The supply chain crisis caused by entire countries shutting down for months over a virus that had a 99.5 percent survival rate is now being exacerbated by the war in Ukraine and new lockdowns in some producer countries, and is now causing some countries so much economic stress they are defaulting on their debts. Sri Lanka, … Continue reading Governments on road to collapse as global supply chain crisis, inflation worsen; Sri Lanka now suspending foreign debt payments
Between hyperinflation and World War III, most of humanity doesn’t stand a chance
As the world inches closer towards another world war, food shortages, social unrest, and hyperinflation are following suit. And when all is said and done, much of the world’s population will likely not make it. Ever since Russian President Vladimir Putin invaded Ukraine, the stability of the global economic climate has gone off a cliff. It … Continue reading Between hyperinflation and World War III, most of humanity doesn’t stand a chance
US faces shortages of various major consumer goods like chicken, gas, lumber and microchips in post-pandemic economy
As America and the rest of the world continues to resume normal operations after the coronavirus (COVID-19) pandemic, businesses across the country struggle to acquire major consumer goods like chicken, lumber and microchips. The pandemic also resulted in countless reports of shortages across the supply chain, from shipping, demand, supply and other levels of the global economy. Food supplies: … Continue reading US faces shortages of various major consumer goods like chicken, gas, lumber and microchips in post-pandemic economy
