Mother Of All Supply Shortages!!

“The Mother of All Supply Shortages is Coming”!   Headline.   China to blame according to Bloomberg.   The story is making its waves thru liberal & conservative channels with the threat source – Bloomberg.   But the story is faulted and bears a closer look at exactly who is responsible and why. 

“China Finds Omicron in Another Port City Further Threatening Supply Chains” ~ Boston Globe.   That would be 1 case.   Yes.   One case of Omicron In a city of 7 million.

In 2021, China posted it’s largest trade with the US in history!   According to trade data from China, the bulk of that rise was a direct result of Pandemic supplies.   While the US was beleaguered by shipping container shortages, trucking mandates, port closures, and supply shortages in 2021, China was making huge profits.   If in fact China is and was responsible, then their trade profits would reflect those delays and shortages as well.   That didn’t happen. Why?

China is expecting slower growth for 2022 – as a direct result of the disappearance of the Pandemic and related supplies all made in China.   Including those N-95 masks now required by the CDC.

And while the Biden Handlers, which likely includes Mr Mikey Bloomberg, are doing everything in their power to destroy the US economy, China is busily making trade friends with the Middle East and now India.   As in, ‘keep your friends close, but your enemies closer’.   China recognizes nationalism within a bloc of trade partners is key to growth – and survival.

Note:   Bloomberg has offices in both Beijing and Shanghai. Having radically expanded in China over the last decade, they offer Chinese language professional services and subscriber news.   Self Citing:   “Bloomberg is the most trusted source of information for professionals and businesses”.    A)   Trusted – not accurate or factual, but trusted.   B)   Trusted.   Prove it.

Supply Shortages are created by the country having the shortage, ie, US, Australia, Canada, and EU.  

The shortages in nearly every industry are due to exactly one cause:   vaccine mandates. Lift the mandates – no more shortages.   Biden’s private mandate was struck down but some suppliers continue to mandate their workers privately.   Workers leave for greener pastures, and suppliers blame China.

The ‘Greater Demand’ explanation that the US kept pandering as the cause of supply shortages was a fabricated lie.   There was only ONE greater demand, Pandemic supplies.   Therefore, ships were prioritized according to their load – everything Pandemic docked, everything else languished.

China’s zero CoVid mandate continues to disrupt cities, partial city lockdowns are instituted when a CoVid case is diagnosed.   Yet headlines continue to make ‘assertions’ instead of relaying ‘facts’:   port at risk – congestion – may cause – could result in – could cause blow.    The headlines play word games once reviled by manufacturers marketing techniques:   20% better – better than what?

When searching these supply shortage  headlines they all have two specific dates attached – August 2021, and January 2022.   Nothing in-between.   The point?   Fear mongering in order to destabilize and support panic.   If China’s ports were shuttered extensively in August 2021, why did China post largest trade surplus ever over 20% for the year?

Yet, there is one headline that would have some truth behind it although the cause is fiction:
“Major Manufacturers Are Shutting Factories”.   I did find one – Canon.   The reason they have given is because no one is buying old school cameras any longer.   But the Newswire that supplies the same story across the entire grid of media claims Nike, Adidas, Volkswagen, and Samsung ‘suffer massive production problems’.   So I tested that claim and found this useful truism:

“In 2019 Samsung had ceased to make mobile phones in China, the company revealed on Wednesday. The company has been withdrawing from handset manufacturing in the country for a while now as its position in the Chinese market is not strong, whereas business conditions are better elsewhere.

Samsung used to run multiple phone manufacturing facilities in China. About a year ago, the company shut down its plant in Tianjin, then it closed its plant in Huizhou in mid-2019. Recently, the world’s No. 1 maker of smartphones ceased production of handsets in another factory in Huizhou. Equipment used at its facilities in China was relocated to plants in other countries, such as India and Vietnam.”

Samsung doesn’t exist in China any longer having pulled out over 2 years ago!  SO yes – that would be a ‘production problem’ I suppose.

Adidas & Nike ‘production problems’ were actually boycott problems reported by Bloomberg in 2021 extensively. “A boycott by mainland Chinese consumers of international brands that have taken a stand against the treatment of Muslim Uyghurs in the Xinjiang region has taken a toll on Adidas and Nike brands.”

Lastly, the empty shelves posted from one grocery store in Canada had absolutely NOTHING to do with a supply shortage.   Canada had a monster snow storm approaching and the trucking union pulled all truckers from the roads until they could be cleared.   End of Story.

Jumping on the Bandwagon of these fake stories that promote a flawed if not corrupted picture of reality does no one any good at all.   Including the media.   It is true there is a shortage of truck drivers, exasperated by vaccine mandates. But that shortage has existed for over a decade and did not shutter our economy.

What IS shuttering our economy is manipulated data, manipulated news, manipulated Pandemic fears, and manipulated container shortages. The cost of shipping across all means is expected to continue to rise in 2022, not because of supply and demand – but because of inflation and forced wage hikes.

This is why researching instead of simply glomming onto Headlines is imperative!

MacArthur Foundation: A Marxist Regime Change

The MacArthur Foundation is heavily entrenched in supporting the Great RESET and One World government.   In reading their various ‘commitments’ on the website, it is interesting to see how they view the world’s problems:

They List 4 areas of Work:

Justice System:   Working to address over-incarceration and racial and ethnic disparities by changing the way America thinks about and uses jails.

Climate Change: Working to ensure that the Earth stays well below a two-degrees Celsius temperature increase to avoid catastrophic global effects

Nigeria:   Reducing corruption by supporting Nigerian-led efforts that strengthen accountability, transparency, and participation.

Nuclear Challenges: Seeking a stronger and more diverse nuclear field through a three-year, $30 million capstone investment

The thing is – their Financial Statement Form 990 would seem oddly different.   Some might say hypocritical.   Asset accumulation as of 2019 (the last time they filed) revealed a whopping $6.5 billion on excess revenues of $313 million for the year(having spent just 50% of their annual 2019 revenues).   Of that 50% in expenses – $50 million was spent on salaries & pensions, $17 million on other professional fees, and $80 million on operating expenses.

In terms of meeting their 4 stated goals they made ‘Loans’ to organizations in the gross amount of over $14 million, the terms of which are not provided.  

Of the professional fees, $1.4 million went to an all female organization which defines itself as ‘providing thought leadership’. Another organization claims its existence is to ‘improve the human condition’. But according to their official website their services are defined as ‘data science’, ‘data collection’, and ‘data analysis’. They too were paid over $1.4 million.

Mexican Human Rights & Midwifery organizations, ie abortions, received a substantial bulk of contributions.   Over $14 million was distributed to various investment funds to buy distressed properties in southern US, the Bay area, Maine, and Boston, with Harvard a noted ‘business agent’.  And this is a tax exempt foundation mind you –

$5 million for ‘food policy research’ (that is rather hilarious),  $5 million to a Donor Advised Fund that is heavily aligned with China, $5 million to the Obama Foundation, and an oddity of funds poured into Russia in support of the Navalny coup campaign.   But the piece de resistance was the whopping $25 million+ for the Sesame Workshop.

Sesame Street. The program that has catapulted much criticism for their wokism and political fray into propaganda targeting children up thru age 8.

Big Bird tells young kids to ‘get vaccinated’ and CNN advanced the cause!   Conservatives tuned out when the show simply lost its innocence altogether and turned into another rag of bones with viewership in communist China. Eric Boling made the communist manifesto declaration in 2016.

Foundations have become political, money hording organizations that circumvent taxes while promoting the manifesto of The Great RESET.   Hitler’s manifesto was quite similar in that he understood that in order to be the global power one must gain influence of youth of all ages.   But in the 1930’s the media had yet to rise to the self infused significance that has exalted it as of today.

Marxist communism owns the vast liberal entity called Hollywood.   Twitter abounds with paid Hollywood content from such users as cookie monster Allysa Milano, don’t mess with raging Messing, and the defunct DeNiro. DeNiro’s last movie which he co-produced and starred in received ‘universal critical acclaim’ while raking in $8 million in revenue on a $250 million budget.   It TANKED.   Obviously the critical critics were paid handsomely for their critiques of a movie that bored the relatively small audiences.  They did go overboard – likely as a result of their Chinese handlers comparing the quality of the film to Renoir (younger brother of the painter), and Bergman.   I wonder what China thought?

The power of conservatives!  Do NOT despair.  

Milano cookie’s last movie was in 2018, Little Italy, and scored a whopping 13% on Rotten Tomatoes while reeling in $987,000 in revenue and was widely mocked as the worst movie ever. And messy Messing?  Her last movie was released in 2020 – virtually – and apparently any financial catastrophic information is deemed NOT transparent.   The movie was about Big Foot.

These are the paid icons of the CCP who routinely post derogatory statements against conservatives, Trump, capitalism, and all things anti-Jinping.   Their souls have been consumed.

The MacArthur Foundation Board consists of:  a professional board governor, that’s all she has ever done, a dean, a former CO for Inter-American Development Bank who eliminated poverty in Latin America, a guy from the Rockefeller Foundation who is a healthcare Tech, 2 Harvard professors, an advisor at New America and a “Senior Partner at McKinsey & Co”!

Well lawdy, these are the people who want to destroy the United States of America!   In order to escalate a Marxist Totalitarian Regime –

Interesting note:   The ancestors of the Anasazi natives believed that when their ancestors stepped outside of the sipapu, a hole in the floor of a kiva, they emerged from the underworld and changed from lizard-like beings into human form Anasazi means ‘ancestors of our enemies’.    MacArthur Foundation might just fit that description…

The Economy is Tanking? And we’re debating Trump?

Ukraine is mired in corruption, fraud, strife, a failed economy, war, hatred and poverty. So what are they doing about it? They are passing a bill lickety split that says it is a crime to call Russia – Russia. The sanction? A fine of nearly $3000. With the average wage in Ukraine coming in at a measly $200 per month, the fine would not be remotely collectible and result in the creation of ‘debtors prison’. Remember the British? What an imbecilic waste of time and energy.

The media continues to blame Russia for all of Ukraine’s problems including their economic woes, their internal corruption, their inability to forge anything worthy of acknowledgment. Blame is the new agenda. It has blossomed into a global thorny bush that has no flower to soften its prick. It was the Obama agenda the moment he began his initial campaign. It is the GOP agenda, the Hillary agenda, the UK, the German, the Canadian fallback for all things less than wonderful.

Ukraine’s Poroschenko has asked for the resignation of the Prime Minister, Yatsenyuk, but he has apparently refused and powers forward with the cure all formula to the Ukraine crisis – make the word Russia – a criminal act.

In our own lands of freedom we see Obama hailing the heroine author of To Kill A Mockingbird, while simultaneously snubbing the funeral of one of our Chief Justices, Scalia.

We watch as Turkey invades Syria and say nothing. We give the Hillary corruption a green light as she forges forward in her bid to become President while knowingly falsifying information, data, records, taxes, Foundation policies, etc… and these boots they keep on walking – walkin’ all over you…

Obama has managed to create the worst cooperative atmosphere in the US in history, the worst foreign relations, the most rhetoric, and a division within the population reminiscent of the Civil War!

And within this midst of madness, we are not paying attention to the economy.

The demand for large and medium sized industrial and commercial loans has plunged into negative territory. Manufacturing is contracting and the wealthy are dumping their real estate. The outlook for growth in the EU is feeble and we still blame the fall on China. China propped us up!

So while we are distracted with rambling politics in the US, refugee crises in the EU, energy prices in the proverbial twalette, and fabled vaccine crises, we have failed to pay attention to the picture at large – the economy. In all, Germany, France, Canada, the US, the UK, Brazil, Italy and Japan have all had their economic outlook downgraded by the OECD for 2016.  That is not a good thing!

With zero interest rates, low inflation, a crumbling market, consumer confidence tanking, and faith taking a dive, insurance companies have quietly upped their cost for bank defaults implying that anticipation of more bailouts is rising.

Austerity programs have proven less than fruitful as they are continually adjusted and readjusted as countries slide and the mark is passed. Instead of informing us of our circumstances, the media is filled to the brim with stories about entertainers, who said what when, who showed a lot of skin, and a smörgåsbord of banal information to keep us in the dark.

In 2014 when oil began its perilistic descent, the Wall Street Journal was quick to claim that the trough would be good for the global economy. Obviously, that has not been the case.

What can be done?

The UN and OECD believe that greater government intervention into the economy is necessary in order to boost the stagnant to declining growth. They state that more investment in infrastructure, education and social sectors is the ticket. And while private equities did take advantage of the low interest rates, instead of using the funds to grow and expand, they used the money to buy back shares of stock, further contracting growth.

But does that work in actuality? The IMF approved over $15 billion in loans to Ukraine, and ‘forgave’ its debt to Russia. Nothing changed. In fact the economy of Ukraine is worse than ever. The IMF’s largest outstanding committed loans are for; Portugal, Greece, Ireland and Ukraine. Portugal and Greece remain in austerity with little positive change in their economic outlook and actually some expanding negative.

So maybe, just maybe the theory behind the OECD, the UN and the IMF is simply – wrong. From a simplistic standpoint if an individual were in debt and default and they went to a financial advisor, I doubt the advice would be to simply borrow a whole lot more…and that would solve the problem. The advice is and always has been – cut costs, reduce debt, create a budget that is balanced and attainable, and expand spending gradually commensurate with income. While it is simplistic, the incentive for individuals is high while the incentive for businesses and government to abide by these same rules is unfortunately low.

And so we are left with one word – incentivize. Providing incentives, as well as consequences. What is the carrot? Because right now – there is nothing.

China Devaluation – a global savior?

The Chinese cut the valuation of the Yuan. It was devalued by 1.9% yesterday and 1% today. So, why is this important, are they a demon or savior?

The yuan spiked in 1994 at 8.73 and remained level for about eleven years until 2005. Since then, the government has used devaluation to stabilize it’s market and stimulate growth. And by all accounts, it has worked. China’s economy has burgeoned, and investors around the world have reaped the rewards. So why all the hubbub? It’s certainly not the first time…

The US has placed pressure on China numerous times when the threat of a currency war seemed real. From 2009 through 2010, China allowed appreciation, allowed depreciation, and then agreed on a settlement value. But in 2013, a new player in the war emerged as Japan sought to devalue its currency in order to encourage a better export market. In 2014 it was Germany and in 2015 it was the European Central Bank.

Each time, the rhetoric surrounding the devaluation depends on the global reputation of the country (friend or foe) more than anything relevant. China is perceived as a bad guy and thus when they commit the same move in the currency game, the world cries foul!

But someone was playing the China market, there were rumors of manipulation, then the gold market was hit, again rumors of manipulation given China is heavily invested in gold. Were there forces trying to bring down China’s economy? Perhaps. And perhaps the government saw the next play as a potential Soros styled currency devaluation. Maintaining control would then be imperative. A controlled devaluation cut Soros out of the picture – quickly and succinctly. Baddaboom!

In addition, there are a multitude of outside factors to consider: the decision by China to allow Russia to trade in rubles instead of dollars, the collaboration of Russia, India, China and most of South America, the demand that China be placed in the monetary basket of currencies with US, Japan, Korea and Euro. Add to the mix reports of high supply of oil, more to come as Iran sanctions are lifted, hence lower oil prices, and you have a country that is adjusting to the new global economy.

While the dollar has been strong, US exports have fallen sharply in the last year and could see even greater pressure with the devaluation of the Yuan. So what are we doing?

In a Whitehouse report submitted December 9, 2010, Obama stated that he will achieve the goal of, “Creating Jobs and Growth by Doubling Exports by the End of 2014: Already, the Obama Administration’s efforts to boost trade and exports are producing results. The U.S. remains on pace to double exports, continuing to exceed the 15% annual growth rate required to reach the President’s goal by 2014.”

So let’s take a looksee:

united-states-exports

Nope. October 2014 to March 2015 saw a rollercoaster downhill ride. And our current account to GDP is -2.4%.

So why are we upset? Because the China move will not help elevate Obama out of the rut and in fact may deepen it. What is the US doing to increase exports? They are using as a time frame the low point in the curve compared to the slight increase to create a statistical sample. The same statistical manipulation we continually see as time frames are utilized to create a false truth.

As in the White House report, if exports create jobs, declining exports cost jobs. Who is laying off? Chevron, Disney, Shell, A&P, AmericanExpress, Amazon, BP, Royal Dutch Shell, Microsoft, Intel, Novant Health, Blue Cross, to name just a few.  Who stands to lose most from the devaluation? Automobile makers and chip makers.

But in the greater picture is China’s move a bad one? No. China’s export and import markets had both declined by over 8%. Their role in the global economy is a link to stability.  If their economy were to track down, we would all likely follow. And then we’d be blaming them for not doing something proactive…