(Penny Starr) Summer heat, shuttered power plants, and a clogged supply chain are creating a strain on the U.S electric grid, which regulators say could mean blackouts from the Great Lakes to the west coast over the summer.
Supply Chain Crisis
Bullwhip Effect Ends With A Bang: Why Prices Are About To Fall Off A Cliff
(Zero Hedge) It was exactly a year ago, when Deutsche Bank strategist Luke Templeman said that amid the panicked scramble by US wholesalers to stock up on scarce inventory as a result of snarled supply chains, it was only a matter of time before the US economy was roiled by a “bullwhip” (or whiplash) effect.
Sri Lanka Will Run Out of Fuel This Week, New Leader Says
(Cullen Mccue) The island nation is on the brink of collapse over an existential, years-long economic crisis.
Rioters Burn Sri Lanka Leaders’ Homes Amid Economic Crisis
(Cullen McCue) Over 50 homes belonging to Sri Lankan politicians were torched in a night of deadly unrest.
Democrats in DC and California Are Single-Handedly Making the Supply Chain Crisis Worse
(Joe Hoft) Americans and American companies are dealing with supply chain issues. They can’t get the parts or supplies needed to perform their jobs. This is due in large part to insane Democrat policies at the federal and state levels.
Georgia Governor Declares State Of Emergency Over Supply Chain Crisis
(Madeleine Hubbard) Georgia Gov. Brian Kemp (R) declared a state of Emergency on Thursday in response to a continuing supply chain crisis.
Billionaire Supermarket CEO Sees Increase in Grocery Prices As Omicron Worsens US Supply Chain Crisis
(Matthew Davis) Disrupted by the omicron variant, the United States supply chain crisis is expected to worsen resulting in an increase in grocery prices. Billionaire John Catsimatidis, chief executive officer of New York City-based chain of supermarkets Gristedes, said omicron is taking its toll on the supply chain, which will lead to low supply in the face of high demand.
Trucking Companies Sound Alarm, Say Canada’s Draconian Vaccine Mandate for Cross-Border Truckers Will Devastate Economy
(JD Heyes) Trucking organizations are echoing warnings from individual haulers and trucking companies that vaccine mandates for drivers on both sides of the U.S.-Canada border are going to devastate economics and come at a time when the supply chain crisis continues to leave shelves bare in grocery and retail stores.
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.
Global Supply Chain Crisis Expected To Last Another TWO YEARS
(Arsenio Toledo) Experts have warned that the global supply chain crisis could last another two years if world leaders do not act immediately.
Shortages Are Getting Worse As The Global Supply Chain Crisis Enters An Ominous New Chapter
(Michael Snyder) All of the shortages were supposed to be gone by now. During the first half of 2021, the blind optimists were assuring us that by the end of the year the pandemic would be over, the spike in inflation would have proven to be “transitory”, the global supply chain crisis would be resolved, and the U.S. economy would be booming. Of course the truth is that none of those things happened. In fact, overall conditions are even worse than they were six months ago. Now we are heading into 2022, and even the optimists are finding it difficult to say anything positive about the coming year.
Christmas Tree Prices Surge Up To 30% Due To Supply Chain Crunch, Shortage Of Truck Drivers
(Cullen McCue) Christmas tree prices are surging as suppliers are struggling to meet demand. Supply chain issues, extreme weather and a growing shortage of truck drivers amid fears of mass firings due to Joe Biden’s vaccine mandate has led to higher prices for both real and artificial trees. Tree prices have spiked upwards of 30%, industry officials told the AP.
President Biden Threatens to Throw Supply Chain Crisis Into Further Chaos with Another Federal Vaccine Mandate
(Kyle Becker) President Biden has once again lied about not issuing federal vaccine mandates and threatens to throw the U.S. supply chain into further crisis by requiring that “essential, nonresident travelers crossing U.S. land borders, such as truck drivers, government and emergency response officials” be “fully vaccinated” for Covid-19 by January 22.
Biden Tries to Explain the Supply Chain Crisis and It Goes Horribly Bad
(Abby Liebing) The supply chain has been suffering ever since COVID-19 started, but now consumers are becoming keenly aware of the crisis as grocery store shelves remain empty and the holidays approach.
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.