Trump: The U.S. Is Now “Like A Third World Country” As The Supply Chain Crisis Gets Even WORSE by for The Economic Collapse Blog
They keep promising us that things will start getting better. When will that actually happen? Once winter was over, the supply chain crisis was supposed to be on the way out. Instead, as you will see below, even CNN is being forced to admit that it is getting even worse. The war in Ukraine and a new wave of COVID lockdowns in China are being blamed, but those are only two pieces of the puzzle. The truth is that we are now in the third year of this epic supply chain crisis, and there is no end in sight.
On Tuesday, Donald Trump told an interviewer that he is greatly disturbed by what he is currently witnessing…
‘You go to a store, you don’t have bread. We’re like a third world country. They don’t have things. You go to buy something at Tiffany, you go to buy something at a hardware store — high, low — they don’t have product.’
Of course Trump is 100 percent correct.
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Throughout our entire economy, there are shortages, delays and backlogs.
Trump himself has been personally affected by this. In fact, in the interview he appeared to refer to a wait of “nine months” for something that he had ordered…
‘They say — even me, when I order things, like for furnishings, for a building or something — they say it’s going to take nine months to get it,’ Trump said. ‘Used to be like, same day service.’
Prior to 2020, most Americans never would have imagined that this sort of supply chain crisis could be possible.
But here we are.
And according to CNN, experts are openly admitting that our supply chain problems are now “getting worse”…
Problems with global supply chains were supposed to be getting better by now. Instead, experts say they are getting worse.
Russia’s invasion of Ukraine, which cut off exports from Ukraine and put Russian businesses under sanction, has set off a series of new supply-chain bottlenecks. So has a surge in Covid cases in China, which has led to temporary lockdowns in parts of the country.
So when will things finally start getting better?
When the war in Ukraine ends?
I wouldn’t hold my breath on that one.
When the COVID pandemic is over?
If you are waiting for that to happen, you are going to be waiting for an awfully long time.
And what is going to happen if another major “black swan event” comes along?
