Oh it

 

just keeps getting better :-).

If you're a "Glory Halleluiah, maranatha Lord Jesus" kinda person it does :-).

Two Critical Supply Shortages That Could Eviscerate The Global Econopmy

Article written from Jan 29th of this year. Ask yourself this, How much has really changed in the last two months?

"This was supposed to be the year that things “got back to normal”, but here we are at the end of January and things have only gotten worse."

(Maybe we should be learning that were not in charge by now?)

"One of them is the rapidly growing fertilizer shortage.  A few days ago, the Wall Street Journal ominously warned that “high fertilizer prices are weighing on farmers across the developing world”…"

From South America’s avocado, corn and coffee farms to Southeast Asia’s plantations of coconuts and oil palms, high fertilizer prices are weighing on farmers across the developing world, making it much costlier to cultivate and forcing many to cut back on production.

That means grocery bills could go up even more in 2022, following a year in which global food prices rose to decade highs. An uptick would exacerbate hunger—already acute in some parts of the world because of pandemic-linked job losses—and thwart efforts by politicians and central bankers to subdue inflation.

According to the International Fertilizer Development Center, exceedingly high fertilizer prices could result in a reduction of agricultural output in Africa alone “equivalent to the food needs of 100 million people”.

So this is a really, really big deal.

And this crisis is going to deeply affect us here in the United States too.  The following comes from a recent piece authored by U.S. Senator Roger Marshall…

It’s no secret farmers are faced with a fertilizer crisis. Prices for phosphorus-based and potassium-based (potash) fertilizers have more than doubled in Kansas while Nitrogen-based fertilizers have more than quadrupled. Fertilizer is vital to feeding not only the country, but the world. It contains essential nutrients for plant life, and without it, American agricultural yields will quickly suffer as well as food prices in local grocery stores.

"...crazy prices for fertilizer are going to make it impossible for many U.S. farmers to profitably plant crops this year."

That means that a lot less food is going to be grown.

Revelation 6:5 

And when the Lamb opened the third seal, I heard the third living creature say, “Come!” Then I looked and saw a black horse, and its rider held in his hand a pair of scales. 

and  now round two from the same article...

"Today, the U.S. Department of Commerce released the results from the Risks in the Semiconductor Supply Chain Request for Information (RFI) issued in Sept. 2021. Key findings from the report provided data-driven information about the depths of the semiconductor shortage and underscored the need for the President’s proposed $52 billion in domestic semiconductor production."

"The RFI showed that median inventory held by chips consumers (including automakers or medical device manufacturers, as examples) has fallen from 40 days in 2019 to less than 5 days in 2021. If a COVID outbreak, a natural disaster, or political instability disrupts a foreign semiconductor facility for even just a few weeks, it has the potential to shut down a manufacturing facility in the U.S., putting American workers and their families at risk."

"Many may wonder why we just don’t plop down a bunch of factories and start pumping out more chips."

"Unfortunately, it isn’t that easy.  Chip factories take a very long time to build, and we are being warned that it could take “until 2023” before things return to normal…"

(This was supposed to be the year where everything returns to normal remember?)

"But industry executives aren’t optimistic that the funding would help alleviate the crisis, the Washington Post reported. They argued federal funding could help build up the long-term supply of chips but wouldn’t help in the short term because chip factories take years to build."

"Chip consumers that were surveyed by the department similarly estimated that shortages wouldn’t go away in the next six months, and some suggested it could take until 2023."

(In a perfect world maybe, remember this was written before the Ukraine war broke out)

"We should have never become so dependent on chip production in Asia."

(Or, one could argue, or should I say some of us have been arguing, for years, that we were becoming to dependent on  a lot of other places for a lot of other things as well, besides computer chips, that we never should have allowed to happen. GREED. Flat out Greed has led us into a big part of the mess we are now in)

"Today, Taiwan accounts for a whopping 63 percent of all computer chip production in the world…"

(And you wonder why there are repeated incursions into Taiwan airspace by Chinese military aircraft?)

"The majority of chip factories are currently based in Asia, which houses about 87% of the market share of semiconductor factories (with Taiwan alone accounting for some 63%), separate industry data indicates. The political climate in the region, and tensions between Taiwan and China, has come under renewed scrutiny as the shortage has exposed how much U.S. industry relies on these sources."

"So what is going to happen to our economy if China invades Taiwan and our main supply of computer chips gets completely cut off?

"I have been warning for years that military conflict with China is coming, and now we are closer than ever."

(Not me, but the writer of the article)

"What is our economy going to look like if a Chinese invasion of Taiwan this year instantly puts us into a state of war with the Chinese?"

"How in the world will we even be able to function as a society?"

"You might want to start thinking about such questions, because what was once “unimaginable” threatens to become reality in 2022."

By Zerohedge.com

End of excerpts from the article, me writing now :-). I know it gets confusing :-).

But Chinas never gonna invade Taiwan? Really? That's your position? Interesting. What basis do you have for such a position?

and this is why we need to be aware of end time events and prophecy, so that we are not in darkness when the time comes but living in the light of our Lord Jesus Christ, so that we are not shocked or scared by the events that are unfolding in our times... because like the author says...

"what was once “unimaginable” threatens to become reality in 2022."