The World Economy Is Suddenly Running Low on Everything

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Today's Bloomberg article on surging corporate demand upending global supply chains: https://www.bloomberg.com/news/arti...-companies-panic-buying-as-supplies-run-short

The middle class has never been larger or wealthier than today and wants to consume more than ever.

US personal savings rate are at unprecedented high levels https://fred.stlouisfed.org/series/PSAVERT

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Ninja Mobile Trader VPS said:
Today's Bloomberg article on surging corporate demand upending global supply chains: https://www.bloomberg.com/news/arti...-companies-panic-buying-as-supplies-run-short

The middle class has never been larger or wealthier than today and wants to consume more than ever.

US personal savings rate are at unprecedented high levels https://fred.stlouisfed.org/series/PSAVERT

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I though Mr. Murray's Bloomberg article on average price of gas was off a bit/ but most likely right/ with CA over $4. South+ West is well below $3.
I used AAA 50 state average.
 
"The middle class has never been larger or wealthier than today and wants to consume more than ever."

I'd been warning since the start of the scamdemic that artificial shortages would occur which would lead to inflation. And that's the best lie they can come up with to explain these fake, intentional shortages?
 
The gasoline situation has many ripples FOR ANYTHING NEEDING TRUCK TRANSPORT.

There is lost time (hours!!) to obtain gas. Plus that gas is more expensive (exactly how much depends on area), which has some effect on distance jobs accepted by self-employed truckers.

And then there is the regulatory situation, on trucking, AND separately, certain goods. I'm sure y'all remember the various food "shortages"/inflation in the early months of the virus... not only processing bottlenecks due to staffing, but restaurant grade could not be sold direct to consumer (grocers). The previous admin relaxed some regs. Not sure if those regs still stand.

The savings rate is about people hoarding cash. From that pov it is not important how they got it. And why do think uber-wealth is dropping millions and billions into "things"? More easily moved than cash!

All conventional thinking?

El Pollo Loco anyone?
 
Tradex said:
Destroying the middle-class, on a global scale, is part of the Elite's plan.
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Bingo! But, when I told people that during the start of this scamdemic, people called me crazy, a conspiracy theorist, etc. Now watch as the middle-class gets priced out of being able to afford many everyday things.
 
Ninja Mobile Trader VPS said:
Today's Bloomberg article on surging corporate demand upending global supply chains: https://www.bloomberg.com/news/arti...-companies-panic-buying-as-supplies-run-short

The middle class has never been larger or wealthier than today and wants to consume more than ever.

US personal savings rate are at unprecedented high levels https://fred.stlouisfed.org/series/PSAVERT

View attachment 259074
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i think it has either shown how disruptive the pandemic was to our way of life or it shows how little slack there is in the economy. They are saying that the evergreen situation may create nine month delays in shipping some products because of how little excess capacity there is in shipping.
 
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