No kidding? Really? Who knew?

 

The supply chain crisis is ‘deep-rooted’

"Forecasts that the global supply chain crunch would dissipate in the first half of 2022 have been “shattered”, Citigroup says as it warns the costs of sourcing materials and moving goods around the world may keep going up."

(May? May? Keep going up? Count on it.  "Forecasts that the global supply chain crunch would dissipate in the first half of 2022 have been “shattered..." because they were not based on any kind of tangible reality other than wishfull thinking and somebody told you as much, actually the Holy Spirit working through someone told you as much. See 1 Thessalonians 5:3, my goodness the arrogance of man to think he can just say something and it will materialize.)

"...this month the financial group acknowledged that supply chain pressures are more “persistent and apparently deep-rooted” than it had anticipated, partially due to Russia’s invasion of Ukraine but also due to surging inflation."

“The challenges in the months ahead look to be as acute as at any time over the past two years.”

"But in 2022, it is trade links between Russia and Ukraine – which are among of the world’s biggest exporters of oil, natural gas and commodities such as wheat, nickel and fertilisers – that are disrupting energy and food supplies as well as manufacturing."

(That was kinda the plan yo.)

"Combined with demand for consumer goods such as cars and furniture, a shortage of workers globally, rising interest rates and the continued pandemic, “the underlying macroeconomic environment has not shifted appreciably toward conditions that would support supply chain healing,” Citigroup said."

(My dad, me, and a whole host of others were saying all the offshoring of jobs, manufacturing etc would someday catch up to us. If the manufacturing facilities weren't so far away? We wouldn't have the supply line crisis we do now.)

“The stresses that were in play last fall are not dissipating quickly ... we see the risks for supply chains in the months ahead as skewed toward further deterioration,” 

(You're store shelves are going to be more and more empty in the months to come, anybody telling you anything different is either:

 A) completely ignorant of the situation or 

B) bought off to tell you such nonsense...

Lets just cut to the chase while we are here:

"ANYTHING OTHER THAN A BIBLICAL PROPHETIC PERSPECTIVE ON WHATS IS GOING ON IN OUR WORLD RIGHT NOW HAS BEEN PROVEN TO BE FALSE FOR THE LAST COUPLE OF YEARS AND WILL BE CONTINUED TO BE PROVEN FALSE. PERIOD END OF THE STORY, IT DOESNT MATTER IF YOU DONT BELIEVE IT, OR IF YOU CANT WRAP YOUR HAEAD AROUND IT, THERE IS A REASON "THE EXPERTS" HAVE BEEN PROVEN TO BE SO WRONG ON SO MANY ISSUES FOR SO LONG NOW AND ITS BECAUSE MOST OF THEM DONT LOOK AT THINGS THROUGH A BIBLICAL PROPHETIC PERSPECTIVE.")

"Russia and Ukraine account for:

one-quarter of global exports of iron and non-alloy steel semifinished products;

 half the world’s exports of pig iron; 

and one-third of the world’s nickel exports, according to the OECD."

"Russia alone is responsible for:

 one-quarter of global palladium exports (used by car manufacturers)

 and is a big exporter of ferro-alloys (used to make low-carbon steel)

 while Ukraine is a big exporter of neon gas (used to make semiconductors.)"

(AND MEANWHILE THE COMBINES AROUND HERE CONTINUE TO HARVEST WHEAT WITH DEISEL FUEL COSTING OVER THREE $'S MORE A GALLON THAN IT DID LAST YEAR...

HOW LONG BEFORE THAT INCREASE IN PRICE TRICKLES DOWN TO THE PRICE YOU PAY FOR BREAD AT THE GROCERY?

Inflations peaked they wanted you to think...yeah...sure.

and interest rate increases wont do a think to put more:

iron and non-alloy steel semifinished products;

pig iron

nickel

palladium

ferro-alloys

neon gas

not to mention Oil, Natural gas, Wheat, Sunflower oil etc on the world market. 

Less of something drives up its price and unfortunately this is just getting started.

Godspeed everybody.

I love you honey :-).