Workers who make the global supply chain function are warning that it is extremely close to falling apart because of a combination of lingering COVID pandemic shutdowns and shortages of workers and staff along the way. “Several industry groups have warned world leaders of a worldwide supply-chain ‘system collapse” due to pandemic restrictions, coming as Federal Reserve Chairman Jerome Powell... 

The International Monetary Fund (IMF) has issued a warning about the future, which looks grim. If things continue as they are now – and they more than likely will – global food shortages will continue. The result will be supply issues and civil unrest, likely beginning in the Third World and spreading from there. Protests have already erupted in Peru due to unrelenting inflation, and this is probably... 

Lack of agricultural raw materials and supplies, energy shortages and housing shortages. A whole generation of “entitled” Westerners will learn what it means to live in poor conditions where there is a lack of most things, warns the world’s largest fund manager Blackrock. Chairman Rob Kapito says that dramatic inflation will be so high that major effects are to be expected in the... 

“Restricted Republic” host Lisa Haven warned the American people that food supply shortages are going to get worse. She mentioned that Washington State is literally rationing food now and that DC Homeland Security and Emergency Management tweeted that people who are going to grocery stores should just buy what they need and leave some for others. (Related: Grocers are now stockpiling food supplies... 

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. There are at least 250,000 shipping containers stacked up on U.S. ports.... 

Storable food mega-supplier Augason Farms has ceased operations for 90 days, citing, “global raw-material shortages” and “substantial delays” in procurement and production. “Regrettably, BCG [the parent company owner of Augason Farms] cannot fulfill your orders on time; therefore, this letter communicates our decision to suspend business for the next 90 days, effective immediately,” says... 

North Korea has been a food insecure nation for much of the past 30 years, with the end of Soviet fuel subsidies in 1991 wreaking havoc on its mechanised agriculture. This, compounded with a period of droughts and floods, caused major food shortages in the 1990s, which turned into famines that killed between 240,000 and 600,000 people. North Korean leader Kim Jong-un has expressed concern about the... 

At this point, shortages of everything from microchips to potato chips are forcing American businesses to adjust to higher prices and supply shocks, while consumers are forced to pay higher prices at the store. And while high commodity prices (which have come off their highs in recent days as lumber, oil and iron prices declined) have retreated in recent days, we noted that these shortages are expected...