(News Editors) It was last August when Jerome Powell began to admit that inflation just might be a problem. But even then, he was only willing to say that inflation would likely be “moderately” above the arbitrary 2 percent inflation standard. Back in August, low inflation—not high inflation—was still perceived to be the “problem.” But things had certainly changed by late November when Powell was forced by reality to retire “transitory” as the preferred adjective to describe price inflation. At that point, the Fed began strongly hinting that it would finally do something to rein in price inflation. But exactly when that might happen remained anyone’s guess.
collapse
Maryland and Georgia Suspend Gas Taxes, Other States To Follow in Effort To Hide Biden’s Inflation
(Mary Villareal) Maryland and Georgia have halted their collection of gas taxes in an effort to hide the effects of Biden’s inflation from the American people.
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Globalists Need War To Enforce the “Great Reset”
(Kevin Hughes) The Wuhan coronavirus (COVID-19) pandemic has achieved its intended purposes of killing millions of people and wrecking the economies of countries all over the world. People have to remember that part of the globalist agenda is population control, and it is one of the purposes of everything that is happening right now in the world.
Bank Runs Begin in Russia, Serving as a Reminder for ALL People To Question the Stability of All Banks Around the World
(Lance D Johnson) Bank runs have already begun in Russia. The Russians are flocking to the banks and ATMS, as Russian banks are cut off from The Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.). This international system is the main messaging network by which banks process financial transactions worldwide. Global institutions are targeting Russians at a rapid pace. Entire banks are being “canceled” in Russia, and the citizens there will ultimately be the ones who suffer.
Getting Professional Medical Care After an Economic or Societal Collapse
(J.G. Martinez D) One of the main concerns of the responsible caregiver/parent is to protect the health and well-being of our loved ones. And a large part of our ability to do that derives from our ability to get proper medical attention. In a SHTF situation, this is even more important. Do you know how to get professional medical after an economic collapse? Do you know what to do?
Bridge Collapses in Pittsburgh, Resulting Is Daring Rescue Efforts, Ahead of Biden Visit to City
(Just The News) Accident occurred about two hours before President Biden was set to visit the city
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Bed Bath Beyond Bet on China and Lost: After Kicking Mike Lindell’s MyPillow to the Curb, Chain Losing Money and Closing Stores
(JD Heyes) U.S. corporations who are prostituting themselves out to China are learning the hard way that choosing the communist regime over American-based businesses just because they don’t like their politics is a costly mistake.
Trucking Industry Is Short 80,000 Truck Drivers Amid Supply Chain Crisis
(Divina Ramirez) The American Trucking Associations (ATA) claimed that the trucking industry is short by a record high 80,000 drivers, which is 30 percent more than before the Wuhan coronavirus (COVID-19) pandemic when the industry faced a shortage of 61,500 drivers.
Doomsday Bunker Business Is Booming Due to Growing Plandemic Rebellion
(Ethan Huff) Atlas Survival Shelters CEO Ron Hubbard put out a video recently in which he warned that there is currently a mad rush among the elite to secure for themselves survival shelters.
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Over 100,000 Workers Are Currently on Strike and Could Collapse the Economy, but Biden Is Doing Nothing To Reactivate Productive Members of Society
(Arsenio Toledo) More than 100,000 American workers are currently on strike – a culmination of nearly two years of labor unrest that started when the government forcibly shut down entire industries in early 2020. But instead of helping resolve the labor disputes and keep the economy from crashing, President Joe Biden is standing on the sidelines.
Small Businesses Unable To Cope With Increased Prices Caused by Port Congestion
(Arsenio Toledo) Small businesses are feeling the brunt of the congestion in America’s ports and supply chains. While larger corporations are expanding their operations to keep up with demand, smaller businesses can’t scale up their services and are being left in the dust.
Supply Chain Crisis, Shortages, Price Hikes to Continue Well into 2022: Report
(Lance D Johnson) Top economists at Goldman Sachs now warn of upcoming food shortages, price hikes and an ongoing supply chain crisis that will continue well into 2022. If no solution is found, the supply chain crisis could continue into 2023, affecting the availability of food and other goods, while driving prices up steadily, month after month.
California’s Environmental and Truck Laws To Blame for Supply Chain Crisis – Social Media Posts Go Viral
(Mary Villareal) Don Helms, the owner of North Idaho RV Rentals, went viral on social media when he blamed the changes to labor laws and California’s strict environmental laws for causing supply chain woes.
Container Ship Gridlock in California Causing Fires, Oil Spills
(Cassie B.) As the Pacific Ocean continues to fill up with container ships, rough weather conditions and human error have led to a rise in accidents at sea involving these vessels.
Food Inflation in the US about to Reach a Tipping Point
(Arsenio Toledo) Food inflation in the United States is reaching a tipping point. If the prices of food in groceries go up any further, industry executives warn that consumer spending habits may change.