John Bowne Economic Report, Global Supply Chain Crisis
A special report by John Bowne details a looming global economic halt characterized by dozens of cargo ships anchored off the ports of Los Angeles and New York. China faces power rationing and a potential grid collapse while the worldwide auto industry stalls due to a severe semiconductor shortage. The report also highlights the resignation of two Federal Reserve chairmen and criticizes Janet Yellen and Jerome Powell for policies described as Marxist.
supply chain· container ships· china· semiconductors· federal reserve· janet yellen· jerome powell
00:00 Ladies and gentlemen, you saw, you heard the broadcast title today of the Alex Jones Show, October 5th, Tuesday, Emergency Tuesday Broadcast, Fauci talks about staging health scare with new virus in 2019 video. It is just unbelievably open and shut that they did this. It is stunning and it makes me very, very angry. Not just all the people they've killed, not just the corporate media going along with it, not just the censorship of the truth and of treatments to try to block this engineered new virus. It's a new virus. It's not the flu. It's not a cold. It's a mix with HIV delivery system. And they did it and they're all on video bragging. So we really do have a problem of how the world perceives influenza. And it's going to be very difficult to change that.
00:59 Unless you do it from within and say I don't care what your perception is We're going to address the problem in a disruptive way and in an iterative way because you do need both but it is not too crazy to think that an outbreak of a novel avian virus could occur in China somewhere we could get the sequence from that, beam it to a number of regional centers, if not local, if not even in your home at some point, and print those vaccines on a patch and self-administer. Is that there is no question that there will be a challenge to the coming administration in the arena of infectious diseases, both chronic infectious diseases in the sense of already ongoing disease, and we have certainly a large burden of that,
01:47 but also there will be a surprise outbreak. From the front lines of the information war, it's Alex Jones. And it's time for humanity to stand up in the info war and say, I don't know what's going to happen at the end of this, but you want to fight? You better believe you got one! From the front lines of the information war, it's Alex Jones. President Biden is gonna manage to even ruin the holidays. The economy, much like the global supply chain, is showing signs that it may be about to come to a grinding halt. The normal number of container ships at anchor is zero to one.
02:58 Billions of dollars of goods floating in limbo. Dozens of cargo ships now stuck off the ports in Los Angeles and New York with wait times to dock stretching up to three weeks. China ran out of coal and is now rationing power to a grid that is on the verge of collapse. And what does this tell us about that central planning ability of the Chinese government if it can't foresee some of the problems around Evergrande, if it can't foresee some of the problems around coal supplies? We've got to get beyond this idea that Chinese leaders are some sort of fabled economic wizards. They're not. They make lots of mistakes and they're forever having to clean up messes. Auto industries worldwide are waiting on semiconductors causing production to come to a stop. This is the most severe shortage of semiconductors in years. Hollywood is about to get hit by a massive strike. Hollywood's been here before. The writers strike 14 years ago lasted months and cost the industry hundreds of millions of dollars.
03:53 Back then, streaming services were just starting, but the discounted pay rates they agreed then are often still in force today. And the real estate sector is telegraphing a collapse. The last 18 to 24 months, Jim, we've had 60 billion of capital announced that's coming into the space, but they're all going to the same markets. And so I think there's concentration risk on top of the land grab that the public companies and the private builders are buying so much land, both through options and owned, and land inflation is up over 30%. While millions of businesses struggle to bring back an employment sector that doesn't want to come back. As businesses try to bounce back from the pandemic, many are struggling to find workers. Have you ever seen anything like this before?
04:39 It is the worst it's ever been. But it's happening across the retail landscape. This Ace Hardware recently launched a marketing blitz after no one applied for its open jobs. And very soon, your Christmas tree and Thanksgiving turkey will be in short supply. As Fauci says, Christmas may be canceled. We can gather for Christmas or it's just too soon to tell. You know, Margaret, it's just too soon to tell. We've just got to concentrating on continuing to get those numbers down and not try to jump ahead by weeks or months and say what we're going to do at a particular time. Biden's one point nine trillion dollar American rescue plan has done little to build back better. In fact, his tyrannical mandates are fueling the greatest shortage of health care workers in U.S. history.
05:24 Please get vaccinated now. And it won't be long before the quantitative easing machine is kicked back on to keep the stock market churning as two federal reserve chairman conspicuously quit at the same time. And I want to give people the big picture. The reason I don't care for Yellen or Powell, because they're both Marxist. And when I say that, I get nailed. But I will read you a quote from Lenin. This is Vladimir. He says, the establishment of a central bank, this is a direct quote, is 90% of a communizing of a nation. That's Yellen and Powell.
06:05 According to Michael Snyder of the Economic Blog, the mainstream media keeps trying to put a happy face on the temporary shortages, but an industry insider has let me know what is really going on behind the scenes. This particular insider runs a grocery store in Maine, and he says that things are as bad as he has ever seen. In fact, he says that he has never seen anything close to what is happening now. Snyder goes on to detail shortages of common items, from Gatorade and gallons of water to deli and bakery items. Something wicked this way comes. Get prepared now. John Bowne reporting. Ladies and gentlemen, it's Tuesday, October 5th. Get ready. We'll be back in 60 seconds.
