by Michael Snyder
All the shortages have been presupposed to be passed by now. Throughout the first half of 2021, the blind optimists have been assuring us that by the top of the 12 months the pandemic could be over, the spike in inflation would have confirmed to be “transitory”, the worldwide provide chain disaster could be resolved, and the U.S. economic system could be booming. In fact the reality is that none of these issues occurred. In actual fact, total situations are even worse than they have been six months in the past. Now we’re heading into 2022, and even the optimists are discovering it troublesome to say something constructive in regards to the coming 12 months.
What’s 2022 going to appear like if world provide chain issues proceed to accentuate? Not since World Warfare II have we seen something just like the long-term shortages that we at the moment are experiencing, and for many individuals this has been deeply irritating.
For instance, a whole lot of pet house owners have been coping with extreme pet meals shortages for months, and people shortages simply appear to maintain getting even worse. The next comes from a Wall Avenue Journal article entitled “The Pet-Meals Scarcity Is Actual, and Homeowners Are Scrambling”…
After an internet order didn’t present on time, Phyllis Pometta stopped at 5 completely different shops earlier than she hit pay filth. There it was on the shelf: beef stew-flavored pet food.
Ms. Pometta scooped up about 4 cans, which weren’t her most popular model. She was determined, with provides of the meals she often purchased for her canine nowhere to be discovered on-line or in shops.
These shortages aren’t simply restricted to a couple areas of the nation.
That is really a nationwide phenomenon, and specialists agree that it isn’t going to finish any time quickly.
In the meantime, we at the moment are being advised that our nation is within the midst of “the nice Sweet Cane Disaster of 2021”…
And now we’re apparently within the thick of what the New York Submit has referred to as “the nice Sweet Cane Disaster of 2021.” Based on the outlet, some retailers haven’t been capable of preserve sweet canes in inventory, attributable to a mixture of ongoing provide chain points and a downturn on this 12 months’s peppermint crop.
“We solely obtained half of our sweet cane order for the vacation season and bought out nearly instantly. We at present have zero in inventory,” Mitchell Cohen, the proprietor of New York Metropolis’s Economic system Sweet, advised The Submit.
I by no means imagined that I’d be writing a couple of sweet cane scarcity in December 2021, however right here we’re.
And for those who prefer to get drunk through the vacation season, we’re additionally going through a rising nationwide scarcity of beer…
Having a tough time discovering your favourite craft beer? It could possibly be a part of the aluminum scarcity, however the worth of elements for beer can be skyrocketing attributable to provide chain points all through the world.
If this specific scarcity continues to worsen, what is going to alcoholics throughout America do within the months forward?
Over in Japan, they’re going through a special type of a disaster. A scarcity of potatoes is forcing McDonald’s to start out rationing french fries…
A ‘fry-tening’ provide chain drawback has materialized for McDonald’s Holdings Co. Japan is forcing it to ration french fries for no less than every week attributable to a potatoes scarcity.
Starting on Friday, Japanese customers wanting a traditional Large Mac can be barred from ordering medium- and large-sized french fries. They are going to be solely allowed to order small french fries as the corporate blames huge flooding in Vancouver for its soggy mess and makes an attempt to supply spuds elsewhere.
The excellent news is that the Japanese are usually fairly well mannered, and so an absence of fries most likely gained’t begin any riots.
But when we needed to begin rationing fries right here in america, it could be a very completely different story.
On the opposite aspect of the globe, the vitality disaster in Europe went to a completely new stage this week…
Europe’s vitality disaster obtained even worse on Tuesday as a scarcity of pure fuel, nuclear outages, declining wind energy output, and chilly climate boosted costs.
The fuel worth on the Dutch TTF hub, the benchmark fuel worth for Europe, soared 10% to a brand new report excessive of 165 euros per megawatt-hour after fuel coming into Germany on the Mallnow compressor station plunged to zero. Flows have been diverted eastward to Poland.
Power costs in Europe at the moment are rising at an exponential price, and that’s going to imply a really chilly winter for an entire lot of individuals.
I want to inform you that these issues are going to go away in 2022, however I can’t.
As a substitute, it seems that our provide chain points could proceed to escalate.
One of many largest grocery retailer chains right here in america started limiting purchases of sure meals gadgets previous to Thanksgiving, after which they made the checklist of restricted gadgets fairly a bit longer for the Christmas season…
Publix, which has greater than 1,280 shops within the southern U.S., began limiting purchases of canned cranberry sauce, gravy, canned pie filling forward of Thanksgiving. It has expanded its checklist of limited-purchase merchandise forward of Christmas to incorporate sports activities drinks, half-and-half creamers, bacon, bathroom paper, disposable plates, vegetable oils and cat meals.
“As a consequence of ongoing provide points and elevated vacation demand, we now have up to date our buy limits,” Maria Brous, Publix director of communications, advised USA TODAY, including most merchandise on the checklist are restricted to 2 of every merchandise together with cat meals selection packs.
However widespread rationing is completely regular, proper?
The American individuals confirmed an excessive amount of persistence early on this disaster, however now they’re getting very stressed, and lots of are blaming Joe Biden for our woes.
In actual fact, CNN is reporting that Joe Biden now has the bottom financial approval ranking of any president since Jimmy Carter in 1977…
Biden now sports activities the bottom web financial ranking of any president at this level by means of their first time period since no less than Jimmy Carter in 1977.
Within the newest CNN/SSRS ballot, Biden is available in with a 44% approval ranking to 55% disapproval ranking amongst registered voters on his financial efficiency. This makes for a -9 level web approval ranking. The typical of all polls taken in December is kind of comparable with Biden at -13 factors on the economic system.
And one other latest survey discovered that seven out of each ten Individuals consider that 2021 was a nasty 12 months for our nation…
The brand new Fox Enterprise survey of registered voters finds 70 % say 2021 was a clunker for the nation. Whereas that’s higher than the 78 % who felt that manner about 2020, it’s nonetheless a lot worse than the 38 % who referred to as 2019 dangerous.
As well as, 55 % really feel this was a nasty 12 months for them personally. That too is an enchancment from a excessive of 67 % final 12 months, however a much more unfavorable evaluation than in December 2019, earlier than the pandemic began, when only a quarter stated the identical (26 %).
It has positively been a really powerful 12 months for many Individuals, and so many people are desperately hoping for a serious turnaround in 2022.
However that isn’t going to occur.
It has taken a long time of exceedingly silly selections to get us up to now, and an unbelievable quantity of ache awaits us as we proceed to steamroll down the trail that we’re at present on.
Biden, Pelosi, Schumer, Powell, Yellen, Fauci and all of our different “leaders” in Washington are completely clueless.
And when you truly consider that they will navigate us out of this mess, you might be clueless too.
The blind are main the blind, and most Individuals don’t even notice that they’re main us proper right into a horrifying financial abyss.