10/9/2021 - Intel Drop Update #8 (Shipping Ports are backup up by atleast 5 weeks!)

[xotrevor]

“In the manufacturing lines they have rows & rows & rows of goods that are sitting there waiting for one tiny component. THAT IS EXACTLY WHAT’S HAPPENING IN AMERICA RIGHT NOW. Our inventories are backing up waiting for stuff that’s backed up by 5 weeks or more sitting on ships on both coasts, at sea, waiting to unload cargo. Companies here that are trying to ship stuff around the world. The trailers aren’t available, not enough drivers. If they do have drivers they haven’t got an empty container. If they do have an empty container they can’t get it to dock & they don’t have any room at the dock to put it to wait cuz the boat hasn’t unloaded yet, to be open to load other goods on. That is going to have a significant impact on the markets that isn’t going to resolve itself quickly.

The microchip shortage is more than you could fathom. Car companies, phone companies, computer, Smart TVs, Smart Appliances, Government weapon systems, and other productions were all coming to a standstill.

Cargo ships across the world were halting. Millions of companies were cancelling orders because of chip shortages. They could not finish production and had to cancel their next projects and cease production.

Layoffs have begun. Vaccine mandates in other countries were losing workers, drivers, delivery. The Cargo Ships were backed up, warehouse storage full.