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News & Articles By Matthew Davis
01/12/2022
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By Matthew Davis
US burdened by tire shortage as global supply chain crisis continues
The automobile industry is being burdened by a national tire shortage brought about by problems in the global supply chain. Already burdened by truck and chassis shortages, lack of drivers and other issues, the tire shortage is proving to be a big problem for the rubber industry. David Hays, president of Hay Tires Pros based in […]
01/12/2022
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By Matthew Davis
Shortage of semiconductors hits manufacturing industries as Biden fails to solve supply chain crisis
The shortage of semiconductors is worsening and the affected companies are compounding the situation by stockpiling their inventory – further depleting the already thinning supply. The dire situation is happening due to the prevailing global supply chain disruptions, which the Biden administration fails to solve. Trading and technology firm Susquehanna Financial Group noted that the shortage will continue […]
12/28/2021
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By Matthew Davis
Health Ranger Report: John Perez talks about gold and silver as real currencies
John Perez gave his predictions on the future of crypto, Bitcoin, tether, Evergrande, gold and silver during the Dec.20 episode of the “Health Ranger Report” with Mike Adams on Brighteon.TV. Silver, according to Perez, is being manipulated and suppressed by the powers that be because they don’t like to see gold and silver going to […]
12/09/2021
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By Matthew Davis
Australia to overhaul payments system with digital currency issued by central bank
Australia is planning to have a digital currency issued by its central bank and regulate the crypto market in a bid to overhaul how the nation’s consumers and businesses pay for goods and services. Treasurer Josh Frydenberg stressed the need to reform Australia’s current framework to prevent Silicon Valley from determining the future of its payments system. Frydenberg […]
12/08/2021
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By Matthew Davis
Economic situation gets worse: Stagflation is now happening in the US
People must learn quickly how to complete the necessary preparations to survive stagflation, which is happening right now in the United States. Stagflation is an economic condition caused by a combination of slow economic growth, high unemployment and rising prices. It last happened in the 1970s as a result of monetary and fiscal policies and […]
12/08/2021
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By Matthew Davis
Hackers steal $196 million from crypto trading platform Bitmart
Blockchain security and data analytics firm Peckshield on Saturday, Dec. 4, revealed that hackers have taken $196 million from crypto trading platform Bitmart. Bitmart confirmed the hack in an official statement, branding it “a large-scale security breach” and saying that hackers withdrew about $150 million in assets – which is less than the estimate of Peckshield. Following […]
11/30/2021
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By Matthew Davis
Holiday shoppers shift focus to used goods amid shipping delays and shortages
Holiday shoppers are trying to work around the global supply chain delays and shortages by turning to used goods. Sellers told Insider that the secondhand economy is getting a boost from the supply chain crisis as more people are buying used goods from couches to holiday gifts. “I’ve had people specifically say ‘we just moved here and there are […]
11/18/2021
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By Matthew Davis
Coffee prices soar to 7-year high as supply woes hit top producers Brazil, Colombia and Vietnam
Poor weather, shipping snarls and soaring fertilizer prices, which affected supplies from leading producers Brazil, Colombia and Vietnam, sent the price of coffee to a seven-year high. Prices have almost doubled in the past year, raising the cost outlook for companies such as Starbucks Corp. and Peet’s Coffee & Tea Inc. that favor the high-end […]
11/18/2021
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By Matthew Davis
Desperate farmers participate in wild bidding wars for used tractors
An acute shortage of tractors is forcing desperate farmers to try their luck at used-tractor auctions, which are being marred by wild bidding wars. The used-tractor business has become a crucial marketplace that’s allowing farmers to keep harvesting corn, wheat and soy day and night at a time of rising demand from buyers in the […]
11/18/2021
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By Matthew Davis
Worldwide supply chain shortages may last until 2023 due to surge in household spending as people flee the collapsing dollar
Experts said global supply chain shortages and snags may last until 2023, unless Americans stop buying so much. Consumer demand remains high even in the middle of the Wuhan coronavirus (COVID-19) pandemic, which resulted in shortages in the U.S. and much of the world, according to the Associated Press (AP). “Demand is completely skewed,” said Bindiya Vakil, […]
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