday, September 18, 2021
“Surviving Bank Closures and Cyber Attacks; Prepare For Economic Chaos; Do Not Support Walmart”
"Are You Prepared for What’s Coming in the Economy? It’s Not Too Late"
"A Look to the Heavens"
"It Is Our Fate..."
MUST WATCH! Greg Hunter, "CV19 Vaccines are Poison"
"Too Often..."
"Reality Avoidance"
1. The empire is in decline; every day, life here gets a little bit worse; all our institutions are corrupt to varying degrees; and there is no turning this situation around.
2. A crucial factor in this decline and irreversibility is the low level of intelligence of the American people. Americans are not only dumb; they are positively antagonistic toward the life of the mind.
3. Relations of power and money determine practically everything. The 3 wealthiest Americans own as much as the bottom 50% of the population, and this tendency will get worse over time.
4. The value system of the country, and its citizens, is fundamentally wrong-headed. It amounts to little more than hustling, selfishness, narcissism, and a blatant disregard for anyone but oneself. There is a kind of cruelty, or violence, deep in the American soul; many foreign observers and writers have commented on this. Americans are bitter, depressed, and angry, and the country offers very little by way of community or empathy.
5. Along with this is the support of meaningless wars and imperial adventures on the part of most of the population. That we drone-murder unarmed civilians on a weekly basis is barely on the radar screen of the American mind. In essence, the nation has evolved into a genocidal war machine run by a plutocracy and cheered on by mindless millions.
Most Americans hide from these depressing, even horrific, realities by what passes for ‘the news’, but also by means of alcohol, opioids, TV, cellphones, suicide, prescription drugs, workaholism, and spectator sports, to name but a few. This stuffing of the Void is probably our primary activity. In a word, we are eating ourselves alive, and only a tiny fraction of the population recognizes this."