I have this same issue, all servers. I log in, I can raise hands and punch, however I cannot equip or raise or shoot any guns/axe. If I right click on food or drink it takes about 1 minute (says retrieving) then I can click eat/drink but nothing happens. A friend had this issue also and his fixed after a while but mine as not. I have 15-30 ping and no desync. Just paid for game and it worked fine for around 3 hours, then all of a sudden this issue. I also have no way to kill myself to try and restart.

Edit: I can see some players sometimes, but they are usually just stood still and not moving.

Edit 2: This issue is also happening for my friend again now.