Tuesday, May 6, 2025

 shopping is about to become an interesting undertaking;


Are you ready for store shelves to start emptying all over America?  When I first started writing about the coming shortages last month, I received quite a bit of criticism.  But now expert after expert is warning that we really are facing a crisis of historic proportions.  Most major retailers still have several weeks of inventory on hand, but after that shortages are going to start becoming very visible.

For smaller businesses, the shortages will be noticeable a lot sooner.  On Sunday, I visited a local small business to purchase some groceries.  In addition to selling groceries, this particular discount store also sells a wide variety of other products, and some of them are made in China.  As I walked through the aisles, I was stunned by how low their stock levels were.  Honestly, it was kind of depressing.

Of course anything that we are witnessing now is just the leading edge of what is eventually coming.

According to CNN, it is being estimated that “Chinese imports into the United States will plunge by as much as 80% by the second half of the year”…

The historically high tariff on China has effectively stopped all trade between the two countries, Trump has said repeatedly. The number of cargo ships headed from China to the United States fell 60% in April, according to Flexport, a logistics and freight forwarding broker. JPMorgan estimates Chinese imports into the United States will plunge by as much as 80% by the second half of the year...........more.......

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