Because of my proximity to business owners I share some stories I hear (anonymous and sanitized of course) because I believe these stories have real world value; if you're reading this now apparently so do you, thank you!
It's hard to cover everything happening right now or examine the multiple domino effects they will have but, in order of importance here's a hot list:
1) Russia/Ukraine war - The knock-on effects are legion not so much because of the military operations themselves, they're half a world away, but rather because of the knee-jerk policies that were/are implemented in an attempt to "punish" the aggressors and "protect" those being attacked. Getting reliable information about what's actually going on is almost impossible since the narrative-stoking machinery is full-on: "Russia bad - Ukraine good, no questions!" Here is a site I believe has good analysis without the spin (this too). Oil isn't the only thing effected by this; absolutely every critical component in our basic food supply and manufacturing daisy chain is currently being re-valued higher.
I cannot stress this enough: If your business qualifies for funding and you can put capital to work by purchasing materials/supplies or using it to retain key personnel, you should consider doing so asap! That sure sounds self-serving coming from me, a business lender I know. Look around and you'll see I'm right just as I have been for over a year now. This isn't going away in fact it's getting worse so best to prepare now.
2) Banking has been weaponized - The world has realized like a sudden cold shower that the state controlled banking system can be used to punish dissenters and generally anyone the government claims has "Unacceptable views". That could be anyone so everyone realized the same thing at the same time: "A bird in hand is worth 200 in the bank" and quickly proceeded to withdraw their money en masse causing a bank run in Canada (at least) and a very humiliating retreat for the government lol! Russian citizens have been blocked from using their Apple pay and other electronic pay systems causing them to get stuck in public transportation - Big Brother got them!
This is what I mean by "Optionality" - the means and ability to have other options to pay and get paid, the state-controlled banks have overplayed their hands:
"Bitcoin is not money. It is a database whose rules are fixed. You can have access to this database by simply downloading it yourself or using a consumer grade interface tool to interact with it. Billions of people on earth have these interfaces in their pockets, they’re called “mobile phones,” and when users have Samourai Wallet, Muun, Phoenix, Wallet of Satoshi, Pine, Blue Wallet or Breez installed on their phones, no one can confiscate their synthetic money, or “bitcoin” as it is commonly known."
3) Scorching food inflation - I'm going to leave this right here......
" Those who have it, are no longer giving it away, and those that don't will soon find themselves in the middle of an epic food crisis.
Just hours after we reported that Russia effectively banned exports of fertilizers, moments ago Hungary - one of Europe's most grain rich nations - has circled the wagons and realizing which way the wind is blowing, just announced that it will banning all grain exports effective immediately, in a statement .
Expect wheat prices, already at record highs, to promptly double from here in the next few weeks as the world realizes the extent of the global food crisis that is coming.
Our suggestion: buy flour, rice, barley and any other grains you can now, rather than waiting one month to buy them because you have to."
We've seen these conditions before a long time ago. The tools we used then still work today namely using fixed rate capital to go hard on inventory and ride the price increase wave to higher margins. I'm ready to work with every industry (Truckers included because I feel they need special attention right now) and provide critical capital at affordable terms.
Take funding now and use the proceeds in your business to grow, the rate remains flat while your supplies and margins are going higher faster!