The Mainstream Media Is Using Terms Like “Worsening” And “Foreseeable Future” To Describe The Shortages
Francesco Abbruzzino, The Uncensored Report, LLC
Yes, these shortages are really happening, and now the mainstream media is warning us to brace ourselves because they are going to get even worse. After the article that I posted yesterday, emails came pouring in from people all around the country. There were a few that didn’t want to believe that things are as bad as I was saying, but there were lots of other emails that confirmed that conditions are at least as bad as I described. In fact, there was one extremely alarming email from someone that works in the supermarket industry that I hope to share with all of you in the coming days once I get permission to do so.
For most of us, we have lived our entire lives without ever having to be concerned about shortages. In fact, just a few years ago it would have seemed crazy to suggest that we were on the verge of widespread shortages here in the United States.
But now here we are, and we are being told that the shortages are going to continue to intensify. In fact, the Washington Post is telling us that the global chip shortage is showing signs of “worsening”…
The global semiconductor shortage that has paralyzed automakers for nearly a year shows signs of worsening, as new coronavirus infections halt chip assembly lines in Southeast Asia, forcing more car companies and electronics manufacturers to suspend production.
A wave of delta-variant cases in Malaysia, Vietnam and the Philippines is causing production delays at factories that cut and package semiconductors, creating new bottlenecks on top of those caused by soaring demand for chips.
That is really bad news, because the chip shortage is affecting thousands of other industries.
For example, global vehicle production is way down due to the chip crisis, and this has resulted in a growing shortage of new vehicles on dealer lots all over the nation…
The chip famine is starving the global auto industry and putting car buyers on a strict diet. So far this year, seven million cars that were supposed to be produced haven’t been, according to IHS Markit data. Auto companies are shutting down production lines for weeks at a time and furloughing employees as a result of the chip shortage. Toyota has slashed its production 40% in September.
All this is hitting consumers. Car dealers’ lots across the U.S. are sparse. The inventory of new cars in the U.S. is only about 30% of pre-pandemic levels, and buyers snap up used cars as soon as they find them.
Of course we aren’t facing a shortage of everything.
There are certain products that are still quite plentiful.
And there are some areas that are being affected a lot more than others.
So what you are seeing in your neck of the woods may differ from what other people are experiencing.
But there are some shortages that are definitely being felt all over the country.
When the COVID pandemic first started to sweep across the U.S. last year, it sparked a huge run on toilet paper, and now it is starting to happen again…