Discover more from Ripped From The Headlines
Ripped From The Headlines, December 27, 2022
"No Supplies" In Buffalo Post Storm, 5 Ways The National Debt Threatens The Economy, Insurance Companies "Won't Be Able To Insure Cyber." Read, Share, & Subscribe: SherlocExposes.com
SHERLOC Exposes is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
A BIG Welcome To Our Newest Sponsor, Patriot Depot!
From co-publisher, RC Williams:
We were recently out of town, and we’ve had our eye on Geneva Bibles for a while now. It was just going to take a while to get them.
When we figured out the team at Patriot Depot was located where we were going, I reached out to see if we could just pick up in person… guess what?
We got them, in person, with a great discount - AND we got to see just how awesome the Patriot Depot team is.
If you read Sherloc Exposes, Patriot Depot is for you.
Check out the super selection of books, clothes, and gifts - and support a business of strong patriots and believers.
Tell them we sent you.
“Families in western New York were scrambling to find food, medicine, and other essentials Monday after a historic blizzard blocked roads and cut off electricity, forcing many major supermarkets and pharmacies to close.
In Buffalo, where at least 18 people have died, the two largest supermarket chains have been closed since Friday as the latest forecast called for another 6 to 12 inches of snow.
'There are no stores open. It’s whatever you can grab,' said Scott McCandless, 54, who lives in Orchard Park, a suburb southeast of Buffalo.
Surrounded by snow Sunday night, McCandless ate a bowl of generic cinnamon toast crunch for Christmas dinner. In the morning, he grew concerned as his supply of bread and eggs dwindled and his number of cans of meatball soup fell to three.
'I was just getting low, and I was just getting nervous,' he said.
When his driveway was finally plowed at 9 a.m., McCandless set out looking for open supermarkets. 'I drove 3 miles, then 5 miles in my car and nothing was open,” he said. 'I gave up.'”
“Fueled by the pandemic and years of fiscal splurging, the national debt of the United States blew past a record-shattering $31 trillion in October, and the country is barreling toward a future economic reckoning.
Economists have long debated the precise repercussions of skyrocketing debt, with some downplaying fears of a cataclysmic crisis and most others quibbling about whether its ramifications will take the shape of a slow-moving economic demise or eventually reach a breaking point.
'This is totally uncharted territory. These are debt levels that have not been seen before. This is going to exceed even Japan's debt, which is the largest debt as a share of the economy in the entire industrialized world,' Brian Riedl, a senior fellow at the Manhattan Institute, told the Washington Examiner."
Painful austerity measures
Lack of fiscal space
"The chief executive of one of Europe’s biggest insurance companies has warned that cyber attacks, rather than natural catastrophes, will become ‘uninsurable’ as the disruption from hacks continues to grow.
Insurance executives have been increasingly vocal in recent years about systemic risks, such as pandemics and climate change, that test the sector’s ability to provide coverage. For the second year in a row, natural catastrophe-related claims are expected to top $100bn.
But Mario Greco, chief executive at insurer Zurich, told the Financial Times that cyber was the risk to watch. 'What will become uninsurable is going to be cyber,' he said. 'What if someone takes control of vital parts of our infrastructure, the consequences of that?'"
Post Holiday Hangover, Ripped From The Headlines. Things To Ponder:
Hello, I Must Be Going!
That feels like most municipal systems and stores (especially in Buffalo) right now, doesn’t it?
There is NO DOUBT that the winter storm that’s got most of the United States in a headlock is bad…
But it also feels like systems that are relied on to work, all failed (or continue to fail) at the exact same time…
What gives with that?
Here’s a hint, it’s been coming for years for multiple industry segments and municipal systems…
Here’s a quote from Captain Casey Murray, the president of the Southwest Airlines Pilots Association. Just use it for whatever “thing” is annoyingly not working right now:
“We’ve been having these issues for the past 20 months,” he told CNN. “We’ve seen these sorts of meltdowns occur on a much more regular basis and it really just has to do with outdated processes and outdated IT.”
He said the airline’s operations haven’t changed much since the 1990s.
“It’s phones, it’s computers, it’s processing power, it’s the programs used to connect us to airplanes – that’s where the problem lies, and it’s systemic throughout the whole airline,” he said.
EDITOR’S NOTE: Hat Tip To Open The Books for their piece on Southwest Airlines today, showing that they’ve received $7.2 BILLION in government subsidies…
Since 2020. And their systems are still antiquated.
Click Here to read that piece.
Keep the definition of the word “systemic” handy… you’ll need to refer to it a lot in the near future: adjective of or relating to a system, especially when affecting the entirety of a thing: systemic flaws in the design and construction of the vehicles.
“There’s Seldom Just One Cockroach In The Kitchen…”
That’s from Warren Buffet…
But it also describes the issue with the US National Debt pretty well too, right?
It’s pretty chilling to think that our economy is teetering like that… this quote from earlier really sums it up:
“This is totally uncharted territory. These are debt levels that have not been seen before. This is going to exceed even Japan's debt, which is the largest debt as a share of the economy in the entire industrialized world.”
WOW. How does this one end?
Your Insurance… Isn’t Quite… Err… Insurance?
So, a quick note - whatever insurance companies you use aren’t really in the business of insuring you…
Shocked? Don’t be…
They are in the business of MANAGING RISK… and you happen to be one of many…
And they work as hard as they can to pay as little as possible, as little as possible.
What’s crazy is that you’ve just been tipped off to what’s been called the “world’s biggest threat” (cyber attacks) being uninsurable…
What could go wrong?
Well, let’s ask the CEO of Zurich:
“What will become uninsurable is going to be cyber,' he said. 'What if someone takes control of vital parts of our infrastructure, the consequences of that?'"
What Does This Mean?
Did you happen to catch our warning last week? If not, you can click here to read it. Here’s the sum of it:
If it just takes one “out of the ordinary” storm too:
-Put people into a panic
-Shut down transportation
What happens if things like the heating oil shortage, the US Dollar no longer being the world’s reserve currency, and the US Government making stuff up all intensify at exactly the same time?
Bad things happen.”
With what you’ve seen between December 23rd and right now… you should get moving.
Why Should I Care?
Did you happen to see this?
“Days of freezing temperatures in Deep South areas that usually freeze for only hours are threatening dozens of water systems as burst pipes leak millions of gallons of water.
The problems were happening Monday in large, troubled water systems like Jackson, Mississippi, where residents were required over Christmas to boil water months after most lost service because of a cascade of problems from years of poor maintenance.”
As we said earlier in today’s report, ALL OF YOUR CRITICAL SYSTEMS ARE HANGING ON BY A THREAD.
Why does it seem like these areas are being primed to clear them out? What’s there?
So many moving parts.
You Should Care.
What Should I Do?
If there was ever a poster child for Ripped From The Headlines and being prepared, it’s today’s report.
Don’t end up like folks in Buffalo and other places that are suffering.
Click Here and start your supply journey. Get:
Solar Powered Generator(s)
Practical Living Items
or, get to your local discount stores and stock up in bulk.
Just. Do. Something… so you’re prepared.
Your future depends on it.
Plus a recap of the 50 things you should have handy to barter.
Share this email with everyone you know. Sign up for a free or paid subscription. Paid members will receive our in-depth solutions.
Ripped From The Headlines is your daily digest of what’s happening worldwide. We help you to understand what it means, why you should care, and what you should do.
Have a tip on a story, case, or issue that needs to be covered? Email us: firstname.lastname@example.org. Confidentially assured.