The economic data coming in the past week is in alignment with prior forecasts. Bottom line, energy driven inflation has collapsed consumer spending, inventories climbing, vendors are cancelling orders, and this is peak season for transpacific shipping- which has now recorded the most rapid drop in history.
A single transpacific container shipment cost $19,000 in 2021, then $14,500 in 2022 as the intentional slowdown began. Now it’s only $3,900 as entire fleets of cargo shipments are cancelled due to lack of demand by U.S. purchasers.
Folks, get ready…. because it’s not going to get better. Prior farm costs, an outcome of energy price increases, are now reaching the supply chain. Food costs will continue increasing throughout the holiday season.
All of this has to do with the intentional destruction of the oil, coal and gas industry. Western national economic collapse is a feature of the Build Back Better agenda.link
This is the economic battlefront of the asymmetric war being waged against Western civilization by those who have infiltrated and usurped elite power. We have seen what the covid/vaccine battlefront has done, what the proxy war in Europe is doing, what the mind-control battlefront is always doing, now this. ABN