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June 10, 2022 - Health Ranger - Mike Adams
01:32:21
Situation Update, 6/10/22 - Transportation SHOCKWAVES reverberate...
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Welcome to the Situation Update for Friday, June 10, 2022, my Mike Adams here, and this is a very important podcast.
Today we're going to cover some really big dynamics happening in the world's marketplace, the transportation, logistics, supply, inventory industry.
Costs of goods and also some major discounts and sales that are coming from all the retailers because inventory is bloated all across America.
And my goal today is to give you enough information so that you can take advantage of this and navigate this massive earthquake, these shockwaves of economic dynamics that are being unleashed right now.
you'll be able to time things appropriately to either get the most for things you're selling or save the most on things that you plan to buy in the next couple of months.
Because this dynamics is going to change very dramatically.
After the next two to three months, it's going to whipsaw back the other direction.
So I want to clarify all this for you today.
We're going to cover a lot of data.
A lot is happening.
In fact, the working title I have for this, which may not be the final title, but just the note I made to myself is, quote, transportation shockwaves rip as consumer demand plummets and inventories explode.
So this kind of summarizes the main dynamic we're looking at here.
Consumer demand is falling off a cliff all across America, and it's not just America, but we'll focus on the U.S. And the reason...
Demand is plummeting is because people have run out of money to buy random things, like things that maybe they didn't necessarily need, because they're spending all their money on three basic things, which is food, fuel, and rent, or mortgages.
Food, fuel, and rent.
So rents have now gone up Something like 25% in the last year across America on average.
And in some cities, it's gone up, you know, 30 plus percent in one year.
And it's an average now of $2,000 a month for rent in America.
I know that that's insane.
But here we are.
So rents have gone up.
Of course, you know, food has gone up dramatically.
And many foods have nearly doubled in the last year or so.
And of course, food is going to double about every 12 months based on the current pace.
And then you've also seen fuel skyrocket.
We're at about $5 a gallon average for gasoline across America.
Diesel is even higher.
And we've got some red alert warning signs flashing in the trucking and transportation industry because truckers are spending now $1,000 a day on diesel fuel to keep their trucks running.
I don't know if you recall this.
I quoted an article, I think, last week.
It was saying, you know, $1,000 to fill up their trucks.
It's like $1,000 per what?
Is that per week?
It turns out it's per day.
$1,000 a day to drive a rig.
I mean, that's just the fuel cost.
That doesn't cover insurance.
It doesn't cover maintenance, you know, oil changes and everything else.
Just the fuel is $1,000 a day to run a big rig down the highway right now.
So because of these costs, people are no longer buying nearly as much stuff at Target and Walmart and Best Buy and Home Depot and all these places and, you know, Costco, wherever you're.
Did I say Best Buy?
Yeah.
You know what I'm saying.
The major kind of popular retailers across America.
People stop buying stuff.
Even home decoration supply and home furniture stores, lighting stores, anything for new homes, their business has just plummeted.
And in fact, business at car dealers is starting to really fall as well.
So people are not able to afford as much because all their income is taken up on those three basic things that I said, food, fuel, and rent.
Now, I believe that sometime today, the U.S. government is going to release its official inflation numbers.
Now, these official numbers will, of course, be a big fat lie.
Because they're going to downplay inflation.
But it's very possible that these numbers could still be 8 or 9%, which is alarming, knowing that the real inflation is 2 to 2.5 times that.
And if the government numbers come out at...
Possibly even 10%, and I'm not predicting they will.
I think they'll try to keep them under 10%.
But if they were to hit 10%, economists would just start freaking out.
And the higher this number is, the more pressure there's going to be on the Fed to raise rates at the next Fed meeting, which is coming right up here.
And the next Fed meeting, they might then choose to raise, you know, the interbank lending rate, the Fed funds rate to, what, 75 basis points or 0.75%.
Now, the last raise was 0.5%, and that has already caused a major slowdown in housing and And real estate because it drastically increases the cost of maintaining loans.
You know, you take out a 30-year loan, if that loan goes from, you know, say 4% to just saying like 6% as random examples, the cost of that loan skyrockets.
Not just a little bit, but a lot.
I mean, you can do the math.
You can do the amortization over 30 years, and you can see the numbers yourself.
But the cost goes up substantially.
I don't know if it doubles.
Maybe it doubles at that rate or close to it.
We'd have to do the math.
But that is happening right now.
And if the Fed raises rates 75 basis points, you're going to see...
A real acceleration in the collapse of the value of real estate across America.
Now, you may wonder how can rent prices be going up as real estate values are collapsing?
How can this be?
How can these coexist?
Because normally you would think that monthly rent pretty closely associates as a reflection of the value of the real estate of the unit that you're renting.
And normally that is the case.
And if real estate prices are falling, then why isn't rent falling?
Here's why.
Number one, all of the landlords, the owners of the properties that are being rented, they have usually taken out loans and they still have to service those loans.
And those loans aren't getting any cheaper for them.
And some of them had variable interest rate loans, which means they're paying more and more and more as their rates go up.
But the other thing is property taxes.
The taxes aren't going down because the counties are still valuing those properties at kind of the bubble valuation.
You know, because the counties want to get as much money as they can.
They usually don't like to downrate property values unless you go in and contest it.
You know, you have to make a fuss.
To get them to mark down the value of your property and reduce your property taxes The home owners or the apartment owners are still paying through the nose for property taxes based on the bubble valuations of those properties.
And then the third thing is that utilities are going through the roof.
The costs of hot water, electricity, internet services, all of these things are going through the roof.
And I know some of you listening, you are landlords.
You do own properties.
And you know exactly what I'm talking about.
Also, the cost to repair anything.
You want to repair a toilet?
What does it cost to get a plumber to come out now?
It's like $100 just to show up, you know, just to look at it.
$100 to look at a toilet.
And then $200 to fix it or whatever.
So all the service people, including electricians, I mean, try to get an electrician right now.
It's very difficult, although that's going to change soon.
But it's been very, very difficult to get anybody to do electrical work or plumbing or roofing or even drywall, for that matter, or landscaping.
Try to get a landscape person.
So all of these costs remain very, very high, and a lot of that is due to labor shortages.
Because of all the free money printing and the stimulus money.
So it's a very dynamic, complex economic situation to understand here.
And by the way, Redfin.com, which is the real estate company, is the source on this.
The median monthly asking rent in the U.S. has surpassed $2,000 for the first time in May.
That is rising 15% year over year to a record high of $2,002.
More people are opting to live alone.
I mean, they go into the story of why that is.
But average rents in 2021 were only in the $1,600 range.
And now in 2022, here we are just halfway through the year, and they're $2,000.
So, I mean, really, it's gone up.
Almost 25% since what?
I guess since early 2021.
So it's not quite 25% a year, but it's approaching that.
Now, let's talk about fuel for a second, because this is another major factor.
So RT has a really great story on this.
The title is Gas Prices Force U.S. Cops to Ration Call-Outs.
So surging gas prices are forcing some U.S. police departments to look for more fuel-efficient ways to respond to calls.
Well, actually, it says one Michigan police force has already asked its officers to To handle, quote, whatever calls are acceptable by phone.
In other words, and this is because gasoline is too expensive for the cops to come out, basically, right?
So, you know, you dial 911.
Oh, my God, someone's breaking in, you know, and then there's a cop on the other end of the phone.
Hi, I'm the responding officer.
What's your emergency?
Oh, somebody's breaking in.
And then the cop's going to say, well...
Too bad we don't have any gas to come out.
Do you have an AR-15, perhaps?
If so, you might want to rock and roll with your self-defense firearms because we're not coming.
We are not coming.
And the reason this is, to me, fascinating is because when I lived in Ecuador, over a decade ago, I lived in Ecuador for a couple of years, and this was what the local police did there.
And, you know, they were very friendly about it, but, you know, they would come to your door, they would come knock on the doors of everybody, and they would say, you know, they'd drive up on their motorcycle.
And they would say, you know, in Spanish, obviously, they would say, you know, we don't have enough gasoline for our police truck.
And, you know, if you have a problem and we ever have to come out, you know, we don't have any gas.
Can you give us some gas money so that maybe we could, you know, respond to something if it happened here?
And, of course, this was kind of half shakedown, half donation, you know?
So, of course, if you're a foreigner living in In a country, like I lived in Ecuador, you help support the local community as best you can.
So, of course, we gave cash to the cops.
And when you give cash to the cops, because they ask for it, because they say they need gas, then, of course, they come around and ask for more cash.
I mean, it becomes like...
A protection fee.
Okay, that's really what it is.
And I'm not saying it's malicious.
They never said anything like, sure would be horrible if your place burned down.
No, they weren't like that.
They were pretty nice.
They were just, it was just kind of a polite shakedown.
And this is what happens in third world countries.
And it's kind of expected, actually.
If you've ever lived in a developing nation, you probably experienced this yourself.
So, you know, you spread the cash around a little bit.
And then people get along.
I mean, really, this is how the real world works.
But in America, no one would expect that.
You don't expect to have to pay the cops to buy gas to respond to your 911 call, right?
But now this has come to America.
That's what's so fascinating to me about this.
I'm like, I thought that was only in South America.
But no, it's in Michigan now.
Michigan.
Michigan County Administrator Nicole Frost spoke with the Detroit Free Press and said the local sheriff's office had already spent 96% of its fuel budget With still three and a half months to go until the end of the fiscal year.
So they've only got 4% of their fuel budget remaining, but they have still like 28% of the year remaining.
Like, hmm, this is not going to fly.
So it kind of makes me wonder.
Let's see.
Isabella County Sheriff Michael Main told the outlet he has instructed his deputies to just basically do whatever you can over the phone.
So, he says, like, non-in-progress calls or non-life-threatening calls.
Okay.
But what happens when they completely run out of gas?
What happens when gas is $10 a gallon?
Because that's where it's going.
What happens when it's not just Michigan sheriffs, whatever county that is?
What happens when it's, you know, 100 counties across America or police departments in major cities across America and they can't afford the fuel?
What happens then?
Well, you know what happens then.
You're going to need your AR. So, you know, make sure you call your senators right now and tell them to oppose all gun control.
And by the way, it turns out the Senate does not currently have the votes to restrict the age for purchasing AR-15s.
They were going to restrict it to maybe 21.
Raise it from 18 to 21 because the House passed that a couple days ago.
That passed the House.
I think 10 Republicans voted with that.
I don't know who they are, but their careers are probably over.
Nevertheless, in the Senate, it doesn't appear that they currently have the votes to get past the 60-vote filibuster to raise the age.
And they certainly don't have the votes to ban AR-15s.
And I want to mention this just for a minute because I'm pretty sure I publicly predicted this I said, and I know I texted this to Alex Jones privately too, by the way, I don't know, right after the Uvalde shooting, I said, you know, gun control is going to fail in America because the defund the police movement was so powerful that it left communities feeling defenseless.
And the Uvalde police, standing around in the parking lot, did not add any confidence to the typical American to think that they can call 911 and get any kind of emergency men with guns to show up and solve their little local problems, whatever those happen to be.
Oh, creepy dude climbing through my window.
What am I going to do?
The answer is grab your AR, man.
That's the answer.
Lock and load!
Turn on your red dot sites.
You know, put in the expanding tip magazines.
You know, release the bold carrier group.
Rock and roll, people, because cops are not showing up, and now they can't even buy the gas.
They can't afford the gas.
So this is why gun control is going to fail.
I don't care how many MKUltra sheep dip program Jason Bourne shooters they unleash out there.
They're not going to convince America to give up their guns because the American people realize it's more dangerous than ever.
I need my AR-15 more than ever is what people are going to think.
I mean, they're thinking that right now.
I need my Glock more than ever.
I need my cig more than ever.
That's cig sour, not cigarette, obviously.
So gun control just can't get through.
People need guns more than ever.
Oh, and a clip on this, 12 seconds.
12 seconds that will blow your mind.
Joy Behar here from The View, you know, which is daytime TV for low IQ women.
Joy Behar says that black people don't yet have guns in America and that when black people do have guns, that's when the gun laws will change out.
No, I'm not even kidding.
Listen to her say this in her own words to a black woman.
This is incredible daytime television.
Watch this.
Most AR-15 owners are former military.
35 plus is married.
So that's all I'm saying.
Here's the thing.
Once black people get guns in this country, the gun laws will change.
Trust me.
All right, so what do you think of that, folks?
Quote, once black people have guns, the gun laws will change.
So I don't know, did they find Joy Behar collapsed on the floor of a time machine, like a time capsule from the 19th century?
Someone needs to bring her up to speed.
Hey, Joy, plenty of black folks have guns.
And you know why they have guns?
Because they know that the history of gun control is tied to the history of the Democrat-run KKK trying to take guns away from black people so that those black people could not defend themselves against being strung up and killed by the Democrat KKK. By the way, I mean, that's the actual history.
So, of course, black folks in America, the law-abiding ones, they're not going to give up their guns, nor should any law-abiding citizen for that matter.
And then there's also, of course, plenty of black criminals that also have plenty of guns, too.
But criminals of every race have guns.
There's creepy white criminals with guns and creepy Hispanic criminals with guns.
I mean, criminals have guns, too.
But Joy never knew that.
That guns had yet been discovered by black people in America.
That's astonishing.
I'm not going to dwell on that, but it was worth pointing out just for the comedy factor of that.
I mean, how does she have a TV program?
Big question.
I feel like texting Joy, you know, saying, hey, Joy, did you know that black people also have shoes?
That's right.
They've been wearing shoes for a while.
Are you so ignorant that you don't even know black folks have guns?
I mean, my God.
Especially if you're black and you live in, let's say, an inner city.
Oh, you know you've got to have a gun because you know the cops aren't coming to help you.
I mean, my God.
Actually, black people get the point faster than white people do.
You start talking about the need to defend your family and defend your community in self-defense and most black folks are like, oh yeah, I get it.
White folks are like, no, the police will save me.
And I mean, it's like, I don't want to make this all racial, but too many kind of left-wing liberal city living white people are just morons.
I mean, seriously, they are morons.
They've never been in the real world.
They don't know how anything works.
They've never lived outside the country.
Either.
Or even outside their own little, like, gated community.
So they think they don't need guns.
Boy, that's...
Wait till the power grid goes down.
It's going to be real interesting in the suburbs outside, let's say, Los Angeles.
Oh boy, I'm not even going to describe how that's going to go down.
It's too graphic.
But anyway, moving on.
So the main point here is that your 911 response or emergency response, first responders, is going to be very aggressively diminished as fuel prices go up.
And think about how much diesel it takes to run a fire truck, you know?
I guess at some point, the diesel will be so expensive for the fire department.
You know, your call is like, my kitchen's on fire, you know, and they'll be on the phone.
Well, you should have bought a fire extinguisher.
Like, we don't have the gas to come out, you know, do it yourself.
Turn on the garden hose.
Urinate on the stove.
I don't know.
Try something.
And You know I'm a stickler for fire extinguishers.
You know this if you've ever heard me, and I believe in fire suppression systems, especially with all these food companies all burning down, right?
And I gotta say, if you don't have a big red fire extinguisher in your kitchen, you are not prepared for what's coming.
No, seriously.
I mean, you know, I'm all about safety and preparedness.
You know, you gotta have your pistol.
You gotta have your AR. You gotta have backup money, like gold and silver, backup medicine, backup radio communications, satellite comms, whatever.
But you also got to have fire extinguishers, folks, because for me, I mean, I'm going to attack the flames, well, the base of the flames, technically, first, and I'm going to call 911 second.
I mean, I'm not wasting time dialing 911.
If I got a fully loaded extinguisher and this fire looks manageable, I mean, you can put out a lot with a couple of fire extinguishers.
You can put out curtains on fire, walls on fire.
I mean, people are so afraid of fire that they never think that you could put it out.
They're just like, some little thing catches on fire and they're like, ah!
And they call 911 and run out of the house and it burns down for 18 minutes while the fire department responds.
I mean, I can't tell you what to do.
I understand.
Fires can be very, very dangerous, right?
So, you know, use your own discretion.
But for me, I'm going to take the fire extinguisher in there and put that sucker out.
Especially since I have so many explosive things sitting around, you know, like that brake parts cleaner spray in cans that I was using to try to mount my tire on the tractor with a little explosion.
I got those cans sitting around.
I don't want those to start blowing up.
I'd rather put the fire out, but that's just me.
I tend to go toward the problem.
That's just me.
Alright, but getting back to the main point here, because consumers are spending way more on food and fuel and rent, they're not buying the consumer goods, so the big shipping bottleneck of all the containers that were waiting to be unloaded off the West Coast ports...
Those containers have, well, there's been a lot of them unloaded, so many, that now there's way too much inventory.
So the inventory to sales ratios, that number, is going through the roof right now for all these retailers, you know, like I said, Target and Home Depot and whatever else, Walmart even.
So they've got way too much inventory.
And because they have too much inventory, you're going to start seeing massive sales.
There's going to be blowout liquidation sales on things like appliances, which you couldn't even get a year ago.
I mean, they were gone.
You're going to be able to get them on the cheap all summer long.
Seriously, all summer long.
It's going to end, but this is the summer where if you have cash...
You're going to be able to buy up stuff at a discount even though there's massive inflation taking place across the board.
You could say this is kind of a little moment of deflation in consumer goods.
But it's kind of an aberrant phenomenon because overall there's massive inflation, you know, in food and fuel and housing and all these other things we talked about.
But there can be deflation in consumer goods and there will be.
And if you have cash or if you've been sitting on gold and silver, let's say, And you need something like a new appliance, you can sell the gold coin, take the cash, buy the washing machine and dryer, whatever you need, and save maybe 25% or more on some of those things this summer.
So this is a great strategy for the things that you need to get, especially if you're thinking of preparedness.
You may find some real bargains this summer.
So there's a great article on this from FreightWaves.com.
Which is a really good website to be monitoring right now.
I check freight waves every day.
U.S. import demand is dropping off a cliff.
That's the headline.
Inbound container volumes to the U.S. are reverting to pre-pandemic levels.
Now, there's a chart in that article.
And in fact, I'm going to show you this chart here on the video.
Now, what you can see from this chart is that the import volumes are plummeting now.
Down to levels below where they were in, let's say, the summer of 2020, which was really, that was all the big lockdown, and even China was locked down, and so China was not exporting.
That's why there weren't volumes at that time.
But volumes have been very, very high ever since.
Up until about looks like May of this year, which we just got out of.
And now looks like about the last two weeks, the import volumes have just dropped off a cliff.
And as this story says, U.S. retailers are stuck with too much inventory.
And Target shares dropped Tuesday morning after executives said the company would mark down unwanted items and cancel purchase orders and move quickly to get rid of excess inventory.
So how is Target going to get rid of excess inventory?
Well, they're going to put it on sale.
And, quote, That despite the strong levels of inbound cargo during the first five months of this year, import demand is not just softening, it's dropping off a cliff.
Because capacity in the Trans-Pacific has remained relatively stable, Fratos' container spot rates from China to the West Coast have plunged 38% in one month.
Down to $9,600.
So let me explain what this is and why this matters.
Now, container rates, and I think they're quoting a rate there for a 20-foot container, but it might be a 40-foot.
I think that's a 20-foot rate.
From China to the West Coast, usually from Shanghai to the West Coast, a container, it used to cost, before COVID, it would cost maybe like $5,000 to ship that container, roughly.
And then for the last two years or so, especially the last 18 months, that rate, we saw it go as high as, I think, well, at least for a 40-foot container, it was something like $25,000.
It was crazy.
And containers were just not available.
And you just had to pay through the nose.
Well, that has plunged now in one month, 38%.
To where they're saying now it's $9,630 for a 20-foot container rate.
So, and the $25,000 rate that I quoted, that's just my memory of what it was, you know, sometime last year.
Anyway, it has dropped substantially from what it was.
And the reason this is happening is because, again, Target and other stores are ordering a whole lot less, and they're trying to get rid of inventories for the reasons that we're talking about here, because consumers are spending too much money on food and fuel and rent, okay?
Now here's where you benefit for stocking up on things at a bargain price.
So for the next several months, all these retailers in the U.S. are going to be desperately trying to liquidate inventory.
This is a very temporary situation.
It will probably last...
Through the end of August, but by September, October, November, they're going to be back to normal in terms of their inventory to sales ratios because they will have blown out things over the summer.
So starting in my estimate is roughly September, but certainly by October, prices are going to go back up, but they're not going to go back up to just where they were.
They're going to go back up much, much higher because we have systemic inflation.
Because the currency is becoming less and less valuable.
And then adding to this, think about goods coming from China.
Yes, they have to traverse the Pacific Ocean on a 40-foot container, typically.
But then they have to be unloaded at the port.
And then they have to be put on a truck.
And the truck burns diesel.
And diesel prices are not going down.
They're going sky high.
And in fact, because of this drastic drop in imports, there are a whole lot of trucking companies that are going out of business.
This is happening across the board.
I mean, there are many, many reports now about small truck owner operators, as they're called, who got into trucking when the rates were sky high and the demand was sky high, you know, a year ago or so, roughly.
And now the demand is just plummeting and they don't have enough loads to be able to justify the vastly increased fuel prices they have to pay.
Remember, it's $1,000 a day right now to run a rig, to just put it on the road and drive it from A to B, $1,000 a day in diesel.
So you got to have lots of loads in your truck, lots of pallets in order to make that worthwhile.
Well, the demand for consumer goods is dropping off a cliff.
The imports are dropping off a cliff.
So the trucks aren't full, which means it's not worth running them.
So what's happening right now to truckers all across America is they're calling their banks and they're saying, Hey, I can't make good on that truck loan anymore.
You're going to have to take the truck back.
I'm shutting down.
I'm not going to be driving this truck.
So here you go.
And they basically just default on the truck loan.
Or maybe they negotiate with the bank or whatever.
There's going to be a whole glut of transport trucks on the market this entire summer.
So if you, for whatever reason, if you want to buy a rig, a trucking rig, Which, by the way, is probably a pretty good long-term investment because we're always going to need trucks.
We're always going to need transportation.
But if you're looking for a bargain, it's coming.
You're going to be able to pick up some sweet rigs.
Just get your commercial driver's license up to date, you know, get ready to pay through the nose for diesel.
And you, too, can own an incredible piece of machinery to transport goods across America.
They're going to be selling these rigs left and right.
But here's the other problem in all of this.
The American consumer, because of the increases in prices of food and fuel and rent, they've been living on credit cards more than ever before.
In fact, if you go look up the charts online, like Total Revolving Credit Outstanding, You're going to find that across America, consumer credit debt is about $1.1 trillion right now, which is sky high compared to where it was just one year ago.
People are maxing out their credit cards.
In other words, they're not living within their means.
Which means that their spending is not sustainable.
So even when they had recently been buying a whole lot of consumer goods, you know, because they were getting stimulus checks from the government, you know, COVID handout checks, that was very temporary.
Consumer demand, consumer purchasing behavior, I should say, is not sustainable because they're maxing out their credit.
The credit's running out, and yet food and fuel and rent are going to continue to climb.
So now we have the collision, the perfect storm, the worst of both worlds.
We have consumers drowning in consumer debt, but also being...
Shall we say, like, Death Star trash compacted by rising costs of food and fuel and rent.
In other words, just being crushed with the trash and that little creepy snake tentacle creature that was in there, like, climbing around with C-3PO and Princess Leia, whatever that thing was that Han Solo shot.
Yes, I'm a little bit of a Star Wars geek, you know, the original Star Wars.
Not the new woke Star Wars garbage put out by Disney.
Talking about the good stuff.
Where Han Solo shot first, man.
He shot him first.
But yeah, people are being crushed with the trash compactor.
And the result of this?
A whole lot of people are going to be homeless.
A whole lot of people are going to give up on their car loans.
A whole lot of people are going to be moving out of their apartments.
A lot of people are going to be living out of vans and truck bed tents.
Yeah.
A whole lot of people are going to be living by the river, you know, down by the river.
And or moving in with their parents or, you know, other relatives and so on.
So there's going to be a glut of homes on the market.
There's going to be a glut of vehicles.
That's right.
So used vehicles have been going up sky high for the last 18 months or so.
They're coming back down.
New vehicles are going to come back down.
There's going to be too much inventory of new vehicles and used vehicles because people can't afford to keep them.
Because too many people are living on debt.
And you know my philosophy.
I've always said this.
Whatever your level of income, live within your means.
Do not live a debt-leverage lifestyle.
I mean, you can fake it for a while.
Look at my boat, you know, whatever.
Look at my McMansion.
Look at, I'm so wealthy.
It's like, it's all fake.
I just, I hate the fakery, frankly.
You know, I would get along better with a guy living in a hut on a ranch and That he just owned free and clear.
You know what I mean?
I have more in common with that dude than somebody faking like they're rich.
I hate fake rich people.
But there's a whole lot of fake rich people that are going to be living on the streets.
I mean, they're going to go from fake rich to real poor to actual poverty, actual destitution and starvation on the streets.
That's what happens when you are over-leveraged.
So don't be over-leveraged, folks.
Live within your means.
Now, where all this is going is that Because of the shutdown of demand or the plummeting demand for consumer goods, a whole lot of trucking companies are going to go bankrupt, out of business.
And so that trucking transportation capacity won't be there if demand returns or when it returns if it does.
So this thing is going to, you know, whipsaw back and forth, and it's going to be ugly.
There's going to be a time where you can't get a truck to pick up your load.
And there's going to be other times where, you know, the loads are very, very affordable, but truckers are going out of business because fuel prices are high.
And frankly, the high fuel prices are just killing everybody in all of this because, you know, everything that you buy and everything that you eat moves by truck.
So according to FreightWaves.com, the rates, what are called spot rates for trucking to move pallets of goods, have dropped 31% since the beginning of this year.
And a lot of truckers are saying, yeah, the rising diesel prices and the falling transportation rates are just crushing their business.
And a lot of them are turning in their trucks.
Like I said, they're out of business.
So that's happening.
But there's something else that's about to happen that's going to make this situation far worse.
And to my knowledge, nobody is talking about this.
In fact, you'd be hard-pressed to even find this news.
But if you go to a website called versatech.com, V-E-R-S-A-T-E-K.com, And there's an article there called, What Happens If the Dock Workers Strike?
Okay.
They're talking about the International Longshore and Warehouse Union Which is a union that represents 22,400 dock workers located up and down the West Coast, as well as the Pacific Maritime Association, the PMA. They're going to begin negotiations on their new contract to replace the current contract, which expires on June 30th.
And this negotiation only happens once every six years.
So this is a six-year contract.
Era coming to an end.
And the dock workers are going to be demanding much, much higher pay.
Why?
Because the higher costs of food and fuel and rent, right?
So dock workers got to eat too, right?
So the dock workers are probably going to strike because they're not going to get the contract that they want.
And the ports that are going to be affected are Are in Washington State, Bellingham, Seattle, Everett, Tacoma, Olympia.
In the Pacific Northwest, Astoria, Rainier, St.
Helens, Vancouver, Portland, and others.
And in California, Eureka, West Sacramento, Benicia, Richmond, Oakland, San Francisco, and then Port Huynemi.
I don't know how to say that.
Los Angeles, Long Beach, San Diego.
These ports in combination, the ones I mentioned and a few others on the list, represent two-thirds of the total tonnage that comes into the entire West Coast of the United States.
Two-thirds of the tonnage.
And they're about to go on strike June 30th.
Now, if they go on strike June 30th, you know, port traffic is going to just stop, which means the truckers are not going to have anything to haul out of those ports.
So the trucking business is going to stop, at least from the West Coast.
But those truckers still have their fixed costs, like loans on their trucks and insurance to pay and so on, personnel, administration, all that.
So you're going to see more trucking companies going out of business if the strike goes on for any length of time.
And then whenever the strike ends, you're going to have all this high demand for cargo, but you're not going to have the trucking companies still there with enough sufficient capacity to deliver all that cargo.
And then suddenly, trucking rates are going to go up.
They're going to skyrocket again, and you're going to have bottlenecks of being able to get anything via pallets.
You see how the whipsaw can happen?
It goes from dead to too much demand.
All of a sudden, overnight, the trucking rates will go up.
And when trucking rates go up, combined with the rising diesel costs, then of course the cost of the consumer goods to the retailers, like Target and Walmart and so on, suddenly that goes sky high.
And once their inventory blowout sales are over, remember they're going to return to normal pricing, but it's going to be actually higher pricing for the reasons we're talking about right here.
So you're going to have low prices in the summer, and then you're going to have crazy, insane high prices for the rest of the year.
That is my economic forecast, based on the information that we have so far.
And of course, it's subject to change.
We don't know for sure that they're going to strike.
But these union workers are probably going to strike.
They're pretty much going to strike.
At least for a couple of days, you know, just to show that they're serious so they can get more money.
I mean, who couldn't use more money, right?
So let me just read for you from the story that's going to blow your mind.
Okay.
So citing the current shipping challenges, the PMA requested that the ILWU agree to postpone contract negotiations for another year.
However, the union workers have made it quite clear they're in no mood to do this.
So labor talks will take place as scheduled.
These negotiations transpire under conditions where workers are looking at mandatory 24-7 work schedules.
Right?
Like, you could have to work at 3am.
And where wages are being gutted by inflation, which is what I just said.
In addition, dock workers are exasperated.
We don't normally see this word in news reporting, right?
Dock workers are exasperated by the skyrocketing profits that major shipping companies have garnered because of the pandemic.
Because of these tensions, a dock worker's strike is not out of the question, they say.
In other words, they're like, hey, these shipping companies are just making a fortune.
Shouldn't you share a little bit of that with us since we are offloading your ships?
So there's another factor that's mentioned by the story here, that the union doesn't want automation because the union wants to protect jobs.
But the ports, well, the PMA and the port owners, they want automation.
Which are shown as automated stacking machines, yard tractors, truck gates, ship cranes, you know, robot-controlled automated systems in order to not need as many workers, right?
But the union's like, no, you gotta hire us, you know, otherwise, you know, we're gonna slow down everything for you, which they do from time to time, you know, work stoppages, work slowdowns, whatever.
So this is what's shaping up, folks, and this is going to impact you.
It's going to impact your supply chains.
It's going to impact your spare parts for your business, your air conditioning system, agriculture equipment, automobiles, communications gear, even government contracts, everything.
Glues and resins and plastics and everything.
If they go on strike, the economy gets hammered hard, worse than it is already.
Now then, just in case you wanted to add to this, I bet you didn't know, there is a major cargo trucker strike happening right now in Korea.
That's right.
If you go to koreatimes.co.kr, And you can read this in English.
Unionized cargo truckers nationwide went on a general strike Tuesday.
That was just this most recent Tuesday.
Demanding that the government extend a freight rate system guaranteeing basic wages for truck drivers to cope with surging fuel costs.
Okay, got it?
What's the common denominator here, folks?
Higher fuel costs all over the world.
Why are fuel costs higher?
Because the United States and NATO initiated economic warfare against Russia by implementing the – well, disconnecting Russia from the SWIFT banking system, making it so that Russia can't sell, for the most part, gas and energy and oil.
Although I know that Gazprom Bank was still allowed to function, but the EU is shutting that all down over time anyway.
And a lot of countries just instantly banned exports, energy exports, from Russia.
And so as a result, the global supply of energy was immediately restricted, quite substantially.
And because of that...
Inflation hits everybody, including dock workers in Korea.
So we have 25,000 members of the Cargo Truckers Solidarity Group, which is under, what is this, the Korean Confederation of Trade Unions.
And they're saying, well, we're going to have to negotiate to get more pay.
Otherwise, we're going to continue our strike.
So they're on strike right now.
Which means that the trucks aren't running there to the ports, which means that the Korean manufacturing, which, believe me, you have all kinds of stuff in your house and your business that's made in Korea.
You know, there's appliances, electronics, and communications, and all kinds of stuff.
South Korea, of course, we're talking about here, is a major manufacturer, and they're very, very good at manufacturing.
The Koreans are actually pretty darn awesome at making stuff.
Perhaps not their automobile brands, but the consumer goods are really good.
And most of your appliances are made in Korea, washing machines and dishwashers and dryers, but even more advanced stuff than that, too.
So all of that is being...
Stalled out right now.
And we don't know when that is going to end.
But you see the pattern here.
So it's not just the truck drivers, the dock workers, union people.
It's everybody needs more money to live because the cost of living continues to skyrocket because food, inflation, and rent, basically.
Right?
Where does this end?
How do the disruptions ever settle down?
Well, they don't because as long as the money printing continues and as long as the economic warfare against Russia continues, which it will for a long time, probably until the West commits economic suicide, which is in the process of happening.
But until the money printing stops, this thing that we're looking at today is going to get worse and worse and worse.
It's going to be more strikes, more stoppages, more disruptions, more whipsaws, more bankruptcy.
Shipping rates will go super high and then super low, and there'll be too much inventory and too little inventory.
There'll be liquidation sales, and then there'll be sky-high normal pricing and so on.
You and I have to time all of this.
We've got to watch this.
We've got to navigate this in order to be able to survive this and not end up spending all your money on overpriced things when if you bought it three months earlier or three months later, you might have been able to save maybe 30%, 40% on things that you need.
That's the point of why I'm covering all this today.
It's about timing.
Now, I think it's fair to say that you're going to see a collapse in the trucking industry, the domestic trucking industry, over the next several months.
Not a total collapse, obviously, but you're going to see a lot of smaller truck operators or independent owner operators going out of business.
Sad to say, because we honor truckers here.
We understand the importance of what they do for America.
Again, everything you eat, everything you buy, everything you consume comes off a truck at some point.
And truckers have a rough life, man.
They really have it rough.
And they're not nearly as appreciated as I think they should be.
But as a result of this, your food shelves are going to go more empty for the entire second half of this year.
Because with fewer trucks operating, there won't be as much efficiency in logistics and routes and so on.
So you're going to have longer delay times on delivering food for grocery distribution.
And longer delay times for a perishable product means more things go bad and then there's more food waste.
So I don't know if you know this about the grocery business, but there's a tremendous amount of food waste.
I don't know the exact number, but think about it.
If bananas get 10 days too old, they're basically worthless, right?
Or avocados for that matter, right?
You don't want a brown, mushy avocado.
You want a fresh green one, just slightly soft, not rock hard, but also not mushy.
So that's a timing issue.
And timing requires efficiency in logistics.
It requires on-demand capacity that is reliable.
And that is what is vanishing from the system over the next three months as more and more truckers go out of business because of rising fuel prices and plummeting transport demand.
So these are the shockwaves that I'm speaking of in the title of today's podcast.
When I say these shockwaves are going to be all over, you know, ripping around the world, it's transportation shockwaves because consumer demand is plummeting, but inventories are currently very high.
Inventories have exploded.
So the whipsaw effect of this is going to be catastrophic, which is why food prices are going to continue to skyrocket.
More food waste, less transportation efficiency, and higher prices for food inputs, including farming inputs, right?
Diesel fuel for the tractors, farm labor, And also electricity prices going higher as well.
So you're going to be paying so much more for food.
That everything we talked about in this podcast is going to be kind of a self-reinforcing cycle of economic doom.
It's going to get worse.
Higher food prices means more strikes because people need more money.
More strikes mean more disruptions.
More disruptions mean more truckers going out of business.
More truckers going out of business means less efficiency.
Less efficiency means more food waste.
More food waste means higher food prices.
Higher food prices means more strikes because there's more food inflation and the workers – you see what I'm saying?
It's a cycle.
It's all interrelated and it's all spiraling in the wrong direction.
And what are governments going to do about this?
They're going to try to throw stimulus money at it.
Because that's all they know how to do.
Because they're economic morons.
They're going to print money.
They're going to roll out universal basic income.
And they're going to try to tell you, don't worry about the lack of transportation.
Don't worry about higher fuel prices.
Don't worry about empty food shelves.
Here, have more free money.
Well, currency.
Which means more money will be chasing fewer goods.
Which causes prices to go which direction?
Oh, yeah.
Up.
So then you're going to have more inflation because of all the stimulus money.
But that's all governments know.
Governments can never solve the underlying problems that they created in the first place.
You want to solve this problem?
You want to make food and fuel affordable?
It's real simple.
End the sanctions against Russia.
End the war.
Force Zelensky to negotiate some kind of peace with Russia.
End the conflict, end the sanctions, and then maybe by the year 2024, we might be able to kind of unwind this insanity.
I mean, we're already screwed for the rest of 2022 and pretty much most of 2023.
Trust me on that point.
Right now, if we solve these problems, we might have some light at the end of the tunnel of 2024.
But I don't even see anyone working on solutions.
All they're going to do is print more money.
It's going to make the problem worse.
And the more money they print, obviously, the faster the whole system falls apart.
That's where we're going.
That's why I keep talking about gold and silver and growing your own food.
And on that point, by the way, don't forget my friend Marjorie, her free food.
What is it?
Icangrowfood.com.
Go to that website.
Register for free.
Watch the webinar.
She teaches you how to grow food.
She's a sponsor of Brighteon.
Icangrowfood.com.
And teaches you how to grow a little vegetable garden and have rabbits and make your own fertilizer by peeing in buckets and things like that.
Seriously.
The system works.
And, you know, you might laugh about it now.
You're not going to be laughing when you're starving.
You're going to wish you had peed in the bucket and fertilized your garden with it so you had something to eat.
And what's interesting, by the way, just as a side note, what Marjorie told me in one of the interviews is that the average production of urine from a human being is exactly the right amount of urine to fertilize the amount of food that a human being needs to eat.
So it's like your body actually makes the fertilizer that you need to grow the food for yourself.
Kind of interesting, isn't it?
And yet, you know, we just flush that down the toilet these days.
That's going to change.
People are going to be saving their pee.
Times are going to get interesting.
I can see it now, a whole new kind of, you know, pee collection culture of, you know, happy, nutritious people have their own songs like Don't Worry, Pee Happy, you know.
You want to make your vegetables grow?
Unleash that golden shower.
No, don't worry.
Pea happy.
Right?
Something like that.
Don't worry.
Pea happy.
The gardener's motto.
I'm sure some homeowners association would have some rule against that.
How dare you collect your pee, you know?
I caught her out there at two in the morning, peeing in a bucket!
Kicked them out of the neighborhood!
I don't know why...
HOA Nazis have a British accent, but it seems like the kind of people who would do that, right?
Follow the rules.
This is America.
We're going to pee in buckets and grow food.
Go back home.
Whatever.
Frankly, I hope...
This is a joke, but I hope the food scarcity situation gets so bad that Joy Behar has to pee in a bucket.
That's when we know it's bad.
Okay, I'm kidding.
Oh my gosh.
I've got to get her out of my mind.
Woman, stop saying stupid things on TV, man.
You're interfering with my consciousness.
Now, I'm not done yet today.
I'm getting right back on track here, okay?
I'm not going to let myself get carried away with too much comedy and music and song and dance and all that.
Here we go.
Yahoo News.
How a battery shortage is hampering the U.S. switch to wind and solar power.
Okay.
Actually, this is from Reuters.
So, remember that as fuel prices get higher, what does the Biden regime tell us all?
What do they say?
Oh, buy an electric car, man!
Just buy electric!
And you have these Democrat lawmakers like, oh, you bought an electric car and I drove all the way to D.C. with an electric car!
And I was just driving right by all the gas stations.
Yeah, because you were looking for your charging station where you have to spend eight hours waiting for your car to charge, where at a gas station it'll only take you five minutes or maybe less.
It's just incredible.
I forgot which lawmaker that was, but she was bragging about passing gas stations because she's driving an electric car.
Does she realize that Even people who drive gasoline cars, they also pass most gas stations.
You don't have to stop at every one, crazy person.
Most of us pass most gas stations all the time.
But anyway, there's a shortage of batteries, okay?
And there's a shortage of components that go into these batteries.
I wonder why that is, huh?
Could it be because, I don't know, mineral prices are going through the roof because the West cut off Russia, which exports a lot of minerals?
Could that be part of it?
Or what about the sky-high labor prices?
What about transportation bottlenecks?
These are all quoted in the story.
And this is why the supply of batteries is just not hacking it here.
And even Reuters says, quote, And then it goes on, storing power is considered vital because solar and wind and so on, because obviously the sun doesn't shine 24 hours, and wind doesn't blow 24 hours, so you've got to store the power, but the batteries, you can't get the components now.
Because of the supply chain disruption that is happening globally.
And prices for lithium-ion batteries have soared 20% since last year because of lithium and nickel cost increases.
Hmm.
Where does nickel come from?
Well, several places, but part of it is Ukraine and Russia.
I mean, Russia more than Ukraine, I believe.
But yeah, nickel.
Think about aluminum.
Think about lithium and copper and zinc, magnesium.
Where do these come from?
Well, lots of them come from Russia, or at least part of the global supply comes out of Russia.
But even when they don't come from Russia, you still have so much demand for these because there's such this government subsidy push for electric vehicles and so on.
You just don't have a supply chain for this thing.
So when they say, well, we have to get off of fossil fuels, we have to switch to green energy, when they say that, they're not real.
They don't understand the fact there's not enough manufacturing.
There's not even enough supply of the minerals to switch suddenly to green energy.
Doesn't exist.
The infrastructure doesn't exist.
And adding to the comedy of all of this, check this out, the Wall Street Journal.
Paid a writer to drive an EV on a four-day road trip.
That's right.
Quote, I rented an electric car.
This is the title.
I rented an electric car for a four-day road trip.
I spent more time charging it than I did sleeping.
This is by Rachel Wolf.
And she starts out, you know, I thought it would be fun.
And she's going on this road trip with a friend of hers.
And they planned it out and all the places to stop and charge the car and to visit restaurants and things where they were charging.
And they ended up in these dodgy areas of towns and cities walking for 30 minutes while their car was charging.
Walking to restaurants where their reservations had been canceled because they were late.
Because the charging took too long and the chargers didn't work and nobody knew how to run them and they weren't being really well maintained and they were super slow, much slower than what was promised.
And she realized that this is a nightmare and that it's so much better to have a gasoline car or a diesel engine.
So you pay more for an electric vehicle, and then your life becomes a nightmare.
And they even talk to other travelers along the way, such as this woman, Deborah Carrico, who had to be towed twice during a recent trip because her electric vehicle ran out of battery power.
And I don't know if you've seen these videos online.
They are super hilarious.
But some people, in order to solve this problem where they can't find charging stations, you know what they do?
In the trunk of their electric vehicle, They carry around a gasoline generator.
Yeah, in the trunk of their electric car.
And then if they run out of power, on the side of the road, they pull out a generator and they fill it with gas and they run it for hours to charge their car from a small generator, which doesn't really produce that much power.
I mean, it might be, you know, a thousand watts, which, I mean, come on.
You know, a rapid charge of an electric vehicle uses...
More like 20,000 watts.
You know that, right?
Like 20 plus kilowatts is what it takes.
So you don't have a 20 kilowatt generator in your trunk, trust me, because it would be bigger than the car.
I mean, the benefits of gas are that it has incredible energy density.
A lot of energy is stored in a very small space.
That's why gasoline has revolutionized the world.
Well, fossil fuels, right?
That's how we have cheap, affordable food because of tractors.
You can use a little bit of fuel to power a big tractor that can be like 100, quote, horsepower, which is equivalent to 100 horses, hence the name.
And then you can produce the food as if you had 100 horses, which is a lot of food, just from, you know, a few gallons of diesel.
But these people want to go backwards in time, but they want to carry around gas in the trunk of their electric cars in case they need to refuel, but it takes hours.
I mean, hours?
You can charge that car for three or four hours and you'll still only get like another 10 to 15 miles on it.
I mean, your four-day road trip could become like a two-week ordeal.
See, I mean, think about this, folks.
I know you get it, but just to state it one more time, if you have a gasoline engine, you can carry extra gas.
And there are gas stations that are everywhere.
But even if you can't find a gas station, because, I don't know, you're going through the deserts of Nevada or something, you can carry extra gas.
And how long does it take to refill your fuel tank with, I don't know, five or ten gallons of extra gas that you had in a can?
How long does that take?
You know, it's like a couple of minutes.
And then you're back on the road.
But if you have an electric vehicle, you can't carry extra batteries that would do much of anything because you're already carrying batteries.
And they are very large and heavy.
And when they're out, I mean, it takes a long time to recharge them.
But believe it or not, you know, the Biden regime and the Democrats and frankly, a lot of consumers, especially left wing ignorant people, they don't realize that the electricity that charges their electric vehicles usually comes from coal.
So you're not driving an electricity powered car.
You're driving a coal-powered car.
Electricity is just the translation of the coal energy.
The source of the energy is coal.
And this became apparent to a top General Motors publicist.
There's a video that's been circulating.
It's actually kind of an older video, but it's especially relevant right now.
I wanted to play this for you because it's hilarious.
She thinks that the electricity comes from the building.
Like the building that has the electrical outlet.
And when she's asked, like, well, where does the building get the electricity?
Check this out.
This is funny.
No, the battery in this particular design is a T-shape right down the center and across the backseat area.
Because everybody thought we killed the electric vehicle.
No, we didn't.
It's alive and well.
So what's charging the batteries right now?
What's the source of electricity?
Well, here.
It's coming from the building.
I mean, what's our mix of power?
Oh, actually, Lansing feeds the building.
What's that?
Lansing feeds power to the building.
So I don't know.
I bet they're a bit of coal.
They're heavy on natural gas, aren't they?
Right now, the car's charging off of your grid.
Right.
It would be charging off our grid, which is about 95% coal.
I know that video cuts off right there at the end, but...
The guy from the Lansing Electric Company, basically, is saying, yeah, it's 95% cold.
So this GM publicist, Zimmerman is her name, there she is bragging about this electric car.
It's so amazing, you know?
And she's asked, well, you know, where does the power come from?
It's from the building.
And there's no, no, where does the building get its power?
She's like, I don't really know.
And then it's 95% cold.
This is so common among people who are pushing electric cars.
They don't know where electricity comes from.
No, seriously.
I mean, it's hard to find the right descriptive words without sounding like I'm just name-calling a bunch of morons, which I guess I just did.
But They're stupid, okay?
I mean, they're just really, really stupid.
They don't know where food comes from.
They don't know where electricity comes from.
I bet you, when they flush their toilet, they don't know where it goes.
They don't know.
They don't know where tap water comes from, probably.
They don't know where groceries come from.
They don't know where burritos come from.
Yeah, I mean, they're just oblivious to everything.
And this is an executive at General Motors, right?
They don't even know that their electric cars are charged by coal.
So if all your electric cars are charged by mostly coal, I mean, yeah, depending on where you are, it could be some different sources of the energy.
It could be natural gas, could be coal, could be a little bit of wind and solar perhaps thrown in the mix, but it's mostly coal across the board.
So, you know, the advantage of It's supposed to be like you're running on electricity, but the disadvantage is it takes you maybe eight hours to charge your car, and you're still burning coal.
It's like, I thought this was zero emissions.
And they say, well, it is.
Look at the tailpipe.
I mean, the lack of tailpipe.
There's zero emissions right here.
And you're like, well, what about the emissions down the road?
At the coal-fired power plant?
What about those emissions?
I thought you said this was zero emissions.
And it's not.
You didn't eliminate the emissions.
You just migrated them.
You are an emissions migration expert.
You've just displaced the emissions to somewhere else.
Actually, what you've done is you've moved the emissions out of the cities where the liberals live and put the emissions in the rural countryside where the conservatives live.
So in other words, you've exported your pollution to conservatives.
Why am I not surprised?
Because the same liberal cities also export all of their human waste and feces by calling it biosludge and dumping it on rural farms, right?
So think about this.
I mean, this is what cities do.
I mean, they produce, you know, human crap and waste and pollution emissions.
They just export everything bad to the surrounding regions, and then they claim to be clean and green.
But it's all a fraud.
It's not any more green.
It's not any cleaner.
In fact, it's just dumb, actually.
And then there's the fact that you're riding around in an electric vehicle.
You're surrounded by four powerful electromagnetic motors that drive the wheels.
And so you're sitting in this incredibly powerful electromagnetic field.
So you're being exposed to electro-pollution constantly.
When you're driving one of those cars, whereas a gas engine car has orders of magnitude lower levels of electromagnetic pollution.
So for all these people that are sensitive to Wi-Fi or sensitive to high-voltage power lines or sensitive to, I don't know, EMFs and Bluetooth and whatever, if you drive an electric car, it's like being assaulted with electromagnetism.
So, you know, what are the health implications of driving around in these powerful magnetic fields all day long?
Seriously, I mean, has anybody done long-term health studies on this?
Well, of course not.
They're not even willing to do long-term studies on mobile phones, so they're not going to do it on electric cars.
What if it turns out 25 years later that all the people who grew up driving electric cars, they're all dying of cancer?
Is anybody going to be surprised?
No.
And that's just actually if the spike protein doesn't kill them first.
But I wouldn't be surprised if they die from EV vehicle cancer.
But think about this in the context of what we've been talking about for this entire podcast, which is a collapse of the transportation infrastructure.
Consider the fact that California is banning I believe all combustion engine new car sales by the year 2035, or I think that's right.
It might be somewhere plus or minus there.
But this is going to be spreading to more liberal states.
They're going to ban combustion engines, you know, at first just banning new sales of vehicles, but then over time banning all combustion engines.
You won't even be able to drive a combustion engine on the highway, and then they're going to shut down the gas stations.
Well, the gas stations will go out of business because there won't be combustion engines going there.
And so I guess you're going to have everybody waiting hours at these electric recharging stations that are all connected to some kind of beefed-up power grid now that has to have massive added capacity, which is going to cost many billions of dollars.
And then what's going to power these charging stations if the Democrats are also shutting down the nuclear power plants and the coal power plants and even natural gas?
What are you going to charge it with?
You see the problem here.
And then think about trucking.
So California already has special laws for trucking.
We have to have a rig that meets California's emissions requirements.
And these are, of course, more strict than any other state in the United States.
So what happens with a lot of loads coming off the ports is they get put on a truck.
This is a California truck.
It drives eastward to the edge of California.
Maybe, you know, they get close to the border of, let's say, Arizona.
Or, you know, driving north up to Oregon.
It gets close to Arizona, then they transfer this load to a different truck, which is a less expensive truck to operate, that meets emissions requirements for all the rest of America, but not California, or that isn't allowed to go into the ports of California.
You know, somewhere between the port and the border of the edge of the state, this load has to change to a different truck.
Well, what's going to happen when California bans diesel trucks?
Because you know that's coming.
When they ban diesel trucks, then you have to have an electric truck pick up everything at the port.
And then this electric truck probably drives about 50 miles and then has to recharge for 10 hours.
And then it goes another 50 miles and has to charge another 10 hours.
You know why?
Because trucking takes a lot more energy than driving a Prius.
You know why?
Well, I mean, it's physics, right?
I mean, trucks have a much bigger wind profile, so they're plowing through a lot more air, and then they are carrying heavy loads and they have to go up hills.
And, you know, the regenerative braking doesn't really do that much.
It doesn't really regenerate all the power you use to go uphill when you go back downhill.
No, it doesn't really work that way.
It's not 100% efficient, not even close.
So electric trucks are going to have very limited range.
But they'll probably cost half a million dollars, right?
Because of all the lithium that they have to have and all the nickel and all the manganese and whatever else goes into cobalt.
There you go.
There's another mineral that comes out of Russia that you got to have in certain types of lithium ion batteries or lithium ion phosphate batteries.
You know, the LifePo4, as they're called, different battery chemistries, but they all use variations of these same minerals, including cobalt.
So there's not enough of these minerals for all the reasons we've talked about, and then this EV truck is going to cost half a million dollars, and that means the trucking segment from the California port to the edge of California is going to be incredibly expensive.
It's going to be insanely expensive.
So then, you know, transportation costs are gonna go up for everybody, for food and consumer goods and all of that.
I mean, you see the problem here.
In other words, EVs will be so expensive, you will wish you were only paying $10 a gallon for diesel at that point.
You're like, it would be a bargain to pay $10 a gallon for diesel compared to the cost of running these electric trucks that don't even go very far before they have to recharge, and the recharging takes hours.
So your load will proceed at about the speed of the Pony Express.
You know, I mean, you might as well put your pilot on a donkey and ride that donkey eastward across the deserts of California.
It'll be faster than these EV trucks.
And let me know if you want to borrow some of my donkeys for that little job.
They need to earn their way a little bit.
I got, you know, this group of welfare donkeys.
They've never done anything useful except maybe pound a few coyotes with their hooves.
And so I guess that is something useful.
But they need to earn their way.
So if you want to put them to use hauling goods from the Long Beach port, just let me know.
But they will complain because they've never had to actually work before.
So look, in everything that we talked about today, have you heard anything here that's going to make food less expensive?
Have you heard anything that's going to make fuel less expensive or rent less expensive?
Not really.
Everything is going to become more expensive, especially food and fuel and transportation and so on.
More expensive for years to come.
What do you think the effect of this is going to be on America?
You're going to have not just a depression, but an economic implosion.
You're going to have angry people rioting.
You're going to have food riots.
You're going to have civil unrest.
You're going to have mass homelessness.
You're going to have financial collapse of, you know, liberal cities, which is already underway.
You're And less of a police response.
And we talked about that.
I mean, they're not even going to be able to afford the gas.
It's like, sorry, ran out of gas.
Our gas budget's all used up.
Better use your Glock.
Hope you have a spare mag.
Oh, and you know what?
This reminds me, you're going to need body armor.
And I just posted the interview with...
Lyman Bishop.
He's really cool.
He's a mechanical engineer.
He's the founder of Hoplite Armor.
And what is it?
There was a discount code for you guys on Hoplite Armor.
Let me find it.
Here it is.
Use discount code CIVILIAN to save 10% on all the body armor at hoplitearmor.com.
This interview is really cool.
Lyman is a super cool guy.
He's smart.
And he and I were able to talk, shop, I mean, you know, kind of geeking out a little bit on ballistics and physics and whatever.
And he's got these Body Armor products all figured out.
They're super lightweight.
They're the lightest things I've ever seen.
And they're using, what is it, high molecular weight polyethylene Thank you.
Thank you.
Thank you.
If you can't find it, just search for the word Hoplite, H-O-P-L-I-T-E, and you'll find that.
And I would say, by the way, get yourself some body armor while you still can, in case they try to outlaw that stuff.
Because you might need body armor to go buy burritos at some point.
It's like, go into the grocery store, honey.
Do you have my chest rig?
Have you seen the body armor?
No.
I mean, okay, maybe that's partially a joke, but not entirely, depending on how bad things get.
It can be kind of dicey going to get food in some areas, especially if there's a bunch of people waiting outside the grocery store looking to rob anybody who can afford food, you know?
It's like you come out with a couple of grocery bags, you're like, ooh, might be some, you know, hamburgers in there.
Might be some ice cream.
And they might try to, you know, stick you up, rob you, especially if your hands are occupied with your groceries.
So just buying food is going to get more risky in the months ahead, no doubt about it, depending on where you live, of course.
Now, you know, just for the record, I'm not saying to walk into a grocery store all body-armored up like in military garb, because you're probably going to get the SWAT team called on you.
They're going to think you're a mass shooter, you know?
So don't do that.
In fact, in the interview with Lyman Bishop, I talk about concealable body armor.
I think that's the best way to go in these situations.
I mean, you determine the need, but if you think you're at risk and you need to wear some body armor, do it in a way that's not obvious.
You can have maybe a larger shirt over the top of another shirt.
Don't be flashing around like, oh, I'm Mr.
Body Armor Tactical here to buy hamburger buns.
No, that's not going to go well.
Oh, and always my disclaimer is, of course, follow your local laws.
So I think in New York City or maybe all of New York.
Yeah, it's all of New York.
Body armor.
I think you can't buy it.
Maybe you can't even wear it.
I don't know.
Check your if you live in New York.
Number one, you might want to consider relocating.
But if you're living in New York, maybe you're in upstate New York.
Is body armor legal?
I don't know.
Call Governor Hochul and see what the current law is, because I think she just outlawed it.
But maybe think about going somewhere else.
You can have body armor in Florida, huh?
And Texas, of course.
We've got plenty of body armor around here.
But then again, in Texas, I don't anticipate having to use it to go out to buy stuff, because pretty much everybody's armed, and that typically solves that problem.
I was at the hardware store the other day, just a quick tangent, and a guy in line in front of me was just open carrying a pretty nice Glock 17 is what it looked like, and quite a few spare mags.
Not just one spare mag, but a few.
Like, his belt was pretty occupied.
He had the pistol on his right, and he had a triple or quadruple mag on the left side of his belt, which I've seen a lot when we're training in tactical pistol skills, because you've got to reload a lot during the training, and you'll put on a battle belt with that kind of setup.
That's pretty common, but it's not that common at the hardware store.
But I've got to say, being in Texas, this dude's wearing that.
Nobody, there's no problem.
Like, nobody flipped out, nobody called the police, nothing.
Even the hardware store employees, you know, just talking to him like normal.
He's just wearing a gun.
Totally normal thing in Texas, which is a good thing.
So I actually appreciate, I appreciate guys that open carry like that.
I don't carry that way because in my view, if you don't have really good holster retention, you probably shouldn't open carry because somebody can come up behind you and just take your pistol and shoot you in the armpit with it.
But that's because I have a lot of training and I know that that's what bad guys do to cops if they don't have holster retention.
So anyway, if you open carry, maybe think about holster retention.
This is just a little tip for you to stay alive.
But hey, before I wrap this up, I want to plug something really cool I'm kind of proud of in our store that I formulated this.
It took a long time.
It's called Silver Fresh Liquid Deodorant with Magnesium and Baking Soda.
Now, I know it's getting complicated.
There's a lot on the label.
But let me explain something.
This deodorant, which has kind of a cream texture, And this is vastly improved from the first batch that we did.
This is really, really good.
The ingredients are so simple but very, very effective.
Check this out.
It's got colloidal silver, magnesium hydroxide, baking soda, and thymol.
And then there's a mixture of other essential oils, rosemary oil, lemon, lavender, cinnamon.
And then as the thickener, we use guar gum.
So there's a little bit of guar gum in it as well.
This is a really great deodorant.
The thiamol, I think, is the secret ingredient.
But the combination of silver, magnesium hydroxide, and baking soda works extremely well.
And we don't use any aluminum.
Because a lot of deodorants and antiperspirants use aluminum, and that's toxic.
It's toxic to your brain.
And whatever else.
I mean, it's toxic to your kidneys as well.
Aluminum is.
But we don't use any of those toxic ingredients.
In fact, baking soda is just sodium bicarbonate, right?
So it's just a form of sodium.
And these essential oils are all truly natural, just plant-extracted oils.
And so there's no fragrance in it.
I mean, no artificial fragrance.
I mean, there's natural fragrance from the oils.
And the thymol works extremely well.
It's extracted from thyme.
This formula is just great.
So I want to encourage you to try this.
If you want a natural deodorant that has no aluminum and no artificial fragrance, try this out.
It works very, very well.
In fact, it works better than previous deodorant products that we used to carry a while ago.
It works much better.
Now, this is available at healthrangerstore.com, of course.
And we've got this in stock and we're making more.
And the colloidal silver is made from Texas rainwater.
And this is made out of these big silver plates and the electronic system that I engineered.
I had it custom made, all the electronics we had custom made for us in order to do the, to make colloidal silver as the base ingredient for this, which of course infuses deionized rainwater with positively charged silver ions.
That's how it works at AG+. And then you add these other ingredients and the combination is just really incredibly effective.
I just want to mention though, it's not an antiperspirant.
It won't stop you from sweating, but sweating is a natural process.
But this cream is really, really white.
I mean, it's almost as white as Joy Behar.
And it's so white that you do have to be careful, like, the whiteness can get onto your clothing.
Now, it washes right out because it's water-soluble.
It's all water-based.
You notice there's no oil in this.
It's not coconut oil.
There's no petroleum oils, nothing like that.
It's all water-based, so it washes right out.
But the whiteness can get into...
Like the armpits of a shirt or something.
But it's not a stain.
It's not a permanent stain.
It just washes right out.
I just want to be clear about that.
Some people are like, I don't want any white.
You know, nothing white.
Nothing on the clothes.
Okay, I get that.
Like, going out to your cocktail party or whatever.
I totally get it.
But the other thing is that this works...
Really well, and we had kind of a funny marketing meeting about this.
It's always hard to figure out how to position products that work against things like odor.
Because, you know, what do you do?
I mean, how do you describe that?
It's like...
You know, extra powerful, super stank formula, you know?
I mean, you know, how do you come up with this?
Like, works for the extra stinky days, you know, or whatever, you know, because you can't insult your customers, right?
This is one of the rules.
And you'll notice that even like Procter& Gamble and whatever, when they sell these types of products, it's never about how much you stink.
It's about like freedom and, you know, whatever.
And the old ads from the 1980s, It was like, get a little closer with whatever that deodorant was they were selling.
I forgot the name of it, but they sell their products as if you can be close to people.
You can hug more or you can be intimate more.
You might be able to have sex more.
That's implied by a lot of the consumer brands, like Mouthwash.
They don't say...
Is your horrifying breath destroying your life?
No.
They're like, oh, use the mouthwash, clean smile, fresh breath, sexy people getting together.
That's the marketing.
But the conversations around the marketing are kind of funny.
It's like, this really works.
This works great for stinky people.
Like, who did you test this on?
Oh, this friend is really thinking.
He's got BBO, which you know means beyond BO from Seinfeld.
He's got BBO and it worked for him.
It's amazing.
Can we say BBO approved?
No, you can't say that.
So we had fun with this one.
We ended up just calling it Silver Fresh.
How about that?
It's kind of a pleasant sounding Silver Fresh.
There you go.
Liquid deodorant.
But one more comment.
If you read the ingredients on this, you can make this yourself.
You really can.
You can make colloidal silver, and then based on the order of the ingredients, you can take a blender, like a Vitamix, and you can throw in magnesium hydroxide, baking soda, guar gum, and then all the thymol and the other stuff.
You can make this And, you know, it's a lot less expensive to make it yourself because obviously we have to go through packaging and all the labor and all the equipment and all the regulatory compliance and documentation, lot production numbers and all that, and science lab testing and all that stuff.
You can bypass all that stuff and make this yourself.
And I encourage you to do that.
I mean, go buy bulk baking.
So you should have that anyway.
Buy magnesium hydroxide.
Buy bulk guar gum.
And watch my videos on how to make colloidal silver out of silver coins.
And make your own stuff, man.
It's great practice.
Get some of these essential oils.
Just put in some.
You're like, how much do I put in?
I mean, just wing it.
I mean, use some logic.
It's a little bit of oil.
I mean, the bulk of this is colloidal silver.
It's not using much essential oil.
And thymol, you don't use hardly any because thymol is very, very potent.
So you use a very, very small amount of that.
But I don't have a recipe.
I'm just saying you could apply some good common sense on this.
You could probably make this yourself.
And in survival situations, that's a good thing to do, actually.
Have these bulk ingredients on hand and be able to make these things yourself.
Anyway, that's my podcast for tonight.
We covered a lot of ground, and I'm way over time here, but I did want to share that with you because I always want to encourage people to be more self-reliant on these things.
Keep in mind the whole timeline of everything I talked about today is going to be major, major sales on consumer goods this summer, and then things are going to get a lot more expensive after that.
Food prices are going to continue to rise.
Diesel prices will continue to rise.
Transportation is going to get clobbered very, very hard.
And we're going to have civil unrest and food riots and all that stuff for the second half of this year.
And then, as I covered in other podcasts, don't forget, we might also be attacked by China.
There might be a nuclear war with Russia, depending on where things go and the escalation efforts and so on.
We're going to have rolling blackouts, probably.
In some areas over the summer.
And then what's going to happen next winter with the food supply, right?
So, you know, we got to be ready on all these fronts.
And I know you are more ready than most because that's what you and I have in common.
We are far more prepared than most.
But take all this to heart.
And since it's Friday, you know, use the weekend wisely.
Oh, also be prepared for the abortion lunatics.
To go insane over the Roe v.
Wade decision, if that's announced by the Supreme Court soon, it's being said that all the National Guard units across the country are being activated, or I should say put on notice.
I don't know what the standing order is, but they're being told to be ready so that whenever the Supreme Court announces, if they do, that Roe v.
Wade is overturned, Then, you know, all these abortion, libtard, baby-killing lunatics are going to come out of the woodwork.
All the demons are going to come out and it's just going to start, you know, screaming and burning everything down.
And the National Guard is going to be deployed and CNN will do a report.
Mostly peaceful arson, you know, mostly peaceful terrorism.
And there's going to be plenty of comedy surrounding that whole thing, but also some left-wing violence, no doubt.
So we'll talk about that when that happens, if that happens.
We'll see.
But just be on the alert.
So, you know, be on the alert, which means have extra food, extra gas, so you don't have to go to the gas station.
Might be protests there.
Who knows?
Just be ready.
Have extra supplies so you don't have to go out and wade through some lunatic mobs somewhere.
Because they're going to be all over the country.
All right.
With that said, have a great weekend.
God bless you.
Thank you for all your support.
Thank you for your patience today.
And I hope you found this valuable.
And if you think somebody else could benefit from this analysis, and if they are mature enough to handle my twisted humor, go ahead and send them the link.
I'll try to be nice in future podcasts if I can do that.
Try not to offend your friends, your delicate snowflake friends.
No, I have them too.
I know.
I know.
Okay.
All right.
Have a great weekend.
Take care.
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