Biden and the Fed are impotent to fix it… October 19, 2021 [UNSUBSCRIBE]( | [WEBSITE](Put_Website_ [Altucher Confidential] “Soon, it will become clear to everyone that shortages are, at least short term, a “new normal” in America. But there’s good news.” [Email Masthead] Everything Shortage + Everything Bubble = Everything Bust By Chris Campbell Altucher: “I’m Betting This will Change Your Life.” [James Altucher]( want you to know: it doesn’t have to be hard to make money on Wall Street. In fact, I’m betting that when you [click this link]( in just 30 seconds you’ll discover a secret that will change the way you think about investing forever. [See it now,]( while you still can… The Everything Shortage isn’t coming. It’s here. And the mainstream media is underplaying it big time. You’ve seen the pictures of the ships anchored at LA port. [Aerial view of ships in anchored in the LA Harbour] Upon writing, the port is full. Even if ships dock, there’s no way to unload anything. The containers on the shipyard still need to be unloaded. And, get this… It normally takes six months to empty a full shipyard. Again, that’s not including the hundreds of ships sitting outside the port of L.A. --------------------------------------------------------------- [Recommended Article] [NFTs: The New Crypto Craze, Explained | Laissez Faire Today]( --------------------------------------------------------------- Colleague Zach Scheidt calls this the beginning of the “Everything Shortage.” Soon, it will become clear to everyone that shortages -- at least short term -- are a “new normal” in America. Zach laid out the mains reasons why it’s happening: A.] Shortages of truck drivers. “There just aren’t enough truck drivers available to come in and take these containers and move them out of the ports.” B.] Shortages of truck chassis. There’s a shortage of the metal trailers that containers sit on. C.] Shortage of steel. Despite the tripling of steel prices, steel plants have been idle. D.] Shortage of workers. Even if truck drivers get the products to the warehouses, the warehouses don’t have enough workers to unload the trucks. But it gets worse. And there’s nothing the Fed or Biden can do about it. George Gilder: “5G will soon be exposed as hype and hustle.” believes a radical paradigm change is taking place in the tech world – one that could disrupt the existing 5G industry. It isn’t the first time he’s shocked the tech world… Gilder predicted the smartphone in 1991… identified Amazon in 1998, before it rose 243,000% over 23 years… and helped his followers make 40x their money in less than four years on Qualcom in the late 1990s. Now he’s at it again… [get his full prediction here.]( The Everything Bubble “We’ve seen the news that Biden’s trying to make it better,” says Zach. “He’s trying to mandate 24 hour processing at this particular port and some other things. But this isn’t something a mandate or some sort of regulation can fix.” Biden can’t regulate it out of existence. And no, the Fed can’t fix it, either. Another colleague, Graham Summers, author of The Everything Bubble, shows why the Fed might just make things worse. There are many problems money printing can’t fix, no matter how red hot the printer. They include: 1.] Supply chain issues 2.] The global energy crisis. “The Fed can’t MAKE people return to work,” says Graham, “or force them to give up their new careers and go back to unloading cargo ships or working in manufacturing facilities. Similarly regarding the Energy Crisis, the Fed can’t print oil or coal. QE doesn’t lower energy prices. And maintaining lower interest rates doesn’t make coal miners/ oil employees go back to work and start drilling or mining.” Although the Fed can’t fix the problem, Graham adds, “they are igniting inflation in a way we haven't seen since the 1970s.” And when the everything bubble meets the everything shortage? We’ll see the Everything Bust. The best time to begin preparing was months back. The second best time? Now. --------------------------------------------------------------- [Recommended Article] [The Myth of Artificial Intelligence | Gilder's Daily Prophecy]( --------------------------------------------------------------- The Good News “The good news,” says Zach, “is there are ways you can protect yourself. There are ways you can profit from the Everything Shortage.” Last Thursday, October 14 we went live on the Six Predictions Summit… Zach revealed everything you need to know about this Everything Shortage… why it’s scarier than you think… And a few ways to profit (including one specific stock he likes). Zach begins talking at exactly 30 minutes in. Personally, I’d suggest watching the entire thing if you haven’t already. But at the very least check out Zach’s bit. [Click here and skip to 30:00.]( Until tomorrow, [Chris Campbell] Chris Campbell
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