So, we rise from the rubble...
Wednesday, January 4, 2023
"Holy @%@%# Our World is About to Change Forever"
Full screen recommended.
Canadian Prepper, 1/3/23:
"Holy @%@%# Our World is About to Change Forever"
"This is why China and Russia are moving fast and
why WW3 is here to stay UNTIL this happens..."
Comments here:
Greg Hunter, "Desperate Deep State Planning Intense Chaos in 2023"
"Desperate Deep State Planning Intense Chaos in 2023"
by Greg Hunter’s USAWatchdog.com
Award-winning journalist Alex Newman, author of the popular book “Deep State,” says the world is waking up fast to the global genocide caused by the CV19 bioweapon passed off as a vaccine. Because of this public awakening, Newman says the desperate Deep State is planning intense chaos in multiple areas to cover their tracks and distract the public away from the extreme crimes globalist elites have committed. Newman explains, “What they are going to be doing over the coming year is massive numbers of crises and expanding and accelerating existing crises. They will be fomenting new crises such as food crises, immigration crises, border crises, currency crises and terrorism crises. You name it because that is what they do.
The U.N. is standing by to provide ‘solutions’ to this. The World Health Organization is working on digital IDs and vaccine passports to deal with the health crises. The Bank for International Settlements (BIS) is working on the Central Bank Digital Currency (CBDC) to deal with the currency crises. The U.N. Food and Agriculture Organization, the FAO, is working on solutions to the food crises that they are unleashing on humanity. So, we are going to see a lot more of this, and I forgot the energy crisis. This is what we talked about a few weeks ago when we talked about the U.N. climate summit (COP 27) in Egypt. They are dismantling our energy infrastructure for the purpose of causing an energy crisis, and they say this is what they are doing. They are starting a ‘new energy order’ to take control and limit our energy use.”
Newman says, “Totalitarians like to create the poison and the antidote all in the same laboratory. That’s what these globalists, Deep Staters and insiders are working on. They create the poison and antidotes in the same laboratory to take our freedoms, and population control is going to be a very big part of it.”
This brings us back to the CV19 bioweapon/vax. Newman says what is unfolding in 2023 is a “mass unstoppable awakening” to the genocide that is CV19 from infection to injection. This is mass murder, and that is what people will wake up to in 2023. Newman says, “These people are on the record with statements and speeches where they claim there are too many people consuming too many resources, and we need to reduce the population of the earth. I think the evidence for mass murder and genocide is so overwhelming that it would be hard for a court not to convict. We have to understand the global elites, the global predators behind this atrocity, that, in my mind, have killed millions and millions of people, are not going to say ‘You got us. We give up, take us to jail. We are going to have another Nuremberg.’ They are not going to do that. They are going to deploy the next part of their plan. Based on what we have seen so far, we can expect to see some sort of crisis of epic proportions to try to take the focus off it (the CV19 bioweapon/vax genocide).” There is much more in the 40-minute interview.
Join Greg Hunter on Rumble as he goes One-on-One with hard hitting journalist Alex Newman, founder of LibertySentinel.org and author of the book “Deep State”:
"Situation Update: Escalation With Russia Will Thrust Us Into The Jaws Of World War III"
"Situation Update: Escalation With Russia Will
Thrust Us Into The Jaws Of World War III"
By Mike Adams
"The United States appears to be deliberately provoking Russia into precisely such a response by providing key intelligence, satellite imagery and targeting solutions to HIMARS crews which are widely believed to be US soldiers out of uniform, operating as "contractors" in Ukraine.
Russia is preparing a major offensive against Ukraine that would involve hundreds of thousands of Russian troops, combined with short and medium range missile strikes on key military and infrastructure targets inside Ukraine. The end result is likely a direct war - and a full declaration of war - between the United States and Russia. This is a highly likely outcome in 2023."
Get the full analysis, plus a featured interview and podcast here:
o
- Jim Quinn
Tuesday, January 3, 2023
"Why Is Your Money Still In The Bank? Ominous Forecast For 2023"
Jeremiah Babe, 1/3/23:
"Why Is Your Money Still In The Bank?
Ominous Forecast For 2023"
Comments here:
Gerald Celente ,"Trends Journal: Top Trends 2023"
Full screen recommended.
Strong language alert.
Gerald Celente, 1/3/23:
"Trends Journal: Top Trends 2023"
Comments here:
"Supply Chain Shortages Will Trigger Panic At Stores This Winter As People Rush To Hoard Essentials"
Full screen recommended.
"Supply Chain Shortages Will Trigger Panic At Stores
This Winter As People Rush To Hoard Essentials"
by Epic Economist
"Everyone is noticing that products are more expensive than ever and also very challenging to find lately. Shoppers are having to check different stores for particular goods, but still, most of the time they’re unable to get what they want. Those who were hoping that the new year would mark a new era of abundance on our supply chains will be disappointed to find out that the various shortages that defined 2022 are not only expected to continue this year, but analysts are also warning that they’re likely to get even worse in the coming months. Conditions at stores will remain chaotic, and food industry experts say "Americans are really going to be hurting in their wallet" in 2023.
The damages done to the system were far greater than anyone could have imagined, and while the health crisis has exacerbated those issues, it also showed holes in the industry’s infrastructure and processes that have been there all along, as explained by Brian Alster, general manager of the North America Finance & Risk. “As we look into a new year, supply chain risks continue to heighten within organizations, particularly those that are most vulnerable to shortages and labor disruptions,” he says.
With a recession expected to aggravate many of the problems companies and consumers are already coping with, in addition to environmental catastrophes and an ongoing fertilizer shortage, the food supply chain is at the highest risk of experiencing persistent disruptions this year. In a recent interview with Fox Business, Tennessee dairy farmer and agricultural activist Stephanie Nash believes that “2023 is going to be rough. Worse than 2022," she says. When asked about the severity of the shortages retailers and consumers will have to deal with this season, Nash answered: "I definitely think we have a food security threat. We're going to have a supply chain shortage, we're going to have an increase in our food prices at the grocery store," she alerted.
Moreover, increasing environmental disasters are also contributing to worsening food shortages all across the nation. Analysts expose that California's devastating drought has led to empty rice fields and a 10 to 15% loss of viable farmland. A poll conducted by the American Farm Bureau Federation found that roughly three-quarters of farmers saw a reduction in harvest yields due to drought in the past 12 months. At the same time, around two-thirds of ranchers and livestock farmers reported selling off animals, with the national herd size down by 36%. Some states like Texas saw herd declines of 50%.
Unfortunately, the doom and gloom don’t stop there. Global shortages of grains, carbon dioxide, wood pulp, and other commodities are going to affect the availability of thousands of products in 2023. Food analysts at Mashed predict that bread, flour, oatmeal, vegetable oil, corn, tomatoes, soft drinks, canned foods, champagne, frozen goods, coffee, paper towels, and toilet paper will all be harder to find from here on. “People may have to shop around or use different brands. The available brands may also hike prices to be able to meet the demand,” they noted.
Problems are actually becoming more widepread as more and more shortages emerge, while manufacturers’ and retailers’ ability to replenish inventories remains compromised. This frustrating situation is going to impact the lives of millions of Americans for yet another year. We should all stay alert and prepare for the worst before things start to go downhill once again."
Gregory Mannarino, "FED Repo Operation Is Exploding As The World Economy Craters"
Gregory Mannarino, PM 1/3/23"
"FED Repo Operation Is Exploding
As The World Economy Craters"
Comments here:
"A Deep Look To The heavens"
"The Hubble Deep Field:
The Most Important Image Ever Taken"
"In 2003, the Hubble Space Telescope took the image of a millenium, an image that shows our place in the universe. Anyone who understands what this image represents, is forever changed by it."- YouTube/NASA
Full screen recommended.
Full screen recommended.
"It helps to put things in perspective here on our frenetic little planet with a look at this extraordinarily powerful and moving video of the Hubble Space Telescope mapping of the Universe, whose known size is 78 billion light years across. The video of the images is the equivalent of using a "time machine" to look into the past to witness the early formation of galaxies, perhaps less than one billion years after the universe's birth in the Big Bang.
The video includes mankind's deepest, most detailed optical view of the universe called the Hubble Deep Field (HDF). One of the stunning images was assembled from 342 separate exposures taken with the Wide Field and Planetary Camera 2 (WFPC2) for ten consecutive days. Representing a narrow "keyhole" view stretching to the visible horizon of the universe, the HDF image covers a speck of the sky only about the width of a dime located 75 feet away. Though the field is a very small sample of the heavens, it is considered representative of the typical distribution of galaxies in space because the universe, statistically, looks largely the same in all directions. Gazing into this small field, Hubble uncovered a bewildering assortment of at least 1,500 galaxies at various stages of evolution.
Most of the galaxies are so faint (nearly 30th magnitude or about four-billion times fainter than can be seen by the human eye) they have never before been seen by even the largest telescopes. Some fraction of the galaxies in this menagerie probably date back to nearly the beginning of the universe. "The variety of galaxies we see is amazing. In time these Hubble data could turn out to be the double helix of galaxy formation. We are clearly seeing some of the galaxies as they were more than ten billion years ago, in the process of formation," said Robert Williams, Director of the Space Telescope Science Institute Baltimore, Maryland. "As the images have come up on our screens, we have not been able to keep from wondering if we might somehow be seeing our own origins in all of this."
- http://www.dailygalaxy.com/
Chet Raymo, “The Spark of Life”
“The Spark of Life”
by Chet Raymo
"In a previous post I quoted Teilhard de Chardin referring to the discovery of electromagnetic waves as a "prodigious biological event." A biological event? What could he mean? The universe was awash with electromagnetic waves long before life appeared on Earth, or anywhere else in the universe. The cosmic microwave background radiation- the residue of the big bang- is electromagnetic. Starlight is an electromagnetic wave. You can "discover" electromagnetic waves by opening your eyes.
The Poet: Mary Oliver, "The Journey"
"The Journey "
"One day you finally knew
what you had to do, and began,
though the voices around you
kept shouting
their bad advice -
though the whole house
began to tremble
and you felt the old tug
at your ankles.
Mend my life!
each voice cried.
But you didn't stop.
You knew what you had to do,
though the wind pried
with its stiff fingers
at the very foundations,
though their melancholy
was terrible.
It was already late
enough, and a wild night,
and the road full of fallen
branches and stones.
But little by little,
as you left their voices behind,
the stars began to burn
through the sheets of clouds,
and there was a new voice
which you slowly
recognized as your own,
that kept you company
as you strode deeper and deeper
into the world,
determined to do
the only thing you could do -
determined to save
the only life you could save."
- Mary Oliver
"Every Human Decision..."
"Except for totally impulsive or psychotic behavior, every human
decision comes down to the choice between two alternatives."
- Jeff Duntemann
"Russians Don't Bluff! They're Going To Do It Exactly The Way They Said"
Full screen recommended.
Scott Ritter, 1/3/23:
"Russians Don't Bluff!
They're Going To Do It Exactly The Way They Said"
Comments here:
o
Related, highest recommendation:
"Something Big Is On the Way" (Excerpt)
By Mike Whitney
“The Russians have decided there is no way to negotiate an end to this. No one will negotiate in good faith; therefore we must crush the enemy. And that’s what’s coming.” - Colonel Douglas MacGregor (9:35 minute)
“Strictly speaking, we haven’t started anything yet.”
- Vladimir Putin
Excerpt: "The war in Ukraine is not going to end in a negotiated settlement. The Russians have already made it clear that they don’t trust the United States, so they’re not going to waste their time in a pointless gabfest. What the Russians are going to do is pursue the only option that is available to them: They are going to obliterate the Ukrainian Army, reduce a large part of the country to rubble, and force the political leadership to comply with their security demands. It’s a bloody and wasteful course of action, but there’s really no other option. Putin is not going to allow NATO to place its hostile army and missile sites on Russia’s border. He’s going to defend his country as best as he can by proactively eliminating emerging threats in Ukraine. This is why Putin has called up an additional 300,000 reservists to serve in Ukraine; because the Russians are committed to defeating the Ukrainian army and bringing the war to a swift end. Here’s a brief recap from Colonel Douglas MacGregor:
"Washington’s proxy war with Russia is the result of a carefully constructed plan to embroil Russia in conflict with its Ukrainian neighbor. From the moment that President Putin indicated that his government would not tolerate a NATO military presence on Russia’s doorstep in Ukraine, Washington sought to expedite Ukraine’s development into a regional military power hostile to Russia. The Maidan coup allowed Washington’s agents in Kiev to install a government that would cooperate with this project. PM Merkel’s recent admission that she and her European colleagues sought to exploit the Minsk Accords to buy time for the military building in Ukraine confirms the tragic truth of this matter.” (“US Colonel explains America’s role in provoking Russia-Ukraine conflict“, Lifesite)
Highest recommendation! Full article is here:
"What's He To Do Then?"
"You've seed how things goes in the world o' men. You've knowed men to be low-down and mean. You've seed ol' Death at his tricks... Ever' man wants life to be a fine thing, and a easy. 'Tis fine, boy, powerful fine, but 'tain't easy. Life knocks a man down and he gits up and it knocks him down agin. I've been uneasy all my life... I've wanted life to be easy for you. Easier'n 'twas for me. A man's heart aches, seein' his young uns face the world. Knowin' they got to get their guts tore out, the way his was tore. I wanted to spare you, long as I could. I wanted you to frolic with your yearlin'. I knowed the lonesomeness he eased for you. But ever' man's lonesome. What's he to do then? What's he to do when he gits knocked down? Why, take it for his share and go on.”
- Marjorie Kinnan Rawlings
"When I hear somebody sigh, 'Life is hard,'
I am always tempted to ask, 'Compared to what?'"
- Sydney J. Harris
"Choices..."
"The human life is made up of choices. Yes or no. In or out. Up or down. And then there are the choices that matter. Love or hate. To be a hero or to be a coward. To fight or to give in. To live. Or die. Live or die. That's the important choice. And it's not always in our hands."
- Dr. Meredith Grey, "Grey's Anatomy"
“This is your life, and it's ending one minute at a time. Every breath is a choice. Every minute is a choice. To be or not to be. Every time you don't throw yourself down the stairs, that's a choice. Every time you don't crash your car, you re-enlist. If death meant just leaving the stage long enough to change costume and come back as a new character...would you slow down? Or speed up?"
- Chuck Palahniuk
"11 Ominous Predictions For 2023"
"11 Ominous Predictions For 2023"
by Michael Snyder
"There is a growing consensus that 2023 is going to be a miserable year for the U.S. economy and for the global economy as a whole. In fact, in all the years that I have been writing I have never seen so many big names on Wall Street be so incredibly pessimistic about the coming year. Of course much of that pessimism is due to the fact that 2022 went so poorly. The cryptocurrency industry imploded, trillions of dollars in stock market wealth evaporated, inflation became a major problem all over the industrialized world, and a new housing crash suddenly erupted. Considering all of the pain that we have experienced over the past 12 months, it is only natural for the experts to have a negative view of 2023. The following are 11 ominous warnings that they have issued for the year ahead…
#1 The IMF: “We expect one-third of the world economy to be in recession. Even countries that are not in recession, it would feel like recession for hundreds of millions of people”
#2 Bloomberg: “Economists say there is a 7-in-10 likelihood that the US economy will sink into a recession next year, slashing demand forecasts and trimming inflation projections in the wake of massive interest-rate hikes by the Federal Reserve.”
#3 The World Bank: “As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new study by the World Bank.”
#4 Bank of America CEO Brian Moynihan: “We’re going to have a shallow recession”
#5 Mohamed El-Erian: “Many ‘high-conviction’ U.S. recession calls are immediately coupled with the assertion that it’ll be ‘short and shallow.’ Reminds me of the behavioral trap ‘transitory inflation’ proponents fell into last year”
#6 Nouriel Roubini: “No, this is not going to be a short and shallow recession, it’s going to be deep and protracted”
#7 Larry Summers: “My sense is that it’s much harder than many people think to achieve a soft landing”
#8 Goldman Sachs CEO David Solomon: “Economic growth is slowing,” Goldman Sachs CEO David Solomon said at the same conference. “When I talk to our clients, they sound extremely cautious.”
#9 Charles Schwab & Co.’s Liz Ann Sonders: “We have to take our medicine still, meaning a weaker economy and a weaker labor market. The question is, is it better to take our medicine sooner or later?”
#10 BlackRock: “Central bankers won’t ride to the rescue when growth slows in this new regime, contrary to what investors have come to expect. They are deliberately causing recessions by overtightening policy to try to rein in inflation”
#11 Michael Burry: “Inflation peaked. But it is not the last peak of this cycle. We are likely to see CPI lower, possibly negative in 2H 2023, and the US in recession by any definition. Fed will cut and government will stimulate. And we will have another inflation spike. It’s not hard.”
As you can see, there is a general consensus that things will be bad in 2023, but there is disagreement about just how deep the coming economic downturn will turn out to be. If the worst of these forecasts turn out to be accurate, that will actually be incredibly good news. Because the reality of what we will be facing in 2023 is likely to be significantly worse than any of these experts are currently projecting.
With each passing day, we continue to get even more numbers that indicate that big trouble is ahead. For example, we just learned that luxury home sales absolutely cratered during the months of September, October and November…"Sales of luxury homes fell 38.1% year over year during the three months ending November 30, 2022, the biggest decline on record, according to a new report from Redfin, a technology-powered real estate brokerage. That outpaced the record 31.4% decline in sales of non-luxury homes. Redfin’s data goes back to 2012."
The luxury market and the overall housing market lost momentum in 2022 due to many of the same factors: inflation, relatively high interest rates, a sagging stock market and recession fears. We haven’t seen anything like this since 2008. And we all remember what the housing crash of 2008 ultimately did to the financial markets.
Normally, the beginning of a calendar year is a time for optimism. As we look forward to a completely clean slate, it can be easy to forget the difficulties of the previous 12 months. But this year things seem completely different. On some level, just about everyone can feel that very challenging times are ahead of us. Decades of very foolish decisions are starting to catch up with us in a major way.
Our leaders tried very hard to keep the party going for as long as possible, and to a certain extent they were quite successful in doing so. Our politicians in Washington kept borrowing and spending trillions upon trillions of dollars that we did not have, and that definitely delayed our day of reckoning. And the Federal Reserve kept the financial markets artificially propped up for years by endlessly pumping giant mountains of fresh cash into the system.
But such foolish measures only made our long-term problems even worse, and now our leaders are losing control. All of the “mega-bubbles” are starting to burst, and the system is beginning to fall apart all around us. It is time to turn out the lights, because the party is over. We all had a lot of fun while it lasted, but now the bill is due and an extraordinary amount of pain is ahead."
"Here Comes Trackable Digital Dollars"
Full screen recommended.
Dan, iAllegedly 1/3/23:
"Here Comes Trackable Digital Dollars"
"The current administration is working on a digital dollar. This will be trackable. Do you think this is a good thing? 2023 will be the year of the digital dollar."
Comments here:
Bill Bonner, "Rough Seas Ahead"
"Rough Seas Ahead"
A precarious Channel crossing
and a look at the forecast for 2023...
by Bill Bonner
Youghal, Ireland - "We are on our way to France. Checking the maritime forecast, we expected the sea to be so rough. We didn’t want to be seasick for a 17-hour voyage. So, we’re taking the short route to Wales, thence across England to the southeast coast, where we will board the Eurotunnel and cross to Calais. This leaves us little time to read or write. So, we begin with a quick market update…and tomorrow…leave you with our memoire of our first Christmas in Ireland.
Here’s the headline from the Financial Times: "Markets lose more than $30 trillion in worst year since financial crisis." “The end of cheap money,” begins an editorial.
The BBC adds more bad news: "A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said 2023 will be "tougher" than last year as the US, EU and China see their economies slow. "Even countries that are not in recession, it would feel like recession for hundreds of millions of people," she added."
Caveats and Qualifiers: Reading the news, we find many “predictions for 2023.” The consensus view is that inflation will relent, the Fed will either ‘pivot’ or at least swing around to less of a ‘tightening’ program...and stocks will end the year higher. In that regard a couple of caveats and qualifiers are needed. While US stocks were down about 20% for the year, Turkish stocks rose 110%. What made the Istanbul market suddenly worth twice its value in 2021? A return to the free market by the authorities? New inventions? A booming economy?
None of the above. Instead, an inflation rate of 85% caused Turks to seek shelter in equities. “There is a lack of alternatives…” said a sage in Istanbul. In other words, stock market gains are not always what they appear to be. Recall that during the late ‘60s and ‘70s, the US stock market held steady…even as inflation erased 75% of the values. So, rather than guess about the level of the Dow, let’s try to figure out what is really going on.
Readers of these posts will recall, too, that just before the holidays we suggested a couple of provocative, and perhaps seditious, ideas. First, ‘the government’ is not all of us; it is just some of us. That is always true. And everywhere true. No matter what you call your government, a small elite always takes control.
When the US was formed, those ‘deciders’ were also outsiders. They made their living by providing goods and services to one another. They understood that government was always a threat to honest commerce. So, they attempted to limit it…and to leave ultimate control of the government with ‘The People’ and their representatives.
Leading Us to Crisis: It was a good try. But after a couple hundred years, the termites have gotten into the woodwork. And the parasites can do pretty much whatever they want. The things that are most ruinous to a country – war and inflation – are entirely under their control. The president can start a war on his own say-so. And the Fed can manipulate the value of the US dollar with no discussion or vote in Congress. Even the First Amendment, guaranteeing Free Speech, has largely been ignored, as federal agents conspire with private companies to restrict what Americans can read.
And now, the deciders are not longer outsiders. Now, they’re insiders. They do not want to limit the power of government, but to extend it further and further. Each step, they realize, brings them more power, money and status…while diminishing the wealth and independence of their rivals in the private sector.
And the US Constitution is largely irrelevant. The people who wrote the Constitution and the Bill of Rights were completely different from the people who now ignore it.
We have seen, too, that the situation in today’s economy and its markets is almost the exact opposite of what it was 40 years ago. Back then, stocks had been in a bear market for the previous 16 years; prices were low. Bonds had been in a bear market too – dating back to the late ‘40s. As for debt levels, the US government owed less than $1 trillion. And the benchmark 10-year US treasury sported a yield over 15%.
Today, stocks, bonds, and debt are high, with stocks and bonds nearer to the top of their ranges rather than the bottom…and US debt is over $31 trillion. Interest rates are low (even after the Fed’s hikes, the key lending rate is still about 300 basis points…3 percentage points…below the level of consumer price inflation.)
Given these circumstances, we have a hunch about where today’s markets are headed…and what the Fed is likely to do about it. In short, we are in a correction. The primary trend is down – for both stocks and bonds. This will lead to a crisis – as it becomes more and more expensive to finance debt.
How the elite will react to this coming crisis is the story of the coming years. Will they tighten their belts and allow the correction to do its work, returning us to a more ‘normal’ financial world? Or will they panic…pivot…and print more money? We think we know the answer. But we would be happy to be surprised. Stay tuned."
Gregory Mannarino, "So It Begins!"
Gregory Mannarino, AM 1/3/23:
"So It Begins! Central Banks Start NEW
Debt Buying Spree As Inflation Continues To Rise"
Comments here:
o
Market Data Center, Live updates:
"Nine Meals from Anarchy"
"Nine Meals from Anarchy"
by Jeff Thomas
"In 1906, Alfred Henry Lewis stated, “There are only nine meals between mankind and anarchy.” Since then, his observation has been echoed by people as disparate as Robert Heinlein and Leon Trotsky. The key here is that, unlike all other commodities, food is the one essential that cannot be postponed. If there were a shortage of, say, shoes, we could make do for months or even years. A shortage of gasoline would be worse, but we could survive it, through mass transport or even walking, if necessary.
But food is different. If there were an interruption in the supply of food, fear would set in immediately. And, if the resumption of the food supply were uncertain, the fear would become pronounced. After only nine missed meals, it’s not unlikely that we’d panic and be prepared to commit a crime to acquire food. If we were to see our neighbor with a loaf of bread, and we owned a gun, we might well say, “I’m sorry, you’re a good neighbor and we’ve been friends for years, but my children haven’t eaten today – I have to have that bread – even if I have to shoot you.”
There’s no need to speculate on this concern yet. There’s nothing so alarming on the evening news yet to suggest that such a problem might be on the horizon. So, let’s have a closer look at the actual food distribution industry, compare it to the present direction of the economy, and see whether there might be reason for concern.
The food industry typically operates on very small margins – often below 2%. Traditionally, wholesalers and retailers have relied on a two-week turnaround of supply and anywhere up to a 30-day payment plan. But an increasing tightening of the economic system for the last eight years has resulted in a turnaround time of just three days for both supply and payment for many in the industry. This a system that’s still fully operative, but with no further wiggle room, should it take a significant further hit.
If there were a month where significant inflation took place (The Feds lie say 9.1%; really now at least 17%), all profits would be lost for the month for both suppliers and retailers, but goods could still be replaced and sold for a higher price next month. But, if there were three or more consecutive months of inflation, the industry would be unable to bridge the gap, even if better conditions were expected to develop in future months. A failure to pay in full for several months would mean smaller orders by those who could not pay. That would mean fewer goods on the shelves. The longer the inflationary trend continued, the more quickly prices would rise to hopefully offset the inflation. And ever-fewer items on the shelves.
From Germany in 1922, to Argentina in 2000, and to Venezuela in 2016, this has been the pattern whenever inflation has become systemic, rather than sporadic. Each month, some stores close, beginning with those that are the most poorly capitalized.
In good economic times, this would mean more business for those stores that were still solvent, but in an inflationary situation, they would be in no position to take on more unprofitable business. The result is that the volume of food on offer at retailers would decrease at a pace with the severity of the inflation.
However, the demand for food would not decrease by a single loaf of bread. Store closings would be felt most immediately in inner cities, when one closing would send customers to the next neighborhood seeking food. The real danger would come when that store also closes and both neighborhoods descended on a third store in yet another neighborhood. That’s when one loaf of bread for every three potential purchasers would become worth killing over. Virtually no one would long tolerate seeing his children go without food because others had “invaded” his local supermarket.
In addition to retailers, the entire industry would be impacted and, as retailers disappeared, so would suppliers, and so on, up the food chain. This would not occur in an orderly fashion, or in one specific area. The problem would be a national one. Closures would be all over the map, seemingly at random, affecting all areas. Food riots would take place, first in the inner cities then spread to other communities. Buyers, fearful of shortages, would clean out the shelves.
Importantly, it’s the very unpredictability of food delivery that increases fear, creating panic and violence. And, again, none of the above is speculation; it’s a historical pattern – a reaction based upon human nature whenever systemic inflation occurs.
Then… unfortunately… the cavalry arrives. At that point, it would be very likely that the central government would step in and issue controls to the food industry that served political needs rather than business needs, greatly exacerbating the problem. Suppliers would be ordered to deliver to those neighborhoods where the riots are the worst, even if those retailers are unable to pay. This would increase the number of closings of suppliers.
Along the way, truckers would begin to refuse to enter troubled neighborhoods, and the military might well be brought in to force deliveries to take place. (If truckers could afford $5.75 a gallon diesel fuel.)
So, what would it take for the above to occur? Well, historically, it has always begun with excessive debt. We know that the debt level is now the highest it has ever been in world history. (US debt as of October 2022: $31.12 trillion; World debt as of Feb. 2022: $303 trillion.) In addition, the stock and bond markets are in bubbles of historic proportions. They will most certainly pop.
With a crash in the markets, deflation always follows as people try to unload assets to cover for their losses. The Federal Reserve (and other central banks) has stated that it will unquestionably print as much money as it takes to counter deflation. Unfortunately, inflation has a far greater effect on the price of commodities than assets. Therefore, the prices of commodities will rise dramatically, further squeezing the purchasing power of the consumer, thereby decreasing the likelihood that he will buy assets, even if they’re bargain priced. Therefore, asset holders will drop their prices repeatedly as they become more desperate. The Fed then prints more to counter the deeper deflation and we enter a period when deflation and inflation are increasing concurrently.
Historically, when this point has been reached, no government has ever done the right thing. They have, instead, done the very opposite – keep printing. A by-product of this conundrum is reflected in the photo above. Food still exists, but retailers shut down because they cannot pay for goods. Suppliers shut down because they’re not receiving payments from retailers. Producers cut production because sales are plummeting.
In every country that has passed through such a period, the government has eventually gotten out of the way and the free market has prevailed, re-energizing the industry and creating a return to normal. The question is not whether civilization will come to an end. (It will not.) The question is the liveability of a society that is experiencing a food crisis, as even the best of people are likely to panic and become a potential threat to anyone who is known to store a case of soup in his cellar.
Fear of starvation is fundamentally different from other fears of shortages. Even good people panic. In such times, it’s advantageous to be living in a rural setting, as far from the centre of panic as possible. It’s also advantageous to store food in advance that will last for several months, if necessary. However, even these measures are no guarantee, as, today, modern highways and efficient cars make it easy for anyone to travel quickly to where the goods are. The ideal is to be prepared to sit out the crisis in a country that will be less likely to be impacted by dramatic inflation – where the likelihood of a food crisis is low and basic safety is more assured."
○
"Strange Prices At Meijer! This Is Crazy! Stock Up Now!"
Full screen recommended.
Adventures With Danno, 1/3/23:
"Strange Prices At Meijer! This Is Crazy! Stock Up Now!"
"In today's vlog we are at Meijer and noticing some strange price increases! We are here to check out skyrocketing prices, and a lot of empty shelves! It's getting rough out here as stores seem to be struggling with getting products!"
Comments here:
Monday, January 2, 2023
"When People Go Hungry You Got Trouble; Be Ready, The Meltdown Has Begun; Retailers Brace For Impact"
Jeremiah Babe, 1/2/23:
"When People Go Hungry You Got Trouble; Be Ready,
The Meltdown Has Begun; Retailers Brace For Impact"
Comments here:
"Breaking: Massive Escalation in Next 72 Hours"
Full screen recommended.
Canadian Prepper, 1/2/23:
"Breaking: Massive Escalation in Next 72 Hours"
"Only 48 hrs into 2023 and everything is going to hell..."
Comments here:
"15 Things The Average American Family Can't Afford Anymore"
Full screen recommended.
"15 Things The Average American
Family Can't Afford Anymore"
by Epic Economist
"By now, we can all tell that our dollars don't stretch as far as they used to. The purchasing power of the average American family has declined by over 35% since 2010, and as we enter a new year, more price increases, inflation, and financial hardships are on the horizon. It's never been so expensive to live in the United States. While the cost of basic necessities continues to reach new highs, our incomes stay the same, and the threat of job losses reemerges due to the ongoing recession. 2023 will be a very challenging year for many households, and in today's video, we listed a series of things that are either going up in price in the months ahead or becoming more unaffordable and out of the reach of hard-working Americans.
For example, We’re still in the middle of one of the greatest housing bubbles in history, and even though prices are crashing in some pandemic hotspots, soaring interest rates are keeping the cost of a home and monthly mortgage payments over 40% higher than a year ago. The trend is expected to continue throughout 2023 as the Fed announced that it will continue its monetary tightening policy until inflation is tamed down. New research released by ATTOM Data Solutions revealed that Americans can’t afford to purchase a home in more than 75 percent of the country. Out of 473 U.S. counties analyzed in the report, 355 listed median home prices more than what average wage earners could afford, the firm found. “New York City claimed the largest share of a person's income to purchase a home,” researchers noted, adding that “while average earners nationwide need to spend only about one-third of their income on a home, residents in Brooklyn and Manhattan must shell out more than 115 percent of their income. In San Francisco, residents must spend 103 percent, and in Hawaii's Maui County, it takes 101 percent”.
Similarly, renters seem to be struggling just as much, but their uncertain situation is even worse. With unemployment rates steadily rising, and a recession at our door, a wave of evictions is expected to occur in 2023. Affordable housing problems will, unfortunately, stay with us for quite some time, and many hard-working people out there are at risk of becoming homeless. Already, roughly 51 million households don't earn enough to afford rent according to a study released Thursday by the United Way ALICE Project. That represents 43% of households in the entire country. The figure includes the 16.1 million households living in poverty, as well as the 34.7 million families that the United Way has dubbed as ALICE -- Asset Limited, Income Constrained, Employed. This group makes less than what's needed "to survive in the modern economy," the organization noted.
Unfortunately, financial stability will not be in the cards for millions of families out there in 2023. This will be a year marked by the burst of financial bubbles, business shutdowns, layoffs, and an economic downturn that is set to be the greatest since the 2008 meltdown. The recession has only just begun, and we should all brace for a bumpy ride in the coming months."
Comments here:
"Jim Rickards: It's Over! Banks Will Get Bankrupt?!"
Full screen recommended.
Be Awakened, 1/2/23:
"Jim Rickards: It's Over! Banks Will Get Bankrupt?!"
Comments here:
Musical Interlude: Josh Groban, “Gira Con Me Questa Notte”
Josh Groban, “Gira Con Me Questa Notte”
○
English lyrics:
Subscribe to:
Posts (Atom)