Global Supply Chain “Systems Collapse” If Solutions Aren’t Found

End time Bible Ezekial 33:6 But if the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take any person from among them, he is taken away in his iniquity; but his blood will I require at the watchman’s hand.

Several industry groups representing 65 million transport workers warned the situation is getting dire. Workers from across the supply chain warned world leaders on Wednesday that global trade is facing a possible “system collapse” if solutions aren’t quickly reached.

The worker’s groups  which represent over 65 million seafarers, truck drivers, and airline workers across the globe  pointed to limits that had been placed on their movement due to the pandemic, including travel bans and additional requirements at borders.

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Trucking companies face massive shortages of drivers, and warehouses run out of space for goods.

“There is no automaker that has not been hindered in some way, shape, or form when it comes to sales because they just simply have no inventory,” said Ivan Drury, Senior Dir. of Insights for Edmunds.com.

“Whatever becomes the hot toy of the season in the next month or two may not be there in huge quantities,” said Steve Pasierb, President, and CEO of the Toy Industry Association.

Some of the worst backups are happening in what’s called durable goods: appliances, laptops, and furniture.

Some experts even expect the supply chain problems to hit the holiday shopping season.

At the most 2 ships sat anchored off the ports of Los Angeles and Long Beach, California, when they are busy, but this week, more than 60 container ships sat anchored off the ports of Los Angeles and Long Beach, California, waiting for their chance to unload as makers of everything from board games to bicycles sweat the looming holiday season.

“The Suez Canal got clogged, a couple of the seaports in China were closed because of COVID, the hurricane took down natural gas production, which is a feedstock for a lot of chemicals,” he explained.

The semiconductor chip shortage is now expected to cost the global automotive industry $210 billion in revenue in 2021.

Semiconductor chips are primarily used in new vehicles for things like brakes, power steering, and infotainment systems. They serve as the brain of nearly all modern electronics.

According to Razat Gaurav, CEO of supply chain software and analytics firm Llamasoft, “This is a classic example of the bullwhip effect.

Small changes in demand, as they propagate further upstream in the value chain, the variability, and the volatility grows dramatically.”

Read more at: https://www.transformedbythetruth.com/banking-collapse-again-and-the-whole-economy-collapse-possible-2/

Read more at: https://www.transformedbythetruth.com/why-are-billionaires-buying-up-land-and-preparing-for-the-apocalypse-2/

Luke 21:11 And great earthquakes shall be in divers places, and famines, and diseases; and fearful sights and great signs shall there be from heaven.

Luke 21:25 And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity; the sea and the waves roaring;

Luke 21:28 And when these things begin to come to pass, then look up, and lift up your heads; for your redemption draweth nigh.

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