~ “updates on the insane world of money and power” ~
This Supply-Chain Thing Is Way Worse Than It Looks
By ERIK at neverhadaboss.com - 06 November 2021
Being a big-rig trucker is a tough job -- and getting tougher. They can make more than $70,000 a year if they are willing to work themselves to death. If they want to be independent, a new 18 wheeler costs $250,000, and who writes that loan in an atmosphere where fossil-fuel burners are looked upon as “domestic terrorists”?
When Biden promises a 24/7 ‘supply chain’ remedy for congested ports -- that's like appointing a commission to get 50MPG [miles-per-gallon] from a big-block Chevy -- not gonna happen.
The problem with US ports is similar to the problem of hospital ICU beds -- just enough to cover day to day. At ports, independent truckers spend hours in lines with company drivers, to get into port, to get a load, then line-up to get out. Independents are NOT PAID by the hour -- but the load. With three lanes of trucks to unload five lanes of cargo, and one crane where three are needed, and not nearly enough trailers, independents stay away. As for returning the containers, there's nowhere to put them -- they get left along the road.
Adding to the mess, 50% of truckers are ‘unvaxxed’, paralyzing transport companies subject to Biden's mandate (for companies having more than 100 employees). And, because of Covid, truck-driver training schools have been shut down. Also, many trucks are sidelined because parts and service are difficult to come by. And, if that isn't enough problems, 91,000 drivers were let go because of substance-abuse regulations. Mostly for smoking pot. With restrictions on non-union drivers and all the rest, flotilla harbor chaos will persist -- 24/7.
But, there may be more significant problems with supply-chains than backup at the ports. Consequences of the problem are everywhere. Tonight I tried ordering tires for my motorcycle and for my VW. For the bike tires I had to leave an email address and they will let me know. But, are my tires on those cargo ships -- do my tires even exist?
We hear about SUPPRESSION of precious and industrial metals on the exchanges, but unless we are ‘hip to the jive’, we don't get how a PAPER MARKET can have much influence on price. People need silver, right? It's supply and demand and when they need silver there is no way to keep the price down? Sounds good? If only that were true.
[‘hip to the jive’ means understand what one is doing, or agree to one's actions or words -- an American English phrase from the 1960s Beatnik era-speak. In this context: hip = knowledgeable; jive = nonsense, or a lie or lie to. So ‘Don't jive me’ = Don't lie to me or don't fool around with me]
EXCHANGES, such as COMEX and others, function for elite benefit. Profit there is made by selling whatever it is -- SHORT -- and knowing only a few buyers will demand delivery.
It's a rudimentary but effective money game to sell SHORT and push DOWN commodity prices, controlling and everything mined and drilled -- WITHIN PAPER MARKET CONFINES.
WHAT are the consequences? over decades of commodity price suppression, when the price of a commodity does not allow profit from mining operations, investors are unwilling to invest in commodity ventures, resulting in less exploration, few start-ups, and less commodities with which to manufacture goods. In the end -- less products.
What that means for those tires I hope are sitting out in Long Beach Harbor, is they may not exist. That's equivalent to a ‘no offer’ for precious metals. There are ‘bids’ (orders), from those of us who want the tires, but ‘nonexistent’ tires are not being offered.
This is why landlords, with hundreds of apartment units, are leasing large warehouses and buying all the apartment-grade appliances they can get. Do these guys know something -- maybe next year appliances will cost twice as much -- if you can get them?
The actual problem has less to do with ‘supply chain’ than with supply itself. A fear-mongering, petty-tyrant campaign, successfully waged by the elite to promote ‘vaccines’ combined with ‘vaccine protocol’, has served to convince ‘plebes’ that the virus is ‘FOREVER’. Even after it becomes as lethal as a common-cold, they will go about masked-up outdoors, and indoor production jobs will be seen as something to fear and avoid.
The basic issue is with the dollar. Each of the factors in this article puts more strain on the dollar, and, as if that weren't bad enough, the ‘carrot’ the US offered the world for agreeing to participate in our Petrodollar Reserve Currency -- ‘PROTECTION’, is questionable after our Middle East debacle. Former ally Saudi Arabia look to Russia for protection, weapons, and missile defense. The world now sees Three Protectors: Russia, China, and the United States. For the first time since WORLD WAR TWO the US is no longer alone at the top.
It took decades of United States phony money printing, while losing its manufacturing base, to get us to this point, but now the result is becoming apparent. Just as Biden has made a mess of our nation over ten months, the consequences for stagflation [stagnation + inflation] and possible hyper-inflation are moving along an ‘exponential curve’ -- to where Americans are beginning to take shortages and price hikes as non-transitory and something expected.
We may lack the imagination for what is coming. With shortages of raw materials and components, as well as a difficult to locate, expensive workforce, firms are passing along cost increases to an already cash-strapped America. Meanwhile the Fed blathers about TAPERING, but to a trained ear it's mandating 250MPG from that big-block Chevy.
The syndrome we face may be one of ongoing dollar creation with nothing to buy. When less products are offered for sale, prices rise. It's a vicious cycle, one that could have been anticipated if the powers that be (TPTB) were on our side. The Fed instead sowed seeds of destruction, resulting in price suppression shortages, while adding layer upon layer to a mountain of debt -- which becomes the US taxpayer balance sheet.
WHAT will be the CONSEQUENCES for the United States, the world's biggest debtor nation? Sooner, rather than later, the purchasing power of the dollar, because of shortages, Covid lockdowns, etc., will fall as dramatically as Biden's popularity.
Gresham's Law will become the ‘law of the land’. Gresham informs that when we get to economic (herd immunity), and enough of us realize the last thing we want to hold is dollars, we trade them for anything real. Is our last chance to buy silver/gold ending?
I did it today -- 100 silver ounces. And 6 Pirelli ties (I found them). Biden's fix for the supply chain is to bring in the military. Biden and stupid Prince Charles -- posing with his hand in his pocket, going on about how me need a more militarized approach to things. Why does a crisis bring out Tony Blair, Prince Charles, Bill Gates, Anthony Fauci -- from under a rock?
* * * * *
With concern over the silencing of writers who challenge the established narrative, and who are being de-platformed for questioning, except for a sampling, I am no longer posting my articles: ‘updates on the insane world of money and power’, on neverhadaboss.com. My newest articles, which come out every two or three days are available at no cost with a request to be added to my email list: [email protected].
Alternatively readers can read at the Jim Sinclair's MineSet - General Editorial section:
This Supply-Chain Thing Is Way Worse Than It Looks
By ERIK at neverhadaboss.com - 06 November 2021
Being a big-rig trucker is a tough job -- and getting tougher. They can make more than $70,000 a year if they are willing to work themselves to death. If they want to be independent, a new 18 wheeler costs $250,000, and who writes that loan in an atmosphere where fossil-fuel burners are looked upon as “domestic terrorists”?
When Biden promises a 24/7 ‘supply chain’ remedy for congested ports -- that's like appointing a commission to get 50MPG [miles-per-gallon] from a big-block Chevy -- not gonna happen.
The problem with US ports is similar to the problem of hospital ICU beds -- just enough to cover day to day. At ports, independent truckers spend hours in lines with company drivers, to get into port, to get a load, then line-up to get out. Independents are NOT PAID by the hour -- but the load. With three lanes of trucks to unload five lanes of cargo, and one crane where three are needed, and not nearly enough trailers, independents stay away. As for returning the containers, there's nowhere to put them -- they get left along the road.
Adding to the mess, 50% of truckers are ‘unvaxxed’, paralyzing transport companies subject to Biden's mandate (for companies having more than 100 employees). And, because of Covid, truck-driver training schools have been shut down. Also, many trucks are sidelined because parts and service are difficult to come by. And, if that isn't enough problems, 91,000 drivers were let go because of substance-abuse regulations. Mostly for smoking pot. With restrictions on non-union drivers and all the rest, flotilla harbor chaos will persist -- 24/7.
But, there may be more significant problems with supply-chains than backup at the ports. Consequences of the problem are everywhere. Tonight I tried ordering tires for my motorcycle and for my VW. For the bike tires I had to leave an email address and they will let me know. But, are my tires on those cargo ships -- do my tires even exist?
We hear about SUPPRESSION of precious and industrial metals on the exchanges, but unless we are ‘hip to the jive’, we don't get how a PAPER MARKET can have much influence on price. People need silver, right? It's supply and demand and when they need silver there is no way to keep the price down? Sounds good? If only that were true.
[‘hip to the jive’ means understand what one is doing, or agree to one's actions or words -- an American English phrase from the 1960s Beatnik era-speak. In this context: hip = knowledgeable; jive = nonsense, or a lie or lie to. So ‘Don't jive me’ = Don't lie to me or don't fool around with me]
EXCHANGES, such as COMEX and others, function for elite benefit. Profit there is made by selling whatever it is -- SHORT -- and knowing only a few buyers will demand delivery.
It's a rudimentary but effective money game to sell SHORT and push DOWN commodity prices, controlling and everything mined and drilled -- WITHIN PAPER MARKET CONFINES.
WHAT are the consequences? over decades of commodity price suppression, when the price of a commodity does not allow profit from mining operations, investors are unwilling to invest in commodity ventures, resulting in less exploration, few start-ups, and less commodities with which to manufacture goods. In the end -- less products.
What that means for those tires I hope are sitting out in Long Beach Harbor, is they may not exist. That's equivalent to a ‘no offer’ for precious metals. There are ‘bids’ (orders), from those of us who want the tires, but ‘nonexistent’ tires are not being offered.
This is why landlords, with hundreds of apartment units, are leasing large warehouses and buying all the apartment-grade appliances they can get. Do these guys know something -- maybe next year appliances will cost twice as much -- if you can get them?
The actual problem has less to do with ‘supply chain’ than with supply itself. A fear-mongering, petty-tyrant campaign, successfully waged by the elite to promote ‘vaccines’ combined with ‘vaccine protocol’, has served to convince ‘plebes’ that the virus is ‘FOREVER’. Even after it becomes as lethal as a common-cold, they will go about masked-up outdoors, and indoor production jobs will be seen as something to fear and avoid.
The basic issue is with the dollar. Each of the factors in this article puts more strain on the dollar, and, as if that weren't bad enough, the ‘carrot’ the US offered the world for agreeing to participate in our Petrodollar Reserve Currency -- ‘PROTECTION’, is questionable after our Middle East debacle. Former ally Saudi Arabia look to Russia for protection, weapons, and missile defense. The world now sees Three Protectors: Russia, China, and the United States. For the first time since WORLD WAR TWO the US is no longer alone at the top.
It took decades of United States phony money printing, while losing its manufacturing base, to get us to this point, but now the result is becoming apparent. Just as Biden has made a mess of our nation over ten months, the consequences for stagflation [stagnation + inflation] and possible hyper-inflation are moving along an ‘exponential curve’ -- to where Americans are beginning to take shortages and price hikes as non-transitory and something expected.
We may lack the imagination for what is coming. With shortages of raw materials and components, as well as a difficult to locate, expensive workforce, firms are passing along cost increases to an already cash-strapped America. Meanwhile the Fed blathers about TAPERING, but to a trained ear it's mandating 250MPG from that big-block Chevy.
The syndrome we face may be one of ongoing dollar creation with nothing to buy. When less products are offered for sale, prices rise. It's a vicious cycle, one that could have been anticipated if the powers that be (TPTB) were on our side. The Fed instead sowed seeds of destruction, resulting in price suppression shortages, while adding layer upon layer to a mountain of debt -- which becomes the US taxpayer balance sheet.
WHAT will be the CONSEQUENCES for the United States, the world's biggest debtor nation? Sooner, rather than later, the purchasing power of the dollar, because of shortages, Covid lockdowns, etc., will fall as dramatically as Biden's popularity.
Gresham's Law will become the ‘law of the land’. Gresham informs that when we get to economic (herd immunity), and enough of us realize the last thing we want to hold is dollars, we trade them for anything real. Is our last chance to buy silver/gold ending?
I did it today -- 100 silver ounces. And 6 Pirelli ties (I found them). Biden's fix for the supply chain is to bring in the military. Biden and stupid Prince Charles -- posing with his hand in his pocket, going on about how me need a more militarized approach to things. Why does a crisis bring out Tony Blair, Prince Charles, Bill Gates, Anthony Fauci -- from under a rock?
* * * * *
With concern over the silencing of writers who challenge the established narrative, and who are being de-platformed for questioning, except for a sampling, I am no longer posting my articles: ‘updates on the insane world of money and power’, on neverhadaboss.com. My newest articles, which come out every two or three days are available at no cost with a request to be added to my email list: [email protected].
Alternatively readers can read at the Jim Sinclair's MineSet - General Editorial section:
