At the same time, and seemingly quite out of nowhere, the new Coronavirus started somewhere in the Wuhan province of China in November 2019. The virus, spread human to human without people showing any symptoms (i.e., asymptomatic carriers), ramped up in its spread, so that now in February 2020 nations are saying we are on the verge of an outright pandemic.
The timing of the rise of the Coronavirus epidemic is too perfect to ignore.
The Second Signpost, with its cut in the global oil supply by one-fourth cutting into oil availability and resulting in much greater cost for transportation and materials production, will be marked by interruptions in supply lines. If goods cannot be produced, great unemployment would result. Companies needing a constant cash flow, or those which have large debts, would see bankruptcy. The world economy would go into a depression with the effects of the Second Signpost alone.
Exacerbating this, though, is a possible Coronavirus pandemic, marked by either people’s fear of coming to work, or governments restricting travel.
The average person doesn’t think or care about the supply chain. The supply chain is the process of getting your stuff from where it is made to the place where you can buy it.
Today, we obtain goods from all over the world. Perishables and high value items are transported by airplanes, and almost everything else travels over sea as revealed by the Baltic Dry Index, which tracks the oceanic transport. What happens if the supply chain becomes disrupted?
The Baltic Dry Index is at the lowest level since the 2008 financial crisis. What does this mean for you? It means that there is a real possibility that supplies from China are going to be diminished.
We are already seeing a crash in mobile phones from China. ZeroHedge reports,
China’s mobile phone industry cratered in January as shipments plunged by more than a third, according to a new report from China Academy of Information and Communications Technology (CAICT).
China shuttered dozens of cities, closed major manufacturing hubs, shutdown retail stores, and placed more than 700 million people in lockdown for virus containment purposes, creating one of the most massive demand shock the country has ever seen, resulting in the bust of the mobile phone industry in January.
CAICT reported domestic mobile phone shipments were around 20.8 million units, down 38.9% year-over-year.
The percentage mentioned is just below 40%. A 40% drop in any year for any industry can result in a depression if drops like these occur all over the economy, not to mention a 40% cut in any supply line will not only depress availability of products, but cause the price of said products to skyrocket.
The Second Signpost will likely cause interruptions to food and goods you buy on a regular basis. It might interrupt your cash flow as well. The Coronavirus pandemic is already showing such interruptions in supply chains.
People’s fear of a Coronavirus pandemic may very well add to the woes of the Second Signpost, exacerbating the coming global misery. The risk of an increase in the magnitude of economic woes just increased.
We will see.
Prepare now in the ways you believe God is leading you.
[Note: Could the Coronavirus have anything to do with the pestilences of the Fourth Signpost? Perhaps, but I doubt it. There are far worse diseases that could spread causing death and misery in the Islamic realm during that future time.]