Automakers Flash Warning Over Supplies Of Critical Metals

By Stefan Gleason – Re-Blogged From Silver Phoenix

While motorists continue to enjoy the benefits of a longstanding supply glut in crude oil, car manufacturers are becoming increasingly worried about shortages. Not in liquid fuels, but in metals.

The automotive industry requires certain strategic, rare, and precious metals. Without them, batteries for electric cars wouldn’t function and catalytic converters for gasoline engines wouldn’t work.

Many of the metals that play a critical role in both conventional and electric vehicles now face potential supply shortfalls.

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Rising Wages = Shrinking Corporate Profit Margins … And Falling Stock Prices?

By John Rubino – Re-Blogged From Dollar Collapse

Today’s Wall Street Journal contains a couple of charts that illustrate a relationship that’s not getting much media attention these days: The fact that tightening labor markets are forcing companies to raise wages, in the process squeezing their own profit margins.

Historically this margin compression has been either a cause of or contributor to cyclical turning points — in other words it coincides with recessions and equity bear markets.

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Inflation Is Back, Part 9: Two Sentences Say It All

By John Rubino – Re-Blogged From Dollar Collapse

Okay, one more look at wage inflation, followed by a short diatribe on the unfairness of life.

As the labor markets get tighter, power is finally shifting from companies to workers. For some reason Iowa is leading the way (the promised two sentences are in bold):

Say Hello to Full Employment — Want to know where the economy is headed? Look at Des Moines

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Antibiotic Crisis: Fragile Supply Leads to Shortages

By Thomson Reuters – Re-Blogged From Newsmax Health

Shortages of some life-saving antibiotics are putting growing numbers of patients at risk and fuelling the evolution of “superbugs” that do not respond to modern medicines, according to a new report on Thursday.

The non-profit Access to Medicine Foundation (AMF) said there was an emerging crisis in the global anti-infectives market as fragile drug supply chains – reliant on just a few big suppliers – come close to collapse.

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Wage Inflation Coming. Does This Mean Spiking Interest Rates?

By John Rubino – Re-Blogged From Dollar Collapse

Dave, the plumber who saves us every six or so months when a leaking pipe, water heater, or toilet threatens to destroy our walls and ceilings, was here the other day. As usual he fixed the problem right away and charged us less than expected. We love this guy.

While he was working I asked him how business was going. He claimed to be swamped to the point of turning away jobs. I asked why he doesn’t hire more plumbers to leverage his client list. Because, he replied, there are no available plumbers: “If a plumber is unemployed today there’s a really good reason for it.” In other words the home maintenance part of the labor market is hot and getting hotter.

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British Snow Chaos: “Running out of Gas”

By Eric Worrall – Re-Blogged From http://www.WattsUpWithThat.com 

h/t JoNova – The cold is biting Britain so hard domestic gas use is causing a supply shortage, forcing the British government to ask industrial users to reduce energy expenditure to preserve supply to households.

British Deep Freeze 2018 (Taken in SE England)

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