Shanghai Lockdowns’ Effect on Supply Chains
Shipping containers are seen at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai, China. (Aly Song/Reuters) Shanghai is locking down as Covid cases rise. The measures are expected to be the most extensive lockdown in China since the Wuhan lockdowns over two years ago. Chinese authorities have ordered nonessential…
OPEC+ Smacks Down Joe Biden, Will Not Produce More Oil as He Begs For More Supply
OPEC+ just delivered another blow to Joe Biden as Afghanistan falls to the Taliban. OPEC and its allies do not plan to pump more oil despite Joe Biden begging for them to increase production. The Biden Administration last Wednesday begged OPEC to boost production as gas prices rise. “The president recognizes that gas prices can…
World Economic Forum’s ‘Concept 2021’ Deals with Attacks to Supply Chains
World Economic Forum’s ‘Concept 2021’ Deals with Attacks to Supply Chains – This Is Eerily Similar to Bill Gates Sponsored Pandemic Simulation in 2019 Tap here to add The Western Journal to your home screen.
Bitcoin Tops $30k As Supply Squeeze Continues
Bitcoin prices accelerated overnight, surging through $30,000 for the first time and nearing $31,000 as we write… Source: Bloomberg Now over $10,000 beyond 2017’s record high… Source: Bloomberg Ethereum was also bid to a new cycle high at $770, but well below its $1400-plus record from Jan 2018… Source: Bloomberg The area immediately below $30,000…
The US Money Supply Was Up 37 Percent In November
By Ryan McMaken In November, money supply growth rate was essentially unchanged from October and remains near September’s all-time high. The stabilization we find in money-supply growth in recent months comes after eight months of record-breaking growth in the US which came in the wake of unprecedented quantitative easing, central bank asset purchases, and various stimulus packages. Historically, the…