There are a number of indicators of interest to me around the world.
the company scrambles to find funds, construction has stalled on its projects, putting the future of the 1.4 million properties that it has committed to building in doubt. The situation has sparked protests at Evergrande headquarters in Shenzhen, China. Protestors included contractors owed money by Evergrande and those who have paid for a home that may now never be built.
“Regardless if it is a port, vessel, or warehouse, when one becomes impacted, it quickly results in a downward spiral as delays accumulate,” Maersk’s update reads. “We see pockets of improvements, only to get setbacks when our operations encounter new COVID-19 outbreaks and lockdowns.”
The relentless rise in natural gas prices continued on Oct. 6, highlighting the looming threat to U.S. households bracing for higher heating costs in the event of a harsh winter.
U.S. natural gas futures were up 1.11 percent at $6.312 per million British thermal units (mmBtu) in early trading on Oct. 6 after jumping around 9 percent a day earlier to settle at $6.312 per mmBtu, their highest level since 2008.
While gas prices in Europe and Asia have more than tripled this year, the United States has largely been shielded from the global crunch because of plentiful supplies. While U.S. natural gas is trading around the $6 per mmBTu mark, it’s at around $30-plus in Europe and Asia.
But experts warn the global natural gas crunch could have ripple effects, with possible impacts on households in the United States.
Those are just a sample.
Housing material is expensive and difficult to find. Labor is in short supply too.
The U.S. government is going to increase the debt even though everyone knows they can’t possibly pay off the existing debt. The situation of other governments, world wide, is not much different.
Closer to home is the drought this summer blew away the previous all time record in terms of total rainfall in Clearwater County Idaho. The yields were 1/3 to 1/2 of normal with very low quality. The drought wasn’t just local either.
It is not difficult to envision a domino effect and things go completely bonkers
Prepare appropriately. I want an underground bunker in Idaho.