There is a lot of information below that will change your lives.
The Semiconductor Shortage Just Quickly Became An Inventory Glut
The global semiconductor shortage appears to have officially “bullwhipped” its way the other direction and, as such, as become a glut. Yes, you read that right, there is now reportedly a glut of semiconductors at top manufacturers, according to a new report by Caixin.
Names like Taiwan Semiconductor Manufacturing Co (TSMC), Advanced Micro Devices Inc (AMD) and Nvidia are now dealing with “unsold stockpiles” of inventory as a result of shrinking demand and cancelled orders, the report says.
This means that the years-long hold up for chips looks like it has officially come to an end.
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2019 was the last great year for the world economy.
For generations, everything has been getting faster, better, and cheaper. Finally, we reached the point that almost anything you could ever want could be sent to your home within days – even hours – of when you decided you wanted it.
America made that happen, but now America has lost interest in keeping it going.
Globe-spanning supply chains are only possible with the protection of the U.S. Navy. The American dollar underpins internationalized energy and financial markets. Complex, innovative industries were created to satisfy American consumers. American security policy forced warring nations to lay down their arms. Billions of people have been fed and educated as the American-led trade system spread across the globe.
All of this was artificial. All this was temporary. All this is ending.
In The End of the World is Just the Beginning, author and geopolitical strategist Peter Zeihan maps out the next world: a world where countries or regions will have no choice but to make their own goods, grow their own food, secure their own energy, fight their own battles, and do it all with populations that are both shrinking and aging.
The list of countries that make it all work is smaller than you think. Which means everything about our interconnected world – from how we manufacture products, to how we grow food, to how we keep the lights on, to how we shuttle stuff about, to how we pay for it all – is about to change.
In customary Zeihan fashion, rather than yelling fire in the geoeconomic theatre, he narrates the accumulation of matchsticks, gasoline, and dynamite in the hands of the oblivious audience, suggesting we might want to call the fire department.
A world ending. A world beginning. Zeihan brings readers along for an illuminating (and a bit terrifying) ride packed with foresight, wit, and his trademark irreverence.
I was going to write this article after the midterm elections. There is much news that is being suppressed to influence the elections and yes, it is bad news. Energy, war, civil unrest and criminal acts by this illegal administration will be headline news after the election fallout coverage is done.
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So what does a report on the semiconductor shortage ending have to do with the end of the world? The semiconductor shortage was just a “cover story” to what was really the collapse of the just in time, globalization of manufacturing that was protected by the “order”. The “order” was the safe shipping of all goods worldwide by the US Navy which is coming to an end.
We were told that new cars and trucks could not be shipped due to a lack of semiconductors. This is partially true but think about this: how many stories have you heard about cars sitting for months in the shop waiting for just one new part? Now ask the next logical question: when will the economy be able to return to normal? The answer is never.
Without safe and secure shipping guaranteed by the US, insurance rates for ships will crash globalization. And that is only one part of the equation for the collapse of globalization. How bad will it be? Worse than you can imagine for most of the world. Poor countries that have been exploited for one resource (such as cobalt or lithium) will face complete economic collapse. No food, no energy and no hope because there will be no return to good times.
According to the book, China is done. Look at what happened to Huawei when its market share was limited by US sanctions. Now extrapolate that to the rest of the world because no one is buying (or can afford to buy) anything. This book was published just after the Ukrainian war started and is dated. Especially by his analysis of Russia.
I encourage everyone to read the book but be forewarned: it is a slog and the majority is bad news. If you have wondered why countries are so irresponsible with debt or how they expect the people to accept the “Great Reset”, it is because the game is over. The world’s economy will collapse, debt will be erased and whatever label will be applied to the Great Reset is not relevant.
Now for some good news. There are some areas of the world that will be able to rebuild. We live in the best area: Mexico, United States and Canada. The amount of natural resources, different levels of education and limited population vs. land mass coupled with the best natural system of transportation in the world (water) will allow us to survive well in this new world. Western Europe (minus France and Turkey) are in deep trouble. China and Africa are done. Russia will do well despite the author’s assessment.
How can we rebuild quicker? Think backwards. Would you really be upset if you had a 67 Camaro without all of the electronics, various motorized parts and the high cost? Would you really be upset if your watch only told you the time? Would you care if you heated your house with firewood if you were warm? Imagine going back to trusting in the Lord with all your heart instead of trusting the “state”.
This new paradigm is here now. We just have not been told the truth. As I wrote this last sentence, I received the following notification:
German President Steinmeier: “Harder years, rough years are coming our way… An era of headwinds is beginning for Germany.”
They know and they are suppressing the news. For those of us who learned the old ways and prepared for a simpler, Godly life, we have a responsibility to help rebuild our communities. Our world has already changed. Our leaders know it and they believe their solution is World War III. This is not addressed in the book but should have been a major factor for how our future will be shaped. We will not be able to rebuild from a global economic collapse if the nation has been through a devastating war. Will Russia and/or China go scorched earth to prevent our rebuilding? The real question is why our “leaders” want to provoke WWIII and prevent a better future.
David DeGerolamo
I would not be all that bothered if thing where simple once again and people actually loved their neighbor like themselves.
“The real question is why our “leaders” want to provoke WWIII and prevent a better future.” …
I think Robert Gore provided a pretty good answer in two excerpts from his prior post “United Against Existence“:
“Power goes hand-in-hand with destruction and death. Governments are based on their capacity to inflict violence; what else can they produce? Rejecting lofty rhetoric and revolutionary rationales, Orwell wrote that: Power is not a means; it is an end.”
“Regardless of their differing aims, professed justifications, and ideological platforms, the powerful are united against existence. Spoken or unspoken, acknowledged or unacknowledged, they are united by the ultimate evil: to slaughter innocents before their own lives are inevitably extinguished.”
https://ncrenegade.com/united-against-existence-by-robert-gore/
https://straightlinelogic.com/2022/10/26/united-against-existence-by-robert-gore/
Quod Erat Demonstrandum: The power to command is (or leads to) evil.