{"id":82776,"date":"2021-09-05T15:21:51","date_gmt":"2021-09-05T19:21:51","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=82776"},"modified":"2021-09-05T15:21:51","modified_gmt":"2021-09-05T19:21:51","slug":"this-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy","status":"publish","type":"post","link":"https:\/\/stateofthenation.co\/?p=82776","title":{"rendered":"<b>This Is Definitely Going To Be \u201cNot A Normal September\u201d For The Rapidly Imploding U.S. Economy<\/b>"},"content":{"rendered":"<p><!--more--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-18971\" src=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2021\/09\/Normality-Pixabay-560x396.jpg\" sizes=\"auto, (max-width: 560px) 100vw, 560px\" srcset=\"http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2021\/09\/Normality-Pixabay-560x396.jpg 560w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2021\/09\/Normality-Pixabay-300x212.jpg 300w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2021\/09\/Normality-Pixabay-768x542.jpg 768w, http:\/\/theeconomiccollapseblog.com\/wp-content\/uploads\/2021\/09\/Normality-Pixabay.jpg 1280w\" alt=\"\" width=\"560\" height=\"396\" \/>by Michael Snyder<\/p>\n<p>The \u201cgood times\u201d were supposed to be rolling by now, but instead the wheels are starting to come off, and the economic outlook for the rest of the year is not good at all.\u00a0 Just yesterday, I warned my readers that things\u00a0<a title=\"were about to get worse\" href=\"http:\/\/theeconomiccollapseblog.com\/the-media-says-the-delta-variant-stole-christmas-and-severe-shortages-are-projected-to-stretch-long-into-2022\/\">were about to get worse<\/a>, and it only took exactly a single day for that to actually happen.\u00a0 As you will see below, major factory shutdowns were just announced, and that is going to make shortages even worse.\u00a0 Fear of COVID is restricting production all over the globe, and meanwhile national governments and central banks have been absolutely flooding their systems with fresh cash.\u00a0 As a result, we now have way too much money chasing way too few goods and services, and anyone that has taken ECON 101 will tell you that will inevitably result in higher prices and shortages.<\/p>\n<p>As I discussed\u00a0<a title=\"yesterday\" href=\"http:\/\/theeconomiccollapseblog.com\/the-media-says-the-delta-variant-stole-christmas-and-severe-shortages-are-projected-to-stretch-long-into-2022\/\">yesterday<\/a>, if there is something that you need to buy, run out and get it now because the shortages are only going to get worse in the coming months.<\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-3031416830421779\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><ins id=\"aswift_6_expand\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\"><ins id=\"aswift_6_anchor\"><iframe loading=\"lazy\" id=\"aswift_6\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-3031416830421779&amp;output=html&amp;h=280&amp;adk=4152567127&amp;adf=4218318572&amp;pi=t.aa~a.3533302891~i.6~rp.4&amp;w=628&amp;fwrn=4&amp;fwrnh=100&amp;lmt=1630640658&amp;num_ads=1&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=2573730590&amp;psa=1&amp;ad_type=text_image&amp;format=628x280&amp;url=http%3A%2F%2Ftheeconomiccollapseblog.com%2Fthis-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy%2F&amp;flash=0&amp;fwr=0&amp;pra=3&amp;rh=157&amp;rw=628&amp;rpe=1&amp;resp_fmts=3&amp;wgl=1&amp;fa=27&amp;adsid=ChEI8NXRiQYQ8J_3mPbRoNqdARI9AGq0my5hVTLC2ul1yTX42ytmarx2xkidwi_a2d5n5JeSB3ypKxEtFiObkUm2ZQqhlB9J-Z10FeH2dYXtDw&amp;dt=1630869571831&amp;bpp=2&amp;bdt=5174&amp;idt=-M&amp;shv=r20210831&amp;mjsv=m202108240101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3Decde2868648bf388-221f40c2f5ba0040%3AT%3D1630869567%3ART%3D1630869567%3AS%3DALNI_Ma89KXVlgfz2sm2zC13SaIx3jec8Q&amp;gpic=00000000-0000-0000-0000-000000000000&amp;prev_fmts=1200x280%2C160x600%2C0x0&amp;prev_slotnames=6292465964&amp;nras=2&amp;correlator=7440273888388&amp;frm=20&amp;pv=1&amp;ga_vid=1606616152.1630869567&amp;ga_sid=1630869567&amp;ga_hid=166204250&amp;ga_fc=0&amp;u_tz=-240&amp;u_his=1&amp;u_java=0&amp;u_h=1200&amp;u_w=1920&amp;u_ah=1175&amp;u_aw=1920&amp;u_cd=24&amp;u_nplug=3&amp;u_nmime=4&amp;adx=427&amp;ady=1476&amp;biw=1288&amp;bih=1070&amp;scr_x=0&amp;scr_y=0&amp;eid=31062370%2C31062387%2C31062297&amp;oid=3&amp;psts=AGkb-H-qFTHEGmajk01YNqJr1JLxhIIDL8UCz_TlCnZZIVZ_y7JGi4GOOalLExBAa3ksN0RL_37nZPH2lO4GrA%2CAGkb-H92N3DMUytOtmce7lO8YrE36mXn6P9vt6GdLsmlW09kh3yhx4Wzkg4bUrYfZkG5WGIRPkjUW1PS5-4%2CAGkb-H8Z6rPMYvPp4M2n6WK5tCZ09QWkU8XoEzIs0lqBYpVRYGJQBuRqjIeusikSQ1DqnzFhs-9blcUI_A&amp;pvsid=1233694443268315&amp;pem=891&amp;eae=0&amp;fc=384&amp;brdim=490%2C25%2C490%2C25%2C1920%2C25%2C1343%2C1175%2C1303%2C1070&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=23&amp;jar=2021-09-05-19&amp;ifi=7&amp;uci=a!7&amp;btvi=1&amp;fsb=1&amp;xpc=HhT4HiD6sS&amp;p=http%3A\/\/theeconomiccollapseblog.com&amp;dtd=15\" name=\"aswift_6\" width=\"628\" height=\"280\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allowfullscreen=\"allowfullscreen\" data-google-container-id=\"a!7\" data-google-query-id=\"CNGNkMzG6PICFTwTswAdpSAL2A\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/ins><\/ins><\/ins><\/div>\n<p>On Thursday, General Motors shocked the entire nation when it announced that it is going to be closing down\u00a0<a title=\"almost all of its manufacturing facilities\" href=\"https:\/\/www.usatoday.com\/story\/money\/cars\/2021\/09\/02\/gm-semiconductor-chip-shortage-assembly-plants-close\/5696490001\/\" target=\"_blank\" rel=\"noopener noreferrer\">almost all of its manufacturing facilities<\/a>\u00a0due to our ongoing shortage of computer chips\u2026<\/p>\n<blockquote><p>General Motors will idle nearly all its assembly plants in North America starting Monday as the COVID-19 pandemic affects production of semiconductor chips overseas.<\/p>\n<p>GM said its Arlington Assembly in Texas, where it makes its highly profitable full-size SUVs, will run regular production next week, along with Flint Assembly in Michigan, where it makes its heavy-duty pickups, Bowling Green Assembly in Kentucky, where it makes its Corvette, and a portion of Lansing Grand River Assembly in Michigan, where it will make some Chevrolet Camaro and Cadillac Blackwing cars.<\/p><\/blockquote>\n<p>I knew that things were bad, but I didn\u2019t know that they had gotten this bad.<\/p>\n<p>Ford also announced that it will be\u00a0<a title=\"slashing production\" href=\"https:\/\/www.cnbc.com\/2021\/09\/01\/ford-cuts-f-150-pickup-production-again-due-to-chip-shortage.html\" target=\"_blank\" rel=\"noopener noreferrer\">slashing production<\/a>\u00a0due to a lack of chips\u2026<\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-3031416830421779\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><ins id=\"aswift_7_expand\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\"><ins id=\"aswift_7_anchor\"><iframe loading=\"lazy\" id=\"aswift_7\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-3031416830421779&amp;output=html&amp;h=280&amp;adk=4152567127&amp;adf=1996178568&amp;pi=t.aa~a.3533302891~i.14~rp.4&amp;w=628&amp;fwrn=4&amp;fwrnh=100&amp;lmt=1630640658&amp;num_ads=1&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=2573730590&amp;psa=1&amp;ad_type=text_image&amp;format=628x280&amp;url=http%3A%2F%2Ftheeconomiccollapseblog.com%2Fthis-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy%2F&amp;flash=0&amp;fwr=0&amp;pra=3&amp;rh=157&amp;rw=628&amp;rpe=1&amp;resp_fmts=3&amp;wgl=1&amp;fa=27&amp;adsid=ChEI8NXRiQYQ8J_3mPbRoNqdARI9AGq0my5hVTLC2ul1yTX42ytmarx2xkidwi_a2d5n5JeSB3ypKxEtFiObkUm2ZQqhlB9J-Z10FeH2dYXtDw&amp;dt=1630869571831&amp;bpp=1&amp;bdt=5174&amp;idt=-M&amp;shv=r20210831&amp;mjsv=m202108240101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3Decde2868648bf388-221f40c2f5ba0040%3AT%3D1630869567%3ART%3D1630869567%3AS%3DALNI_Ma89KXVlgfz2sm2zC13SaIx3jec8Q&amp;gpic=00000000-0000-0000-0000-000000000000&amp;prev_fmts=1200x280%2C160x600%2C0x0%2C628x280&amp;prev_slotnames=6292465964&amp;nras=3&amp;correlator=7440273888388&amp;frm=20&amp;pv=1&amp;ga_vid=1606616152.1630869567&amp;ga_sid=1630869567&amp;ga_hid=166204250&amp;ga_fc=0&amp;u_tz=-240&amp;u_his=1&amp;u_java=0&amp;u_h=1200&amp;u_w=1920&amp;u_ah=1175&amp;u_aw=1920&amp;u_cd=24&amp;u_nplug=3&amp;u_nmime=4&amp;adx=427&amp;ady=2358&amp;biw=1288&amp;bih=1070&amp;scr_x=0&amp;scr_y=0&amp;eid=31062370%2C31062387%2C31062297&amp;oid=3&amp;psts=AGkb-H-qFTHEGmajk01YNqJr1JLxhIIDL8UCz_TlCnZZIVZ_y7JGi4GOOalLExBAa3ksN0RL_37nZPH2lO4GrA%2CAGkb-H92N3DMUytOtmce7lO8YrE36mXn6P9vt6GdLsmlW09kh3yhx4Wzkg4bUrYfZkG5WGIRPkjUW1PS5-4%2CAGkb-H8Z6rPMYvPp4M2n6WK5tCZ09QWkU8XoEzIs0lqBYpVRYGJQBuRqjIeusikSQ1DqnzFhs-9blcUI_A&amp;pvsid=1233694443268315&amp;pem=891&amp;eae=0&amp;fc=384&amp;brdim=490%2C25%2C490%2C25%2C1920%2C25%2C1343%2C1175%2C1303%2C1070&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=23&amp;jar=2021-09-05-19&amp;ifi=8&amp;uci=a!8&amp;btvi=2&amp;fsb=1&amp;xpc=LqmzaLloRc&amp;p=http%3A\/\/theeconomiccollapseblog.com&amp;dtd=21\" name=\"aswift_7\" width=\"628\" height=\"280\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allowfullscreen=\"allowfullscreen\" data-google-container-id=\"a!8\" data-google-query-id=\"CLmVlMzG6PICFQ7TlAkd1Y8How\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/ins><\/ins><\/ins><\/div>\n<blockquote><p><a title=\"Ford Motor\" href=\"https:\/\/www.cnbc.com\/quotes\/F\" target=\"_blank\" rel=\"noopener\">Ford Motor<\/a>\u00a0is once again cutting production of its F-150 pickup truck and other highly profitable vehicles due to the ongoing global shortage of semiconductor chips.<\/p>\n<p>The automaker informed employees Wednesday of the cuts, which also impact production of its larger Super Duty pickups and Expedition SUV.<\/p><\/blockquote>\n<p>This was supposed to be a time when vehicle sales were soaring to all-time highs, but thanks to a lack of chips the number of new Ford vehicles that were sold last month was down\u00a0<a title=\"by a whopping 33 percent\" href=\"https:\/\/www.cnbc.com\/2021\/09\/02\/fords-us-sales-fall-33percent-as-chip-shortage-devastates-auto-industry.html\" target=\"_blank\" rel=\"noopener noreferrer\">by a whopping 33 percent<\/a>\u00a0compared to a year ago\u2026<\/p>\n<blockquote><p>U.S. sales of Ford Motor\u2019s new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that\u2019s wreaking havoc on the automotive industry, the company said Thursday.<\/p>\n<p>The Detroit automaker\u2019s sales capped off a dismal month of U.S. auto sales in August, which plummeted to an adjusted selling rate of 13.09 million vehicles. That\u2019s the worst pace since June 2020 and down from this year\u2019s peak of 18.5 million in April, according to auto data firm Motor Intelligence.<\/p><\/blockquote>\n<p>Demand is not the problem.<\/p>\n<p>There is simply not enough Ford vehicles to go around right now, and this has pushed dealer inventories\u00a0<a title=\"to frighteningly low levels\" href=\"https:\/\/www.cnbc.com\/2021\/09\/02\/fords-us-sales-fall-33percent-as-chip-shortage-devastates-auto-industry.html\" target=\"_blank\" rel=\"noopener noreferrer\">to frighteningly low levels<\/a>\u2026<\/p>\n<blockquote><p>Dealers only have about 942,000 vehicles in inventory for retail sale, compared with roughly 3 million before the coronavirus pandemic two years ago, according to Thomas King, president of the data and analytics division at J.D. Power.<\/p><\/blockquote>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-3031416830421779\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><ins id=\"aswift_8_expand\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\"><ins id=\"aswift_8_anchor\"><iframe loading=\"lazy\" id=\"aswift_8\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-3031416830421779&amp;output=html&amp;h=280&amp;adk=4152567127&amp;adf=259564645&amp;pi=t.aa~a.3533302891~i.26~rp.4&amp;w=628&amp;fwrn=4&amp;fwrnh=100&amp;lmt=1630640658&amp;num_ads=1&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=2573730590&amp;psa=1&amp;ad_type=text_image&amp;format=628x280&amp;url=http%3A%2F%2Ftheeconomiccollapseblog.com%2Fthis-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy%2F&amp;flash=0&amp;fwr=0&amp;pra=3&amp;rh=157&amp;rw=628&amp;rpe=1&amp;resp_fmts=3&amp;wgl=1&amp;fa=27&amp;adsid=ChEI8NXRiQYQ8J_3mPbRoNqdARI9AGq0my5hVTLC2ul1yTX42ytmarx2xkidwi_a2d5n5JeSB3ypKxEtFiObkUm2ZQqhlB9J-Z10FeH2dYXtDw&amp;dt=1630869571831&amp;bpp=2&amp;bdt=5174&amp;idt=-M&amp;shv=r20210831&amp;mjsv=m202108240101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3Decde2868648bf388-221f40c2f5ba0040%3AT%3D1630869567%3ART%3D1630869567%3AS%3DALNI_Ma89KXVlgfz2sm2zC13SaIx3jec8Q&amp;gpic=00000000-0000-0000-0000-000000000000&amp;prev_fmts=1200x280%2C160x600%2C0x0%2C628x280%2C628x280&amp;prev_slotnames=6292465964&amp;nras=4&amp;correlator=7440273888388&amp;frm=20&amp;pv=1&amp;ga_vid=1606616152.1630869567&amp;ga_sid=1630869567&amp;ga_hid=166204250&amp;ga_fc=0&amp;u_tz=-240&amp;u_his=1&amp;u_java=0&amp;u_h=1200&amp;u_w=1920&amp;u_ah=1175&amp;u_aw=1920&amp;u_cd=24&amp;u_nplug=3&amp;u_nmime=4&amp;adx=427&amp;ady=3708&amp;biw=1288&amp;bih=1070&amp;scr_x=0&amp;scr_y=0&amp;eid=31062370%2C31062387%2C31062297&amp;oid=3&amp;psts=AGkb-H-qFTHEGmajk01YNqJr1JLxhIIDL8UCz_TlCnZZIVZ_y7JGi4GOOalLExBAa3ksN0RL_37nZPH2lO4GrA%2CAGkb-H92N3DMUytOtmce7lO8YrE36mXn6P9vt6GdLsmlW09kh3yhx4Wzkg4bUrYfZkG5WGIRPkjUW1PS5-4%2CAGkb-H8Z6rPMYvPp4M2n6WK5tCZ09QWkU8XoEzIs0lqBYpVRYGJQBuRqjIeusikSQ1DqnzFhs-9blcUI_A&amp;pvsid=1233694443268315&amp;pem=891&amp;eae=0&amp;fc=384&amp;brdim=490%2C25%2C490%2C25%2C1920%2C25%2C1343%2C1175%2C1303%2C1070&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=23&amp;jar=2021-09-05-19&amp;ifi=9&amp;uci=a!9&amp;btvi=3&amp;fsb=1&amp;xpc=dPA7c3Q9yx&amp;p=http%3A\/\/theeconomiccollapseblog.com&amp;dtd=29\" name=\"aswift_8\" width=\"628\" height=\"280\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allowfullscreen=\"allowfullscreen\" data-google-container-id=\"a!9\" data-google-query-id=\"CPqTkczG6PICFZEUZQod7WsKrw\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/ins><\/ins><\/ins><\/div>\n<p>Of course it isn\u2019t just the auto industry that is dealing with these sorts of problems.<\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-3031416830421779\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><ins id=\"aswift_9_expand\" tabindex=\"0\" title=\"Advertisement\" aria-label=\"Advertisement\"><ins id=\"aswift_9_anchor\"><iframe loading=\"lazy\" id=\"aswift_9\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?client=ca-pub-3031416830421779&amp;output=html&amp;h=280&amp;adk=4152567127&amp;adf=1565178512&amp;pi=t.aa~a.3533302891~i.28~rp.4&amp;w=628&amp;fwrn=4&amp;fwrnh=100&amp;lmt=1630640658&amp;num_ads=1&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=2573730590&amp;psa=1&amp;ad_type=text_image&amp;format=628x280&amp;url=http%3A%2F%2Ftheeconomiccollapseblog.com%2Fthis-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy%2F&amp;flash=0&amp;fwr=0&amp;pra=3&amp;rh=157&amp;rw=628&amp;rpe=1&amp;resp_fmts=3&amp;wgl=1&amp;fa=27&amp;adsid=ChEI8NXRiQYQ8J_3mPbRoNqdARI9AGq0my5hVTLC2ul1yTX42ytmarx2xkidwi_a2d5n5JeSB3ypKxEtFiObkUm2ZQqhlB9J-Z10FeH2dYXtDw&amp;dt=1630869571831&amp;bpp=1&amp;bdt=5174&amp;idt=1&amp;shv=r20210831&amp;mjsv=m202108240101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3Decde2868648bf388-221f40c2f5ba0040%3AT%3D1630869567%3ART%3D1630869567%3AS%3DALNI_Ma89KXVlgfz2sm2zC13SaIx3jec8Q&amp;gpic=00000000-0000-0000-0000-000000000000&amp;prev_fmts=1200x280%2C160x600%2C0x0%2C628x280%2C628x280%2C628x280&amp;prev_slotnames=6292465964&amp;nras=5&amp;correlator=7440273888388&amp;frm=20&amp;pv=1&amp;ga_vid=1606616152.1630869567&amp;ga_sid=1630869567&amp;ga_hid=166204250&amp;ga_fc=0&amp;u_tz=-240&amp;u_his=1&amp;u_java=0&amp;u_h=1200&amp;u_w=1920&amp;u_ah=1175&amp;u_aw=1920&amp;u_cd=24&amp;u_nplug=3&amp;u_nmime=4&amp;adx=427&amp;ady=4038&amp;biw=1288&amp;bih=1070&amp;scr_x=0&amp;scr_y=0&amp;eid=31062370%2C31062387%2C31062297&amp;oid=3&amp;psts=AGkb-H-qFTHEGmajk01YNqJr1JLxhIIDL8UCz_TlCnZZIVZ_y7JGi4GOOalLExBAa3ksN0RL_37nZPH2lO4GrA%2CAGkb-H92N3DMUytOtmce7lO8YrE36mXn6P9vt6GdLsmlW09kh3yhx4Wzkg4bUrYfZkG5WGIRPkjUW1PS5-4%2CAGkb-H8Z6rPMYvPp4M2n6WK5tCZ09QWkU8XoEzIs0lqBYpVRYGJQBuRqjIeusikSQ1DqnzFhs-9blcUI_A&amp;pvsid=1233694443268315&amp;pem=891&amp;eae=0&amp;fc=384&amp;brdim=490%2C25%2C490%2C25%2C1920%2C25%2C1343%2C1175%2C1303%2C1070&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=23&amp;jar=2021-09-05-19&amp;ifi=10&amp;uci=a!a&amp;btvi=4&amp;fsb=1&amp;xpc=RxLTwb1iUj&amp;p=http%3A\/\/theeconomiccollapseblog.com&amp;dtd=36\" name=\"aswift_9\" width=\"628\" height=\"280\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" allowfullscreen=\"allowfullscreen\" data-google-container-id=\"a!a\" data-google-query-id=\"COSykczG6PICFQUZswAdmdwPSw\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/ins><\/ins><\/ins><\/div>\n<p>Supply chains all over the globe are in a state of complete and utter chaos, and it just seems to keep getting worse with each passing day.\u00a0 I really like how\u00a0<a title=\"Wolf Richter\" href=\"https:\/\/wolfstreet.com\/2021\/09\/02\/the-monstrous-flow-of-free-money-and-the-shortages\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wolf Richter<\/a>\u00a0has described the current state of affairs\u2026<\/p>\n<blockquote><p>Yesterday, just outside the ports of Los Angeles and Long Beach, a record 44 container ships were anchored, waiting. And there are hundreds of these ships hung up somewhere globally, trying to get into a port, or they\u2019re being rerouted to different ports. And all this takes time.<\/p>\n<p>And containers are stuck in ports because railroads are backlogged, trucking companies are troubled by driver shortages, and containers are hung up in railyards and clog them up to where some railroads have stopped routing trains to those particular railyards until the backlog is cleared, thereby further contributing to the pileup of containers at ports.<\/p>\n<p>And each extra day that a loaded container doesn\u2019t get to its destination is a day that it cannot be unloaded and returned to the flow of containers, and cannot be sent to a manufacturer that has goods ready to ship but cannot ship them because they cannot get empty containers.<\/p><\/blockquote>\n<p>In\u00a0<a title=\"my last article\" href=\"http:\/\/theeconomiccollapseblog.com\/the-media-says-the-delta-variant-stole-christmas-and-severe-shortages-are-projected-to-stretch-long-into-2022\/\">my last article<\/a>, I discussed the fact that experts are already warning that Christmas has been ruined because of all the mayhem.<\/p>\n<p>And now fear of Delta and other variants threatens to gum up the works even more.\u00a0 Most Americans had assumed that we would be \u201creturning to normal\u201d by now, but instead\u00a0<a title=\"we seem to be going in reverse\" href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/september-isn-e2-80-99t-bringing-a-return-to-normal-many-americans-are-fatigued\/ar-AANYjXj\" target=\"_blank\" rel=\"noopener noreferrer\">we seem to be going in reverse<\/a>\u00a0in a lot of ways\u2026<\/p>\n<blockquote><p>The delta variant of the coronavirus is preventing a return to normal and pumping the brakes on the economic recovery. Major corporations such as Apple, Facebook and Ford have pushed back their return-to-office dates from September to January. Schools are reinstating mask mandates and, in some cases, dealing with virus outbreaks, sending students home to quarantine. Restaurants and retailers are scaling back hours, as workers remain hesitant to return to lower-paying service jobs in which they are also more exposed to the virus. Meanwhile, brands including Nike and Gap are warning that factories in Vietnam and elsewhere aren\u2019t operating at full capacity and that some items may not be available as the coronavirus surges around the world.<\/p><\/blockquote>\n<p>Authorities thought that they would be able to have the pandemic under control by now, but they have dramatically failed.<\/p>\n<p>As long as these variants are sweeping across the globe like wildfire, there definitely will not be a return to \u201cnormal\u201d any time soon.<\/p>\n<p>The machinery of our economy is being shaken at a very basic level, and many believe\u00a0<a title=\"that this is just the beginning\" href=\"https:\/\/www.amazon.com\/dp\/B099C8R1V1\" target=\"_blank\" rel=\"noopener noreferrer\">that this is just the beginning<\/a>.<\/p>\n<p>For many years there have been warning signs, but our leaders have somehow been able to hold the U.S. economy together.<\/p>\n<p>But now inflation is out of control, shortages are becoming exceedingly painful and confidence in our national leaders has plummeted to extremely low levels.<\/p>\n<p>We haven\u2019t even reached the official end of summer yet, and things are already starting to become very, very interesting.<\/p>\n<p>___<br \/>\n<a href=\"http:\/\/theeconomiccollapseblog.com\/this-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy\/\">http:\/\/theeconomiccollapseblog.com\/this-is-definitely-going-to-be-not-a-normal-september-for-the-rapidly-imploding-u-s-economy\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-82776","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/82776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82776"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=\/wp\/v2\/posts\/82776\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.co\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}