Thursday, December 12, 2019

Additional Tariff's on Products Outside the Tariff War Effective January 2020

 This is an important Re-Post: This New Tariff will go into effect January 2020. What you may expect.

 IMO (Internal Maritime Organization2020? What is this? Not alot of people are aware of the coming changes in January 2020. These changes effect the fuel used by shipping tankers that carry imports and products around the world. So, how does that affect me? Let me tell you....

 In short the IMO was set up to reduce the amount of sulfur in fuels used in these ships. Many are not compliant and the costs associated for this upgrade is extremely expensive for the new scrubbers. These tankers require dry dock in order to have the installation of the scrubber for compliance therefore being out of commission until updated. Additionally, the fuel cost have risen with the new compliance. These costs will be passed on to the consumer via higher prices on goods. Between, the Tariff War USA and China prices in the local super markets, big box stores, and thrift stores have already gone up! Now, we have to consider the additional cost that will passed down to the consumer for the IMO 2020. 

This is Why Prepping is essential for all families. Your fore thought and consideration for your families well being will be a Blessing during hard times. Having water, food, and medicine for your home. I personally believe in having several months worth of food at all times. Lets not forget the importance of the necessary seasonal items like winter boots, coats, clothing and alternative forms of cooking/heating etc... Every family is unique and will have a different list of needs according to the climate/medical issues/ and more.

Below I have linked 2 articles but there are a ton more out there.

Here is a link with a short article written by Rueters: https://www.reuters.com/article/us-imo-shipping-factbox/factbox-imo-2020-a-major-shake-up-for-oil-and-shipping-idUSKCN1SN2BX
and here is a FreightWaves article: https://www.freightwaves.com/news/imo-2020-prep-is-already-increasing-cost-to-ship-goods-by-sea

Major Trucking Companies Going out of Business and it's Effects on You


Yesterday, I read a Yahoo article about Major Trucking Companies closing down. Here is a link to the article" https://news.yahoo.com/thousands-truck-drivers-lost-jobs-191300330.html?.tsrc=daily_mail&uh_test=1_02  

Alot of people don't understand the gravity of the situation. Let me shed some light. These truckers carry goods to our stores, warehouses, farms, trains, gas stations, and importers/exporters etc... There is a big event coming around the corner. If you take the time to see what products and goods are no longer readily being transported. It sheds a light to supply and demand. Alot of people don't think about how products like food get to the stores. There a chain of events that takes place for that to happen. Part of that chain is broken now with so many companies closing their doors and independent drivers unable to secure routes/deliveries. 

Farmers:
It also emphasizes on the farmers crop loss. The truckers carried hay/feed/propane to the farmers. The propane helped dry what little crops they had. The lack of propane leaves crops wet allowing it to go bad. The feed/hay for the animals that survived the floods. They have not been able to grow their own feed or harvest hay for animals. Some farmers have culled their animals no longer being able to feed them. These animals cows, pigs, chickens supplied meat/eggs to our stores. Think about it....

Goods:
The other goods no longer being run on the regular to our stores like gas, food, clothing, medicine, shoes, housewares, blankets, etc.. There may come a day your area will see the effects. We truly never think of the items we need till they are no longer available to us. If a Snowstorm or weather event like a Hurricane/Tornado are predicated there is a store run and shelves are empty within hours. Gas station tanks are empty. Now add the truckers that normally ran these products to replenish stock are no longer running regularly. 
Gas stations with empty tanks. This could effect your ability to get to work, home, stores, doctors appointments or evacuations. 

Reality:
Let me ask you a question. Have you visited a store that normally is fully stocked at all times and now find half empty shelves or lack of product. I have watched Walmart Employees talking to one another about something coming around the bend and how they are preparing for it. They spoke of lack of inventory or fourth coming supplies to their Walmart and surrounding Walmart's. I am in a Suburban area that is vastly populated. This would take a serious toll on the families that keep only a few days of food/supplies on their shelves. 

Its time to take stock of your pantry and make a list of things needed. Slowly add the additional foods and supplies your family normally uses. Have a goal for 2 weeks worth of food and water in your home and work up from there. Securing your home for tough days ahead. You will thank yourself later for your efforts.