Originally published at: China’s Virus Lockdowns Expected to Decimate Supply Chains | Infostormer.com
I’ve been saying that the virus lockdowns in China were most likely done to intentionally disrupt the supply chains as an unofficial embargo placed on the West. Regardless of if that was the original intention or not, the lockdowns have undoubtedly created major problems for global supply chains. It is going to cause all sorts of economic problems in the West.
This isn’t me saying it either. It’s being reported by all sorts of corporate media operations.
CHINA LOCKDOWN | RETAIL FALLOUT
This year's COVID outbreak in China has caused greater damage to consumers and supply chains than any in the previous two years, according to https://t.co/YvP1LfEveT CEO Xu Lei.https://t.co/LSi0N4KomE
— Nikkei Asia (@NikkeiAsia) May 17, 2022
As China's lockdown drags on, it threatens to devastate the country's economy and dislocate the supply chain. Experts warn that wider economic implications will be felt in Germany too. DW's Mischa Ehrhardt explains how: https://t.co/p33TlhYjKi
— DW Deutsche Welle (@DeutscheWelle) May 17, 2022
It probably wasn’t a great idea to let China become the manufacturing center of the universe. But nobody listened to people like Ross Perot, Pat Buchannan and Ron Paul when there was at least a chance to correct this imbalance. Now, we are at the mercy of China because we barely make anything of tangible substance in this country.
If you aren’t preparing yourself for widespread shortages of any number of things, you are very foolish.